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---
type: "Bill"
title: "Consumer Legal Funding Transactions"
description: "The act authorizes the administrator of the \"Uniform Consumer Credit Code\" to adopt rules regarding deferral charges for certain consumer credit transactions that are secured by the consumer's potential proceeds from a settlement or judgment obtained in the consumer's associated legal claim."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2023A"
identifier: "HB 23-1162"
citation: "Colorado HB 23-1162 (2023A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Robert Rodriguez", "Steven Woodrow"]
version_count: 10
action_count: 15
vote_count: 2
first_action: "2023-02-01T07:00:00+00:00"
last_action: "2023-06-01T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/f60e6d7e-d455-444d-9085-dd3cc260d357"
source_url: "https://leg.colorado.gov/bills/hb23-1162"
source_hash: "bdeac2836a291bf880f5cca622455be9fe744282e54d3bacbaa881585bf45370"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---
# Colorado HB 23-1162 (2023A) — Consumer Legal Funding Transactions
The act authorizes the administrator of the "Uniform Consumer Credit Code" to adopt rules regarding deferral charges for certain consumer credit transactions that are secured by the consumer's potential proceeds from a settlement or judgment obtained in the consumer's associated legal claim.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Committee Amendment** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_hb1162_s_blt_001.pdf)
2. **Engrossed (04/17/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1162_eng.pdf)
3. **Final Act (05/17/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1162_enr.pdf)
4. **Introduced (02/01/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1162_01.pdf)
5. **PA1 (02/17/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1162_h_bus_01.pdf)
6. **PA2 (04/11/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1162_h_bus_fin_01.pdf)
7. **Reengrossed (04/18/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1162_ren.pdf)
8. **Rerevised (05/01/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1162_rer.pdf)
9. **Revised (04/28/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1162_rev.pdf)
10. **Signed Act (06/01/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_1162_signed.pdf)
## Votes
- BILL — **22–12** (pass) · upper
- BILL — **44–18** (pass) · lower
## Sponsors
- Robert Rodriguez — primary (person)
- Steven Woodrow — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-06-01T06:00:00+00:00** Governor Signed `executive-signature`
- **2023-05-17T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2023-05-17T06:00:00+00:00** Signed by the President of the Senate
- **2023-05-17T06:00:00+00:00** Signed by the Speaker of the House
- **2023-05-01T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2023-04-28T06:00:00+00:00** Senate Second Reading Special Order - Passed - No Amendments
- **2023-04-27T06:00:00+00:00** Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole `committee-passage`
- **2023-04-19T06:00:00+00:00** Introduced In Senate - Assigned to Business, Labor, & Technology `introduction`
- **2023-04-18T06:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2023-04-17T06:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Committee, Floor
- **2023-04-13T06:00:00+00:00** House Second Reading Special Order - Laid Over Daily - No Amendments
- **2023-04-10T06:00:00+00:00** House Committee on Finance Refer Amended to House Committee of the Whole `committee-passage, referral-committee`
- **2023-03-02T07:00:00+00:00** House Committee on Finance Witness Testimony and/or Committee Discussion Only
- **2023-02-16T07:00:00+00:00** House Committee on Business Affairs & Labor Refer Amended to Finance `referral-committee`
- **2023-02-01T07:00:00+00:00** Introduced In House - Assigned to Business Affairs & Labor `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f60e6d7e-d455-444d-9085-dd3cc260d357`. Confidence: reported (aggregated from official Colorado legislature records).