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Odessa American in Odessa, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Nov 06, 1981

Page

3

Senate approves energy and water funding bill in 71-22 vote

The Senate backed a $12.7 billion energy and water spending package with 71 votes to 22. It exceeds Reagan’s budget by about $630 million, though it is $430 million under the House version. A House-Senate conference will reconcile differences as Reagan vows vetoes on over-budget bills.

Tombaum Associated Press Washington Senate Reagan House House-Senate John Tower Texas Energy Department Congress

Bill to drop tax on rents to relatives gains panel backing

A House Ways and Means subcommittee endorsed repeal of the family rental tax allowing full deductions for maintaining and depreciating property even when rents to relatives are below market. The measure, backed by the Reagan administration, moves to the full committee for consideration.

Associated Press Washington House Ways and Means Subcommittee Senate Full Internal Revenue Service Congress IRS John E. Chapoton the Treasury Reagan Administration Treasury Department

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