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On June 8, 2021, the Colorado Legislature passed the Colorado Privacy Act (CPA or “Act”), moving Colorado close to becoming the third state in the nation with its own omnibus privacy law, joining California and Virginia. If Gov. Jared Polis signs it into law, the Colorado Privacy Act will establish a comprehensive data privacy regime in the Centennial State that shares several similarities with the privacy laws in California and Virginia. Yet, despite these similarities, the CPA is still nuanced to such a degree that it will create a third, distinct data privacy framework with which companies that operate nationwide must contend.