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DENVER – The Colorado Chamber of Commerce today praised the Colorado Supreme Court’s decision in By the Rockies LLC v. Perez, ruling that the two-to-three-year statute of limitations in the Colorado Wage Claim Act applies to claims under the Colorado Minimum Wage Act. The Colorado Chamber joined with the U.S. Chamber of Commerce to submit an amicus brief on the case in November 2024.
“Businesses need clarity and predictability in the law to operate effectively,” said Colorado Chamber President and CEO Loren Furman. “This unanimous ruling ensures that Colorado employers don’t face overly burdensome record-keeping requirements and provides consistency between state and federal law when it comes to minimum wage labor disputes. Cases like this are why we launched our Legal Reform Alliance – to advance meaningful reforms, address the state’s deteriorating legal environment and ensure Colorado remains competitive for businesses of all sizes.”
The Colorado Supreme Court’s ruling reversed a previous appeals court judgment which determined that the six-year limitations period for liquidated debts applied to minimum wage claims. The Court upholding the two-to-three-year statute of limitations aligns with the three-year recordkeeping requirement for employers and federal labor law.
The Colorado Chamber’s prior amicus brief can be found here: https://www.uschamber.com/assets/documents/U.S.-Chamber-Coalition-Amicus-Brief-By-the-Rockies-LLC-v.-Perez-Colo.-S.-Ct.pdf
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The Colorado Chamber of Commerce champions free enterprise, a healthy business environment and economic prosperity for all Coloradans. It is the only business association that works to improve the business climate for all sizes of business from a statewide, multi-industry perspective. What the Colorado Chamber accomplishes is good for all businesses, and that’s good for the state’s economy. It was created in 1965 based on the merger with the Colorado Manufacturers’ Association.