"Across this country today, an estimated 5.8 million Americans -- 5.8 million of our fellow citizens -- are prohibited from voting because of current or previous felony convictions," Holder said at a speech to Georgetown Law School.
"These restrictions are not only unnecessary and unjust, they are also counterproductive," he said.
"By perpetuating the stigma and isolation imposed on formerly incarcerated individuals, these laws increase the likelihood they will commit future crimes.
Holder said it was time "to fundamentally rethink laws that permanently disenfranchise people who are no longer under federal or state supervision."
Holder, who last year announced a major reform to the way the US determines prison sentences, said these laws disenfranchising people who have committed felonies are "profoundly outdated."
He argued the laws were created at "a time of post-Civil War discrimination," and were "too often based on exclusion, animus, and fear."
"The impact of felony disenfranchisement on modern communities of colour remains both disproportionate and unacceptable," Holder, the first African-American attorney general, lamented, emphasising that as a result, nearly one out of 13 African-American men are banned from voting.
Last August, Holder announced plans to reduce the use of mandatory sentences for drug offences, in a reform he said would remain strict but be "smarter."
These mandatory minimums "reduce the discretion available to prosecutors, judges and juries," he said, and "have had a destabilising effect on particular communities, largely poor and of colour.
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