The week started out marking the two-year anniversary of the coronavirus pandemic and ended looking forward to a legislative spring break.
Only seven legislative days remain in 2022 regular session. When the Legislature returns Tuesday, March 29, from its spring break, several tax cuts, including eliminating the minimum business privilege tax, have a good chance of passing.
On the front burner will be the state’s budget. This week, the General Fund went to conference committee to iron out differences between the House and Senate versions. Two lottery proposals are now in play in the final days of the session.
The House approved legislation modeled after the federal INFORM measure and its Senate companion cleared committee. Both seek to limit resale opportunities for stolen products online.
Keep reading for summaries of these and other issues of interest to retailers, plus this week’s top retail stories. Expect your next Retail Report on Friday, April 1. Nominations are now open for Retailers of the Year and Centennial Retailers.
For legislative and other news of relevance to retailers,
read This Week in Retail News.
THIS WEEK IN RETAIL NEWS
Record $2.7B General Fund budget in conference committee (aldailynews.com)
Senate panel OKs pharmacists prescribing vaccines/immunizations (alabamaretail.org)
PANDEMIC: Looking back, COVID pandemic closed down businesses, schools and sports and brought a sea change for health care (birminghamwatch.org)
Bills to regulate telehealth pending in Senate, House (aldailynews.com)
ECONOMY: Fed begins inflation fight with key rate hike, more to come (apnews.com) | National retail sales to grow between 6% and 8% in 2022 (nrf.com)
ALCOHOL: Huntsville/Montgomery entertainment district expansion on governor’s desk; Fate of Lineville and Jackson draft beer rests with governor; and university alcohol production heads to the Senate (alabamaretail.org)
Optic nerves: How a fight over eye care consumed the Alabama Senate (montgomeryadvertiser.com)
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