All the New Federal and State Laws You Should Know About in 2023

Despite appearances, the United States is still a nation of laws, and every January first, we wake up to a gaggle of new ones that were passed by our hard-working legislators over the previous year. 2023 promises many new and exciting rules that must be followed or you’ll thrown into a cage, so here’s a cross-country tour of new statutes, codes, regulations, and ordinances we should all know about.

Federal laws promise cheaper insulin, electric cars

On the federal level, some aspects of the Inflation Reduction Act are going to come online in 2023. While the initiative’s main thrust is incentivizing the development and adoption of renewable resources through corporate tax credits, it offers regular citizens like you and me some steep discounts on solar panels, energy efficient appliances, and electric vehicles that we might start seeing this year, including tax rebates of up to $7,500 for new, eligible electric vehicles and up to $3,750 for used ones.

Another bright spot for some consumers: IRA caps the price of insulin for Medicaid recipients at $35 a month. If you need insulin and you’re not on Medicaid, hey, maybe you’ll get some help down the line at some point.