Section 29-4-1004 - Rent reporting for credit pilot program - rules(1) On or before October 1, 2021, the authority shall establish rules for the administration of the pilot program. At a minimum, the rules must:(a) Include a list of financial education courses that tenants may complete in order to participate in the pilot program, including online classes sorted by location and, to the extent practicable, addresses, phone numbers, websites, and other contact information;(b) Ensure that each participant landlord reports only rent payment information concerning a participant tenant's payment or nonpayment of rent after the date upon which the participant tenant elected to participate in the pilot program;(c) Establish amounts, schedules, and other terms of compensation for participant landlords pursuant to section 29-4-1003(6); and(d) Establish a standard form for participant tenants to use to elect to participate or cease participating in the pilot program, which standard form may be electronic and must include: (I) A statement that the participant tenant's participation in the pilot program is voluntary and that a participant tenant may cease participating in the pilot program at any time and for any reason by providing notice to the participant tenant's participant landlord;(II) A statement that all of the participant tenant's rent payments may be reported, regardless of whether the payments are timely, late, or missed, and that reporting may commence within thirty days after the participant tenant elects to participate in the pilot program;(III) A statement that if the participant tenant elects to cease participating in the pilot program, the participant tenant may not resume participating in the pilot program;(IV) Instructions describing how to elect to cease participating in the pilot program; and(V) A signature block where the participant tenant may sign and date the form.Added by 2021 Ch. 379,§3, eff. 6/29/2021.L. 2021: Entire part added, (HB 21-1134), ch. 2540, p. 2540, § 3, effective June 29. For the legislative declaration in HB 21-1134, see section 1 of chapter 379, Session Laws of Colorado 2021.