**Proposition 133**, a citizen-initiated statute on Colorado’s November 3, 2026 ballot, would reclassify human trafficking of a minor for sexual servitude as a class 1 felony with a mandatory life sentence without parole and expand the offense to include knowingly buying sexual activity with a minor. The measure qualified after submission of over 169,000 signatures and certification by the Secretary of State in September. October coverage has highlighted its potential to align Colorado with six other states mandating life without parole, noted existing penalties of 8–48 years, and outlined modest long-term fiscal costs alongside arguments from supporters on deterrence and from opponents on reduced judicial discretion and risks to victims. With roughly three weeks until Election Day and no major recent developments shifting the landscape, trader pricing reflects broad support for stricter penalties on this issue.