republic-os/legislation/us/states/co/2026a/hb-1188.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Sunset Process Securities Regulation	The act implements the recommendations of the department of regulatory agencies (department) in its 2025 sunset review and report by continuing the division of securities and the securities board until 2037. In connection with continuing these entities, the act:Clarifies that deficiency letters and communications concerning a deficiency letter are not public documents that may be inspected under the 'Colorado Open Records Act';Requires that an investment adviser or an investment adviser representative doing business in Colorado must be licensed by the securities commissioner (commissioner) unless otherwise exempt;Specifies that the executive director of the department must consult with the securities board when appointing the commissioner; andUpdates statutory language to be gender neutral. The act revises the process by which a cease-and-desist order is issued or a license is summarily suspended. Under the previous law, the commissioner issued a cease-and-desist order or conducted a summary license suspension by issuing an order to show cause as to why a cease-and-desist order or license suspension should not be issued. After appropriate notices were given, a hearing was scheduled with the securities board or an administrative law judge. At the hearing, it was determined whether to issue a cease-and-desist order or suspend the license and what form the order or suspension would take. The act changes this process to authorize the commissioner to issue a preliminary cease-and-desist order or a summary license-suspension order. If the person that is the subject of the order disagrees with the order, the person may request a hearing to resolve the issue. The hearing must take place within 45 days after issuance of the order unless both parties request an extension. The deadline for a hearing, with an exception, is changed from 35 days to 60 days. If a hearing is not requested within 15 days after issuance of the order, the order becomes final. The person that is the subject of the order must obey the order until a hearing is requested.(Note: This summary applies to this bill as enacted.)	us/states/co	Colorado General Assembly	2026A	HB 1188	Colorado HB 1188 (2026A)	bill	Financial Services & Commerce	enacted	B. Titone C. Kolker R. Stewart S. Camacho	7	14	6	2026-02-09	2026-05-29	openstates	ocd-bill/49e72130-f014-4f6b-b843-7c604662e053	https://leg.colorado.gov/bills/HB26-1188	2cf00ef1ed2cccbb13eb2d89e607f8dc912aa9edba186f3a36ca34d0bc334b97	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-co

Colorado HB 1188 (2026A) — Sunset Process Securities Regulation

The act implements the recommendations of the department of regulatory agencies (department) in its 2025 sunset review and report by continuing the division of securities and the securities board until 2037. In connection with continuing these entities, the act:Clarifies that deficiency letters and communications concerning a deficiency letter are not public documents that may be inspected under the 'Colorado Open Records Act';Requires that an investment adviser or an investment adviser representative doing business in Colorado must be licensed by the securities commissioner (commissioner) unless otherwise exempt;Specifies that the executive director of the department must consult with the securities board when appointing the commissioner; andUpdates statutory language to be gender neutral. The act revises the process by which a cease-and-desist order is issued or a license is summarily suspended. Under the previous law, the commissioner issued a cease-and-desist order or conducted a summary license suspension by issuing an order to show cause as to why a cease-and-desist order or license suspension should not be issued. After appropriate notices were given, a hearing was scheduled with the securities board or an administrative law judge. At the hearing, it was determined whether to issue a cease-and-desist order or suspend the license and what form the order or suspension would take. The act changes this process to authorize the commissioner to issue a preliminary cease-and-desist order or a summary license-suspension order. If the person that is the subject of the order disagrees with the order, the person may request a hearing to resolve the issue. The hearing must take place within 45 days after issuance of the order unless both parties request an extension. The deadline for a hearing, with an exception, is changed from 35 days to 60 days. If a hearing is not requested within 15 days after issuance of the order, the order becomes final. The person that is the subject of the order must obey the order until a hearing is requested.(Note: This summary applies to this bill as enacted.)

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Introduced (filed) — source
2. Engrossed (committee substitute) — source
3. Final Act (committee substitute) — source
4. Reengrossed (committee substitute) — source
5. Rerevised (committee substitute) — source
6. Revised (committee substitute) — source
7. Signed Act (committee substitute) — source

Votes

• Refer House Bill 26-1188, as amended, to the Committee on Appropriations. — pass (pass) · lower
• Adopt amendment L.001 — pass (pass) · lower
• Refer House Bill 26-1188 to the Committee on Appropriations. — pass (pass) · upper
• BILL — pass (pass) · lower
• Refer House Bill 26-1188 to the Committee of the Whole. — pass (pass) · lower
• Refer House Bill 26-1188 to the Committee of the Whole. — pass (pass) · upper

Sponsors

• B. Titone — primary (person)
• C. Kolker — primary (person)
• R. Stewart — primary (person)
• S. Camacho — primary (person)
• B. Marshall — cosponsor (person)
• C. Kipp — cosponsor (person)
• J. Coleman — cosponsor (person)
• J. Marchman — cosponsor (person)
• K. Brown — cosponsor (person)
• K. Nguyen — cosponsor (person)
• L. Cutter — cosponsor (person)
• M. Duran — cosponsor (person)
• M. Weissman — cosponsor (person)
• S. Woodrow — cosponsor (person)
• T. Sullivan — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2026-05-29 Governor Signed executive-signature
• 2026-05-28 Sent to the Governor executive-receipt
• 2026-05-28 Signed by the President of the Senate passage
• 2026-05-28 Signed by the Speaker of the House passage
• 2026-04-22 Senate Third Reading Passed - No Amendments passage, reading-3
• 2026-04-21 Senate Second Reading Special Order - Passed - No Amendments
• 2026-04-21 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole committee-passage, referral-committee
• 2026-04-14 Senate Committee on Finance Refer Unamended to Appropriations referral-committee
• 2026-03-30 Introduced In Senate - Assigned to Finance introduction
• 2026-03-25 House Third Reading Passed - No Amendments passage, reading-3
• 2026-03-24 House Second Reading Special Order - Passed with Amendments - Committee
• 2026-03-20 House Committee on Appropriations Refer Unamended to House Committee of the Whole committee-passage, referral-committee
• 2026-03-16 House Committee on Finance Refer Amended to Appropriations referral-committee
• 2026-02-09 Introduced In House - Assigned to Finance introduction

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/49e72130-f014-4f6b-b843-7c604662e053. Confidence: reported (aggregated from official Colorado legislature records).