Legislation has been filed to “Black Friday” sales and other low-price retail sales legal in Oklahoma. Under current law, which was enacted in 1941, retailers must sell products for at least 6 percent more than they paid for it. A December 2011 opinion from the state attorney general confirmed that state law bars all “Black Friday” and other low-price sales, even if they are only temporary. Senate Bill 550, by Sen. David Holt, R-Oklahoma City, would change that for all products, except for fuel and prescription drugs.
MICHAEL MCNUTT, CAPITOL BUREAU