Single Store Owner

AUG-SEP 2016

Issue link:

Contents of this Issue


Page 9 of 53

LEGISLATIVE Roundup 10 / Convenience Store News for the Single Store Owner / AUGUST/SEPTEMBER 2016 National State & Local $23,660 to $47,476. The Overtime Reform and Enhancement Act introduced by the legislators would incrementally phase in the new threshold of $47,476 over the next three years, beginning with a 50-percent increase this December. Each year following, the salary threshold would be raised by $74 per week until Dec. 1, 2019, when it reaches the DOL's proposed $47,476 threshold. The Second U.S. Circuit Co The Second U.S. Circuit Court of Appeals in New York threw of Appeals in New York threw out the $7.25-billion antitrust set the $7.25-billion antitrust settle- ment among Visa Inc., Mas- terCard Inc. and millions of retailers over credit card fees. In the move, the federal fees. In the move, the federal appeals court said some of the retaile court said some of the retailers were inadequately represented in the inadequately represented in the litigation. litigation. inadequately represented in the litigation. It also decertified the case as a class action. The court's decision overturns the July 2012 agreement that settled claims that the credit card companies overcharged merchants on interchange fees, also known as swipe fees. As many as five lawsuits have been filed against the U.S. Food and Drug Administration (FDA) regarding provisions included in its final deeming rule, which goes into effect Aug. 8. The deeming rule expands the agency's authority to regulate all tobacco products, including electronic cigarettes, cigars, hookah tobacco, pipe tobacco and more. One of the most debated provisions is the Feb. 15, 2007 grandfather date for all newly deemed prod- ucts. Federal District Court Judge Amy Berman Jackson set an Aug. 16 deadline for the FDA to respond to the lawsuits, and scheduled a hearing for Oct. 19. Retailers may get a slight reprieve from the new federal overtime rule that's set to go into effect Dec. 1. U.S. Reps. Kurt Schrader (D-Oregon), Jim Cooper (D-Tennessee), Henry Cuellar (D-Texas) and Collin Peterson (D-Minnesota) introduced legislation that would initiate a three-year phase- in of the Department of Labor's (DOL) new overtime rule, which raises the threshold for em- ployees who are exempt from overtime pay from ALABAMA Alabama is one of six states that does not participate in lottery, but that could soon change. Gov. Robert Bentley called for a special session of the state legislature on Aug. 15 to explore let- ting voters decide on a statewide lottery. Revenue would help close gaps in the general budget. If passed, the lottery is expected to generate $225 million in revenue per year. CALIFORNIA Golden State Attorney General Kamala Harris wants to know why gas prices are higher in California than in many other areas of the country. She subpoenaed refiners Chevron Corp., Exxon Mobil Corp., Valero Energy Corp. and Tesoro Corp. to find out. Of particular question is why a state that drills for its own oil and pro- cesses crude in refineries within its borders pays such a high rate for gasoline at the pump. On June 30, AAA put the average price for a gallon of gas in California at $2.90, 71 cents per gallon above the national average. MASSACHUSETTS In a letter to the Massachusetts House of Representatives, convenience store retailer Cumberland Farms Inc. urged members to adopt "clear and unambiguous members to adopt "clear and unambiguous" tobacco regulations. The letter was signed by more than 1,000 managers and store employees of the c-store chain. The clarification request comes as state legislators consider increasing the minimum age to buy tobacco products to 21. The state Senate already approved the move. In addition, several local municipalities have already passed similar legislation, while others still have the minimum purchasing age at 18. PENNSYLVANIA The Pennsylvania State Supreme Court dismissed a lawsuit brought forth by distributors seeking to overturn a license for carryout beer sales. With this ruling, convenience stores and gas stations in the state no longer have to worry about any legisla- tion preventing them from selling beer where gas stations selling liquid fuels are present. Distributors unsuccessfully tried to argue that the state's liquor laws prevent beer from being sold at such locations.

Articles in this issue

Archives of this issue

view archives of Single Store Owner - AUG-SEP 2016