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Compromise On State Tax Bill Talked
Senate and House discussed a compromise on a 100 million tax bill reducing beer levy and raising corporate tax. A conference committee reviewed changes, with talks of raising corporate franchise tax to 2.25 per 1000 and trimming the beer tax from six tenths to four tenths of a cent. Additional items on natural gas taxes faced opposition and possible removal.
MENTIONED IN THIS ARTICLE
C. B. Lloyd JR
Austin
Senate
House
House-Senate
Sens
Ottis Lock
Lutkin
Dorsey Hardeman
San Angelo
Searcy Bracewell
Houston
Grady Hazlewood
Amarillo
Carlos Ashley
Liane
Stanton Stone
Freeport
W. G. Kirklin
Odessa
James W. Yancy Jr
E. F. Crim
Henderson
Ben Glasing
Kingsville
House Appropriations Committee
D. B. Hardeman
General Land Office
Supreme Court
Court of Criminal Appeals