MuskogeePhoenix.com, Muskogee, OK

Oklahoma News

January 26, 2013

Bill seeks to repeal 'Black Friday' sales ban

— OKLAHOMA CITY (AP) — A state senator from Oklahoma City is introducing a bill that would repeal a 70-year-old state law and allow retailers to have "Black Friday" sales with dramatically reduced prices.

State Sen. David Holt says a 1941 state law requires retailers to sell products for at least 6 percent more than they paid for it. And a 2011 opinion from the state's attorney general confirms the law bars sales of deeply discounted merchandise, even if they are only temporary.

The Oklahoma City Republican says the law is outdated and puts Oklahoma at a competitive disadvantage with neighboring states.

Holt says his bill keeps in place exemptions for the fuel industry and prescription drugs.

 

1
Text Only
Oklahoma News
AP Video
US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming Traditional African Dishes Teach Healthy Eating
Poll

Should a federal judge have the power to strike down Oklahoma's ban on gay marriage?

Yes
No
     View Results
Featured Ads
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Stocks