Colorado has become the third state to enact a comprehensive consumer data privacy statute. Passed by the Colorado General Assembly on June 8, 2021, and signed into law by Colorado Governor Jared Polis on July 7, 2021, the Colorado Privacy Act (“CPA”) is slated to come into effect on July 1, 2023. This Legal Update discusses key elements of the CPA and how they resemble or differ from those of the California Consumer Privacy Act (“CCPA”), the California Privacy Rights Act (“CPRA”), and the Virginia Consumer Data Protection Act (“CDPA”).