California Senate panel backs $1 billion tax break bill
The bill SB34 by Sen. Dennis E. Carpenter would adjust tax brackets for inflation, shielding Californians from higher income taxes as wages rise. The plan would cost about 1.0 billion to state coffers over 1975 76 and the following year, drawing opposition from Finance Dept. officials and Sen. John Dunlap who urged broader tax relief.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Carpenter
Cliff Allensby
Brown
Finance Department
John Dunlap
D-Napa
Cal utilities to receive fair oil share in embargo
Standard Oil of California said Southern California Edison and Pacific Gas and Electric would receive their fair share of remaining oil in another embargo. Edison would get 59 percent of Saudi oil in the first year of a 10 year deal while PG and E expect one third of next year’s needs from Saudi crude.
MENTIONED IN THIS ARTICLE
Cal Utilities
Los Angeles
UPI
California
Standard Oil of
Southern California Edison and
Pacific Gas & Electric Co
Standard
Edison
Saudi Arabia
Middle East
Indonesia
Pg&e
Richmond
el Segundo
Lompoc
Relaxing Ocean Cruise Packages Promise Escape
Escape the daily hustle with a 7 or 28 day ocean cruise. Sleep late dine in elegance and bask in sun while deck games and new friendships enrich the voyage. Packages offer a lifestyle retreat you can’t refuse.
Gas price posting may become low
A bill to require service stations to post prices to help motorists shop for gasoline advanced in the Senate. SB59 by Sen. George Moscone passed the Business and Professions Committee 5 to 1 and heads to the floor. a companion SB474 would force refiners to sell identical quality gas at the same price to all retail dealers to boost price competition.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Senate
George Moscone
San Francisco
Business and Professions Committee
Finance
Moscone
California
Mondale Bill Seeks Capitol Portrait for Dr King
Senator Walter Mondale introduces a bill to commission a portrait or statue of the late Dr. Martin Luther King Jr. to be placed in the U.S. Capitol, seeking Congressional approval for the memorial.
MENTIONED IN THIS ARTICLE
Washington
UPI
Walter Mondale
D-Minn
Martin Luther King Jr
U.S. Capitol
Governor Brown Disputes McCarthy On California Surplus
Gov Edmund G Brown Jr rejects Assembly Speaker Leo McCarthy forecast that California will exhaust its 500 million budget surplus by June. McCarthy maintains the surplus will vanish due to inflation and federal rule changes on public assistance. Brown cites accountant figures and says an adequate surplus is still possible, while planning an 11.3 billion state budget with a 574 million July 1 surplus and no new general tax increases.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Edmund G. Brown Jr
Assembly
Leo T. McCarthy
McCarthy
Brown
Brown Brown
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Mack
Annapolis, Md
William Mack
United States Naval Academy
Memphis, Tenn
Isaac Hayes
Chancery Court
National Airlines
Travel
China
Vatican
Sistine Chapel
Michelangelo
Oneida
Qioneida
H’ St
Lompoc Plaza
Bankamericard
James R. Mills
D-San Diego
Pearl Bailey
Kennedy Center
Betty Ford
Miss Bailey
Gospel Meeting
Church OF Christ
East College
M. Lynwood Smith
Brookhaven, Miss
Alisal RD
Solvang
Lees
Hie Lompoc
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