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In a recent discussion, the speaker highlights the challenges of creating a data sharing contract that complies with various state privacy laws, specifically those of California, Colorado, Connecticut, Utah, and Virginia. They note the difficulty of aligning the requirements of five distinct state-level privacy laws and mention that many advertising clients have been inquiring about compliance. The speaker is currently consulting with experts for insights and acknowledges the complexity of threading the needle across multiple regulations. They inquire whether there has been any examination of a multi-state privacy agreement from the Interactive Advertising Bureau.