Colorado becomes the third state with a comprehensive privacy law with the passing of the Colorado Privacy Act (“CPA”) last week and is expected to be signed by the governor. The CPA is scheduled to take effect on July 1, 2023.
The CPA states that by January 1, 2025, the Attorney General may adopt rules for the process of issuing opinion letters and interpretive guidance. As we saw in California with their rulemaking process, Colorado might follow suit and issue guidance on the CPA.
The CPA will apply to legal entities that conduct business or produce products or services that are intentionally targeted to Colorado residents and either: (a) control or process personal data of more than 100,000 consumers per calendar year; or (b) derive revenue from the sale of personal data and control or process the personal data of at least 25,000 consumers.
Colorado’s Privacy Legislation has Passed
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