Swipe fees, AI and other bills Colorado businesses are cheering or fearing

Colorado legislature passed Senate Bill 137, a bill aiming to streamline regulation and encourage innovation by requiring state agencies to review their rules more regularly, reducing the burden on small businesses.
An effort to eliminate credit card fees on sales tax passed through the legislature, which is a relief for small businesses, especially restaurants, following years of high swipe fees.
The new AI bill, Senate Bill 189, aims to strike a balance between protecting consumers and allowing responsible use of artificial intelligence by requiring companies to disclose auto-decision making technology.
CenturyLink introduced new security measures to prevent copper wire theft after a rise in incidents, including tracking devices and hidden cameras to identify thieves and intercept stolen copper.
Lunar Outpost, based in Golden, received $30 million in funding to develop moon rovers and expand its business globally, following its success with multiple contracts under NASA for lunar missions.
The National Science Foundation awarded $45 million to Colorado and Wyoming for a project tackling wildfires and drought through advanced sensing and computation technologies.
The U.S. Small Business Administration offered up to $2 million in loans to Colorado small businesses impacted by drought, with favorable interest rates and no accruing interest during the first year.

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