What is Proposition 124?

COLORADO (KRDO) -- Coloradans will vote on three initiatives concerning alcohol in 2022.

Proposition 124 concerns increasing the number of retail liquor store licenses in which a person may hold an interest, and, in connection therewith, phasing in the increase by allowing up to 8 licenses by December 31, 2026, and up to 13 licenses by December 31, 2031, up to 20 licenses by December 31, 2036, and an unlimited number of licenses on or after January 1, 2037.

A YES vote supports incrementally increasing the number of retail liquor store licenses an individual may own or hold a share in.

A NO vote opposes increasing the number of retail liquor store licenses an individual may own, thereby leaving in place the current law which limits retailers to open a maximum of three liquor stores in Colorado.