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DMA enters into settlement agreement with Colorado on remote seller notice and reporting requirements

The Data & Marketing Association (DMA), formerly known as the Direct Marketing Association, and the Colorado Department of Revenue signed a settlement agreement on February 22, 2017 to resolve all of DMA’s pending claims in the Colorado District Court, as well as other constitutional claims that could be refiled in the District Court for the District of Colorado. Terms of the settlement appear to pave the way for Colorado to begin enforcing its controversial notice and reporting requirements beginning on July 1, 2017.