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Kansas Bill Shields Home Loans and Royals From Windfall Tax
Congress approved a measure shielding Kansas local governments from retroactive bonds rules affecting 300 to 400 million dollars in home mortgage bonds and offering a windfall profits tax credit to royalty owners paying the tax. Senator Bob Dole pushed the fuel alcohol tariff to promote domestic production, while Rep. Dan Glickman warned it could curb supply and hurt gasohol development. Carter's signature awaited.
MENTIONED IN THIS ARTICLE
Bob Fice
Associated Press
Washington
Congress
Kansas
House
Senate
Carter
Dan Glickman
Wichita
Bob Dole
Dole
Glickman
Brazil
Indiana
Birch Bayh
United States
National Alcohol Fuels Commission
Commission