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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 02, 1992
Page
9
Iowa lawmakers approve a one cent sales tax increase effective June 1 to raise 273.9 million in fiscal 1993 and 20.8 million in the current year. The measure shifts 20 percent of road use tax to the general fund and expands low income tax relief, with House backed school funding changes for fiscal 1993.
Iowa legislators plan to close the 1992 regular session this weekend with a short menu of remaining items. The main hurdle is finalizing a fiscal 1993 budget, including state employee raises, higher education, and economic development. Governor Branstad backs expanding raises to all workers, while the ethics reform and juvenile justice bills also require agreement.
Streets Commissioner Wayne Murdock signals step down after his seventh term and may pursue Cedar Rapids mayoral duties if Canney resigns. PMX opens a $250 million brass and copper mill at the former Harnischfeger site in southwest Cedar Rapids, projected to hire 500 to 700 at full capacity, aided by Canney and local business leaders. The plant marks North America's largest Korean investment to date.
Fighting rocked Sarajevo and other Bosnian cities as the European Community pressed to end war. At least 13 people were killed as suburbs around Sarajevo erupted in a night battle with tanks, cannons, machine guns, mortars and recoilless rifles.
Rioting struck Los Angeles with Korean Americans among the hardest hit as deliveries halted and banks closed. More than 2,500 blazes were reported while stores, many Korean American owned, faced arson damage. Shoppers queued at Ralphs for food as police and National Guard controlled streets and two officers were wounded. King urged calm amid cleansing efforts and arrests.
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