Will Initiative #109 pass? — Proposition 134
Open on Kalshi ↗Yes last at 57¢
Pays out only if
Proposition 134 (Initiative #109) must pass in Colorado.
“If Proposition 134 (Initiative #109) passes in Colorado, then the market resolves to Yes.” — market rules ↗Decided by: official electoral commission or equivalent authority of Colorado, Associated Press, Reuters, Bloomberg News, BBC News, CNN International, The New York Times, The Washington Post, The Wall Street Journal, Politico, Axios, ABC News, CBS News, NBC News, Fox News, MSNBC, official government website of Colorado, official state election websites
“The Source Agencies are, in hierarchical order, the official electoral commission or equivalent authority of <geography>, the Associated Press, Reuters, Bloomberg News, BBC News, CNN International, The New York Times, The Washington Post, The Wall Street Journal, Politico, Axios, ABC News, CBS News, NBC News, Fox News, MSNBC, and the official government website of <geography>.” — contract terms ↗
Does not count
Results showing insufficient votes to meet the required threshold
“The following scenarios do NOT constitute a referendum passing: Results showing insufficient votes to meet the required threshold” — contract terms ↗- Failure to meet minimum turnout requirements where applicable
- Official certification of failure by the electoral authority
- Cancellation or postponement of the referendum before votes are counted
Watch out
- WATCHRules don't say what counts as done
- WATCHSome obvious wins don't count
WATCHThe venue keeps a right to review the outcome
“Before Settlement, Kalshi may, at its sole discretion, initiate the Market Outcome Review Process pursuant to Rule 6.3(d) of the Rulebook.” — contract terms ↗
Read on 2026-09-10. Click a line for the sentence it rests on. Facts and gaps only — not a prediction.
The rules, in plain English
If Proposition 134 (Initiative #109) passes in Colorado, the market resolves to Yes. The market may resolve early once a consensus of designated media sources has declared a winner.
What the rules leave open
- What specific vote threshold is required for Proposition 134 to pass (simple majority, supermajority, or other)
Whether there are any minimum voter turnout requirements for Proposition 134
closest the rules come: “Meets any minimum voter turnout requirements if applicable” — contract terms ↗What the specific time period is for when the referendum must pass
closest the rules come: “The Underlying for this Contract is the official final result of <referendum> in <geography> as determined by the relevant electoral authority in, or before, <time period>.” — contract terms ↗When the last trading date and expiration date actually are (depends on unspecified time period)
closest the rules come: “The Last Trading Date of the Contract will be the day prior to the end of <time period>.” — contract terms ↗