Jepsen Leads Fight on Tax Carryover Basis Repeal
Iowa Senator Roger Jepsen led a Senate defeat of the carry-over basis estate tax provision by 81 to 4. He warned the change would devastate Iowa family farmers and small businesses and cited heavy paperwork and loss of inherited family farms as consequences. The repeal bid was co sponsored by Senator Byrd. Kennedy and Carter opposed.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
Iowa
Roger Jepsen
Jepsen
Sen
Harry Byrd
Virginia
Massachusetts
Edward Kennedy
Carter
Teddy Kennedy
Jimmy Carter
Mixed rail interest seen in Iowa under Rock Island plan
Iowa officials reported mix of reactions to a list of 10 railroads showing interest in Rock Island Lines routes in Iowa. Mil waukee Road and Burlington Northern led in route bids while big carriers were not widely drawn in, prompting hopes for new competition and ICC action.
MENTIONED IN THIS ARTICLE
DES Moines
UPI
Iowa
Milwaukee Road
Rock Island
Hawkeye State
Iowa Falls
Estherville
Illinois Central Gulf
Milwaukee, Chicago & North Western
Burlington Northern
Minneapolis-Kansas City
Omaha
Neb
Chicago
Keokuk
State Department of Transportation
ICC
Interstate Commerce Commission
Milwaukee
Transportation
Neil Goldschmidt
Washington
Goldschmidt
Iowa corn harvest 80 percent complete with regional gaps
The Crop and Livestock Reporting Service says Iowa's corn harvest is about 80 percent done, below the normal 92 percent for this time and behind last year. Central district 93 percent, northeast 65 percent. popcorn nearly finished. grain sorghum 96 percent, above normal but below last year.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Iowa
Mount Vernon tightens tow rules for street parking
Mount Vernon city officials voted to enforce a 48 hour removal rule for parked cars on streets. Violators face tickets and towing at their expense. The council rejected alternative side street parking due to signage and cost concerns after a hard winter.
MENTIONED IN THIS ARTICLE
Mount Vernon
City appoints acting police chief and seeks new chief
Mayor Dick Peters announced Acting Police Chief Paul Schwei bert. Applications are open for the chief position until December 1 when Earl Wolvers leaves. A committee of Peters, Mayor-elect Doris Pringle, and Nick Berry will pick a new chief to start January 1.
MENTIONED IN THIS ARTICLE
Dick Peters
Paul Schweibert
Earl Wolvers
Wolvers
Peters
Doris Pringle
Nick Berry
Jean Tompkins
Planning and Zoning Commission
Sharon Hill
Rick
Brown to Campaign in Iowa City Des Moines Tour
California Governor Jerry Brown reversed course and will campaign in Iowa with a stop at the University of Iowa. He plans events in Des Moines, TV and radio interviews, and a visit to Dennis Day’s grain alcohol farm project.
MENTIONED IN THIS ARTICLE
Jerry Brown
Iowa City
Des Moines
California
Iowa
Brown
University of Iowa
Dennis Day
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