It is May 2, 2026. While the federal government continues to debate, states are taking control. If you have customers or employees in Colorado, you have less than 60 days to comply with their new AI statutes.
- Impact Assessments: Starting June 30, 2026, businesses must conduct impact assessments to prevent “algorithmic discrimination” in critical decisions like hiring or credit.
- Mandatory Transparency: You must have a documented risk management program if you use AI for decisions that affect consumers.
- The Shark Insight: “It doesn’t matter if your LLC is based in Wyoming; if your algorithms touch someone in Colorado, you are under their jurisdiction. The ‘Wild West’ era of AI ends next month. Document your processes now or prepare for aggressive state fines.”