What Is The Colorado Privacy Act?
In July 2021, the Colorado Privacy Act was passed and is scheduled to go into effect on July 1, 2023. A number of rights are given to Colorado residents with respect to their personal information under the Colorado Privacy Act.
In accordance with the CPA, covered entities are required to disclose to individuals what personal data they collect and process, why the data is processed, and with whom the data is shared. Additionally, individuals have the right to access, correct, delete, and opt out of the processing of their personal data.
The CPA applies to businesses that operate in Colorado or target Colorado residents. The law applies to entities that control or process the personal data of 100,000 or more Colorado residents per year, generate revenue from the sale of personal data, or process or control the data of 25,000 or more consumers.