Maryland Senate seeks control over Wal-Mart

The Maryland Senate voted to override the governor’s veto of the “Wal-Mart Bill” (Financial News – Yahoo! Finance), so called because it applies only to one company in the state – Wal-Mart. The bill mandates that Wal-Mart pay at least 8% of its payroll on health care for employees (or pay the state the difference), regardless of whether Wal-Mart can obtain health coverage for less.

Regulation of Wal-Mart’s health care payments will be overseen by Gosplan.