Colorado Initiative 195 Signature Deadline Looms for Graduated Income Tax Proposal
Backers of Colorado's Initiative 195, a proposed graduated income tax measure, are in a race against time to collect the final voter signatures needed before a Monday deadline. This initiative aims to increase the income tax rate for individuals and…
Denver, CO, August 1, 2026 —
Proponents of Colorado’s Initiative 195, a ballot measure proposing a shift to a graduated state income tax system, are facing a critical deadline to gather the necessary voter signatures. The final push is underway, with backers needing to collect the remaining signatures by Monday to qualify the initiative for the upcoming ballot.
Initiative 195 seeks to restructure Colorado’s income tax framework. Under the proposed measure, individuals and corporations with annual incomes exceeding $500,000 would see their income tax rates increase. Concurrently, the initiative aims to decrease the income tax rate for those earning less than $500,000.
The success of Initiative 195 hinges on the campaign’s ability to secure a sufficient number of valid voter signatures before the stipulated Monday deadline. If the signature threshold is met, the initiative will proceed to the next stage of the ballot qualification process.
Details regarding the specific tax rate changes, the total number of signatures required, and the number of signatures collected thus far were not immediately available.
Story summarized from the original created by Jesse Paul on coloradosun.com, see more information here.
