Ex. Summary:

House Bill 24-1051 enhances regulations on towing businesses in Colorado by strengthening consumer protections, increasing oversight, and imposing stricter compliance requirements for towing companies and property owners. The bill grants the Public Utilities Commission (PUC) authority to deny or revoke permits for companies with a history of violations, establishes stricter authorization requirements for nonconsensual towing, mandates enhanced signage and notice rules, and ensures that vehicle owners can retrieve personal belongings without paying towing fees. Additionally, wrongful tows must be reversed within 48 hours, and towing violations are now considered deceptive trade practices, allowing consumers to take legal action without administrative barriers. The bill also allocates funding for enforcement and extends PUC’s regulatory authority until 2030, ensuring continued oversight and compliance monitoring.