Colorado Passes Bill Limiting Noncompetes to Six-Figure Earners

May 11, 2022, 1:17 PM UTC

Colorado would explicitly ban employee noncompete agreements for workers not deemed highly compensated under legislation headed to Gov. Jared Polis.

The measure, HB22-1317, which got its final vote in the legislature Tuesday night, would use the “highly compensated employee” threshold that’s set by the Colorado Department of Labor and Employment—currently $101,250 annually and scheduled to increase each year. The Democratic governor plans to sign it, said Conor Cahill, a spokesman for Polis.

The changes to state law would put Colorado among states with the strictest bans on noncompetes for low-wage workers. Oregon and Washington state also limit noncompetes ...

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