Limitations on Restrictive Employment Agreements

Updated the bill title from 'REREVISED' to 'REVISED' and adjusted the sponsorship listing format.

Added a new definition for 'Annualized cash compensation' to specify it includes gross salary, wage amounts, fees, or other compensation for individuals employed for a full year.

Updated the bill title page to change status from 'PREAMENDED' to 'REREVISED' and added 'This Version Includes All Amendments Adopted in the Second House' to reflect the legislative process stage.

Added new House co-sponsors (Boesenecker, Clifford, Lieder) to the House Sponsorship section, expanding the list of legislators supporting the bill.

Adjusted the bill numbering reference from 'LLS NO. 25-0275.01' to remove the unofficial committee amendment notation, indicating the text is now the official revised version.

Deleted the definitions for 'Annualized cash compensation' and 'HEALTH-CARE PROVIDER' from the text, removing specific criteria for these terms.

Healthcare providers (doctors, nurses, dentists, midwives) are now explicitly excluded from the highly compensated worker exemption, meaning covenants not to compete restricting their practice remain void regardless of salary.

New provision prohibits covenants that prevent healthcare providers from telling patients about their continued practice, new contact information, or the patient's right to choose a new provider after the provider leaves a medical practice.

Updated the duration calculation for covenants in business sale agreements to include income from ownership interests during the preceding two years or affiliation period, whichever is shorter.

Added specific definitions for 'health-care provider' and related terms including certified midwife, advanced practice registered nursing, and dentistry to clarify who is protected under the law.

Removed definitions for 'practice as a certified midwife', 'practice of advanced practice registered nursing', 'practice of dentistry', and 'practice of medicine' that referenced specific Colorado statutes.

Added a note indicating the bill passed third reading unamended on March 12, 2025, in the Senate.

Expanded the list of Senate sponsors to include Bridges, Coleman, Cutter, Jodeh, Kipp, Snyder, Weissman, and Winter F.

Added a new definition for 'practice as a certified midwife' referencing existing Colorado law section 12-255-104(7.5).

Removed the previous definition for 'practice of medicine' that included physician assistants, as this was reorganized into a separate subsection.

Reordered the definitions subsections, moving the 'practice of dentistry' definition to appear before the 'practice of medicine' definition.

Reorganized the statute's subsection numbering, changing references from (3)(c) to (3)(b) and (3)(c), and adding new subsection (3)(e).