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Oklahoma state Capitol briefs for Jan. 26

Oklahoma state Capitol briefs for Jan. 26
Modified: January 25, 2013 at 8:56 pm •  Published: January 26, 2013

Bill would OK ‘Black Friday' sales

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.