Colorado voters made a significant decision this week by approving Proposition KK, a new 6.5% excise tax on firearms, ammunition, and gun-related accessories.
This measure, which passed with 54.2% of the vote, makes Colorado the second state in the nation, after California, to impose a state-specific tax on gun purchases. The revenue, expected to reach around $39 million annually, will fund mental health programs, support services for crime victims, and other social initiatives.
Proponents argue the tax addresses the rising demand for crime victim support services. Colorado House Majority Leader Monica Duran, a primary advocate of the measure, highlighted how these funds could bridge gaps left by declining federal support for victim services.
She cited her personal experience with these services as a reason for her commitment, stating that this is about “supporting services that help those in crisis.”
Gun rights advocates, however, view Proposition KK as an unconstitutional infringement on the Second Amendment.
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To All Members of the Firearm and Ammunition Industry and Second Amendment Supporters from Coast to Coast: THANK YOU!