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CEMA
There's no more sales tax exemption on safety equipment. We reported on this when it passed but there's nothing marketers actually need to do since the tax will be applied automatically by suppliers on purchases of these products. Also gone is the $250 business entity tax.
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Too few fuel dealers can confidently define this critical metric. Knowing your Customer Acquisition Cost can be the difference between your business expanding or stagnating in the new year. Find out how you can reduce your business' CAC and create more profitable growth in 2020.
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CEMA
The federal Oil Spill Liability Tax (OSLT) that expired on December 31, 2018 has been reauthorized prospectively (not retroactively) beginning January 1, 2020. Refiners are the only parties in the petroleum distribution chain liable for the OSLT. The OSLT rate is $0.09 per barrel of crude oil.
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CEMA
From PMAA
On Thursday of last week, PMAA received the following update on the Federal Motor Carrier Safety Administration (FMSCA) driver drug and alcohol Clearinghouse online portal:
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CEMA
This year the Eastern Energy Expo will be held right here in Connecticut, May 17-20, at the Mohegan Sun Casino. Unlike in recent years, the tradeshow will all be under one roof – all exhibits, trucks and food court – in the new Mohegan Sun 120,000 sq. ft. convention center.
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CEMA
From PMAA
Last week, the FDA's Final Guidance titled "Electronic Nicotine Delivery Systems (ENDS) and Other Deemed Products on the Market Without Premarket Authorization" was published in the Federal Register. The Final Guidance bans the sale of most flavored cartridge-based e-cigarettes other than tobacco and menthol flavoring, meaning that stores must remove these items from their shelves by February 6.
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CEMA
From PMAA
The U.S. Food and Drug Administration (FDA) announced this month that the T21 law is effective immediately, meaning it is now illegal for stores to sell tobacco products, including cigarettes and e-cigarettes, to anyone under the age of 21.
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CEMA
The numbers are in for 2019. Monthly HDDs are shown below for each month of 2019, with totals for the 20-year average and for 2018 also shown. 2019 was warmer than normal by 162 degree days, but was actually slightly cooler than the year before, by just 14 HDDs.
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CEMA
Last month, CEMA recognized three outstanding members for the service to the industry. Peter Russell, President of Santa Fuel (Bridgeport) was given the Marketer of the Year award for his leadership as the outgoing Chairman of the Board of Directors.
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CEMA
Returning in April are NEFI's L.E.A.D. Management Development Program with Quinnipiac University and Energy Leaders Program at Dartmouth College. The L.E.A.D. Management Development Program offers self-paced coursework online and on campus to help sharpen managers' goal setting, team building, communications and other key skills.
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CEMA
From Federated
A Top Ten List You Can't Ignore (OSHA Top Ten): Tuesday, January 21, 2020, 1:00 p.m. CT
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CEMA
From Indoor Comfort Marketing
Ted Harris has been elected as Executive Vice President of the Pennsylvania Petroleum Association. Harris replaces John Kulik, who is now the association's Executive Vice President Emeritus. In an announcement about the change, the PPA said Kulik will now serve as the group's lobbyist in the state capitol of Harrisburg as well as in Washington, D.C.
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WTIC - FM
Electricity generation rates charged by Connecticut's two largest electric utilities are increasing for the first half of 2020. Rates for Eversource customers are climbing 15.8% and rates for United Illuminating customers are climbing 26.4% starting on January 1. The average customer using 750 kilowatt hours a month will pay $9.65 and $16.55 more per month with Eversource and UI respectively.
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The Hartford Courant
The state transportation department would have the power to raise toll rates, starting in 2024, based on a working draft of a truck-only tolls bill that lawmakers plan to vote on soon. That provision could prove to be controversial as anti-toll advocates say that legislators — not unelected officials — should be the ones to raise toll rates in the future.
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The Middletown Press
Pushed by neighboring states to do so, the Connecticut legislature will look again to legalize recreational marijuana this year despite advocates suggesting last spring the issue could not pass in 2020. The conversation now has shifted, said Senate President Pro-Tem Martin Looney and House Speaker Joe Aresimowicz, from “if” the state should legalize the drug to what it should look like when it inevitably does.
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The CT Mirror
Gov. Ned Lamont recently said that he believes his administration has resolved all issues raised by Senate Democrats last week as a condition of their support for a 10-year, $19 billion transportation spending plan that would require tolls for tractor trailers on a dozen highway bridges in Connecticut.
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The CT Mirror
The gas tax is at the core of the argument about whether to bring tolls back to Connecticut highways. But this story is not about tolls – it’s about the tax, its nexus with climate change, and what that means for the state. At least one part of the story is fairly straightforward. Because of climate change, experts predict, the gas tax will eventually disappear. That’s it.
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The CT Mirror
Many Connecticut taxpayers are upset over the Democratic attempt to place tolls on our highways and bridges but are unaware of a back door tax that could increase gasoline prices by 50 cents a gallon or more. This plan is being initiated by an unelected panel populated by bureaucrats making six-figure salaries. They are promising to use this money to promote electric cars, buses and sustainable activities like bicycles and walking.
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