DENVER (CBS4)– Colorado’s new minimum wage law is in effect for 2018.

The minimum wage has increased from $9.30 to $10.20. Voters approved the increase last year.

money Minimum Wage Increases Across Colorado

(credit: Thinkstock)

The minimum wage will continue to increase 90 cents each year until the cap of $12 in 2020.

After that, the minimum wage will be adjusted base

d on cost of living increases.

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