• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsTaxes

Greater salary transparency, legalized sport betting and a new ‘millionaire’s tax’—the laws now going into effect across the U.S.

By
David A. Lieb
David A. Lieb
,
Geoff Mulvihill
Geoff Mulvihill
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
David A. Lieb
David A. Lieb
,
Geoff Mulvihill
Geoff Mulvihill
and
The Associated Press
The Associated Press
Down Arrow Button Icon
January 2, 2023, 8:36 AM ET
Judge's gavel on American flag.
New U.S. state laws governing everything from salary and wages to income tax are taking effect at the start of 2023.Getty Images

Taxes will fall and minimum wages rise for residents in numerous states as a variety of new laws take effect Sunday that could impact people’s finances and, in some cases, their personal liberties.

Some new laws could affect access to abortion. Others will ease restrictions on marijuana and concealed guns, or eliminate the need to pay to get out of jail.

Jaywalkers will get a reprieve in California, thanks to a new law prohibiting police from stopping pedestrians for traffic violations unless they are in immediate danger of being hit by a vehicle.

Here’s a look at some of the laws taking effect in the new year.

Abortion

After the U.S. Supreme Court overturned the 1973 Roe v. Wade ruling in June, abortion access became a state issue. Laws in place in 13 states, most of them controlled by Republicans, ban abortion at all stages of pregnancy, with varying exceptions. Meanwhile, more liberal states have been extending abortion protections.

Laws taking effect in January are not wholesale policy changes but are intended to make abortion more accessible in California and New York. Abortion already is legal in those states through viability, which is about 24 weeks gestational age.

California will allow trained nurse practitioners, midwives and physician assistants to provide abortions without supervision from a physician. In New York, a law dealing with multiple facets of health care requires private insurers that cover births to also cover abortion services, without requiring co-payments or co-insurance.

A new Tennessee law, adopted in May, will bar dispensing abortion pills by mail or at pharmacies, instead requiring them to be given with a physician present. But advocates on both sides of the issue believe the effect will be minimal because a ban on abortions throughout pregnancy went into effect after the Supreme Court’s ruling.

Taxes

Thanks to large budget surpluses, about two-thirds of the states approved permanent tax cuts or one-time rebates last year. Several of those will take effect in January.

Income tax cuts mean less money will be withheld from workers’ paychecks in Idaho, Indiana, Kentucky, Mississippi, Missouri, Nebraska, New York, North Carolina and South Carolina. An Arizona income tax rate reduction to a flat 2.5% also will take effect in January, a year before originally scheduled because of strong state revenues.

Iowa will revamp its income tax brackets as a first step toward an eventual flat tax, and it will stop taxing retirement income.

Kansas will reduce its sales tax on groceries. Virginia will lower the tax on groceries and personal hygiene products. Colorado also will remove taxes from hygiene products, but will impose a 10-cent fee on plastic bags as a precursor to their elimination in 2024.

Other states are providing tax incentives for law-and-order professions. Rhode Island will exempt military pensions from tax. Georgia will offer a tax credit for donations to local law enforcement foundations.

But not all taxes will be going down. A voter-approved “millionaire tax” will take effect in Massachusetts, imposing a 4% surcharge on income of more than $1 million.

Wyoming is taking steps to collect taxes more quickly. Producers of coal, oil, gas and uranium will have to pay taxes monthly, instead of up to 18 months after extraction. The change comes after some counties had difficulty collecting millions of dollars owed by coal companies that went bankrupt.

Wages

Minimum wage workers will get a pay raise in 23 states as a result of laws passed in previous years, some of which provide annual inflationary adjustments. The increases range from an extra 23 cents in Michigan to an additional $1.50 in Nebraska, where a ballot measure approved in November will raise the minimum wage from $8 to $9.50 an hour.

The gap continues to grow between the 20 states following the federal minimum wage of $7.25 an hour and the 30 others requiring more. The highest state minimum wage now will be $15.74 an hour in Washington — more than double the federal rate.

Another law taking effect with the new year will require employers in Washington to include salary and benefits information in job postings, rather than waiting until a job offer to reveal such information. Similar salary transparency laws are in place in half a dozen other states.

Workers in Colorado and Oregon will start seeing paycheck deductions in January to fund new paid family leave programs. But Oregon residents will have to wait until September and Colorado residents until 2024 before they can claim paid time off following a serious illness in their family, the arrival of new children or recovery from sexual assault, domestic violence, harassment or stalking.

Ohio will offer a new way for people to spend their paychecks. Sports betting will become legal, joining more than 30 states that have adopted similar laws since a 2018 U.S. Supreme Court ruling said it was OK.

Criminal Justice

A new law in Illinois is supposed to eliminate cash bail for people accused of crimes, but a judge put that on hold in late December after 64 counties challenged it as unconstitutional. Requiring bonds to be posted has long been a way to ensure people who are arrested show up for their trials, but critics say the system penalizes the poor. Eliminating cash bail would put Illinois in a group of states including California, Indiana, New Jersey, Nebraska and New York that have prohibited or restricted the practice.

Another area where social justice meets criminal justice is relaxing marijuana laws.

In November, voters made Maryland the 21st state to legalize recreational use by adults. That begins on July 1, 2023. As an interim step at the start of the year, possession by adults of up to 1.5 ounces of cannabis will become a civil offense punishable with a maximum fine of $100.

In Connecticut, some provisions of a 2021 law that legalized recreational marijuana also kick in, including automatic expungement of convictions for possession of less than 4 ounces of marijuana that were imposed from 2000 through September 2015. According to the National Organization for the Reform of Marijuana Laws, 21 other states have expungement laws.

Alabama will become the 25th state where it will be legal to carry a concealed handgun without a permit.

A new Missouri law will prohibit homeless people from sleeping on state land without permission. Violators could face up to 15 days in jail and a $500 fine after an initial warning. The law also prohibits state funding from being used for permanent housing for homeless people, instead directing it toward temporary shelters and assistance with substance use and mental health treatment.

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today's executives. Subscribe here.

About the Authors
By David A. Lieb
See full bioRight Arrow Button Icon
By Geoff Mulvihill
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Big Tech
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to 'cure or prevent all disease'
By Sydney LakeFebruary 1, 2026
19 hours ago
placeholder alt text
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'
By Marco Quiroz-GutierrezJanuary 31, 2026
2 days ago
placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
2 days ago
placeholder alt text
Success
U.S. Olympic gold medalist went from $200,000-a-year sponsorship at 20 years old to $12-an-hour internship by 30
By Orianna Rosa RoyleFebruary 1, 2026
14 hours ago
placeholder alt text
Success
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
2 days ago
placeholder alt text
Energy
Top energy expert says probability the U.S. will attack Iran soon is 75% as risk of major disruption to oil supply is priced in — 'this one is real'
By Jason MaFebruary 1, 2026
8 hours ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Politics

PoliticsDonald Trump
Kennedy Center to close for 2 years for renovations after a wave of canceled shows due to Trump adding his name to the building
By Michelle L. Price and The Associated PressFebruary 1, 2026
6 hours ago
Real EstateHousing
Trump’s plan to make housing affordable is faltering
By Katy O'Donnell and BloombergFebruary 1, 2026
6 hours ago
Politicsgovernment shutdown
Partial government shutdown will extend into the week as House Speaker Johnson says it will be a few days before vote on funding
By Lisa Mascaro and The Associated PressFebruary 1, 2026
10 hours ago
Arts & EntertainmentMovies
‘Melania’ documentary debuts with $7 million in ticket sales after Amazon MGM Studios spent $75 million for rights and marketing
By Jack Coyle and The Associated PressFebruary 1, 2026
10 hours ago
PoliticsICE
France’s Capgemini to sell unit that provides tech services to ICE as backlash against Trump’s immigration crackdown goes global
By The Associated PressFebruary 1, 2026
10 hours ago
PoliticsImmigration
5-year-old Liam Conejo Ramos and father return to Minnesota from ICE facility in Texas after judge’s scathing order demanding release
By Jack Dura and The Associated PressFebruary 1, 2026
11 hours ago