Oklahoma Cuts Vending Machine Fee In Half

Oklahoma Governor Mary Fallin signed a bill Monday that cuts in half the cost of state-issued decals for coin-operated vending machines and amusement devices from $150 to $75, effective July 1, according to The Republic in Columbus, Ind.

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Editor's Insight: The tripling of the vending decal fee in Oklahoma offers a case study why higher fees for vending machines don't produce the intended financial results. This site reported earlier this year that Oklahoma vending and beverage associations projected a 30 percent reduction of machines in the market and instead of generating the estimated $8.5 million, the fee created a projected loss of $6.5 million to the state. 04-19-11 Elliot Maras