Compare with different regulatory event:
On 10 April 2024, the Bill for an Act Concerning Consumer Protections in Interactions with Artificial Intelligence Systems (SB 24-205) was introduced to the Colorado Senate. The Bill would require deployers of high-risk artificial intelligence (AI) systems to inform consumers that such systems are deployed, provide consumers with a statement disclosing the system's purpose, the nature of the decision, contact information for the deployer, and a clear description of the system's components and their role in the decision-making process. Additionally, deployers must offer information to consumers about their right to opt out of personal data processing for profiling purposes. This information must be provided in a clear and readily available manner. The high-risk AI system is defined as systems developed or substantially modified to make consequential decisions that impact consumer's access to or the availability, cost, or terms of various aspects of their life, including criminal justice remedies, education, employment, essential goods or services, financial or lending services, government services, healthcare, housing, insurance, or legal services.
Original source