Oral Arguments Held In Wal-Mart Bill Case
By:
Updated: April 17, 2007
The legislation approved by the Maryland Legislature earlier this year required large companies like Wal-Mart to spend a portion of its payroll on health insurance for employees.
Wal-Mart is Maryland`s largest employer and the only company impacted by the law.
The appeal, argued today before a three judge panel in Richmond, Virginia, was initiated by the state of Maryland after the United States District Court in Baltimore invalidated Maryland`s mandated health benefit statute in a decision issued on July 19. The Court determined that the Maryland state law was preempted by a federal law known as the Employee Retirement Income Security Act (ERISA).
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