Government

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Alabama independents fighting to exclude prescription revenue from gross receipt calculations

Approximately 530 Alabama independent drug store owners are seeking relief of as much as $5,000 per store per year in business license fees by excluding prescription sales from gross receipts, according to a report published Friday by the Alabama Media Group. State legislation has been introduced to that end, but is opposed by local municipalities looking at stark revenue reductions. "Cities like Montgomery and Mobile claim the hit would be excessive," the report noted. "In Mobile, city officials estimate that computing a store's gross sales by including prescription medicine has brought in an average of $465,000 annually for the past five years." (AL.com)

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Tom Price confirmed as HHS Secretary

Noting that Price will play a key role in selecting the next commissioner for the Food and Drug Administration, the Consumer Healthcare Products Associaton offered several qualities that would embody an ideal candidate.