New State Laws Could Affect Your Wallet

Big changes for Connecticut start today.

The prepared food tax goes into effect - a law that increases the sales tax and use tax rate on certain prepared foods and beverages to 7.35 percent.

Minimum wage increases to $11 an hour - part of a plan to bring it up to $15 an hour in 2023.

There is also a new digital streaming tax. Those who subscribe to digital services like Spotify, Apple Music, Netflix, or Hulu, will pay a 6.35 percent sales tax on each.

Starting Tuesday, if you’re in the market for a new car, when you trade in your old one you’ll pay $100 at the dealer to the General Fund.

Another law of note - if you want to buy tobacco like cigarettes or vaping products, the legal age will be 21.

The American Lung Association applauded the new law. It said in a statement in part it will, “prevent and reduce tobacco use, address the youth vaping epidemic and save lives.”

In addition to raising the legal age to purchase tobacco and vaping products, other laws include gun safety laws.

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