Non-profit groups back bill to expand tax exemption
Spokesmen from religious and civic groups testified at a Kansas Senate hearing in support of extending property tax relief to buildings used for commercial purposes by non profits. Critics argued exemptions should stay limited to charitable use and warned of abuse. no action was taken, with more testimony planned next week.
MENTIONED IN THIS ARTICLE
Topeka, Kan
Senate
Senate Assessment and Taxation Committee
Fred Kerr
R-Pratt
Joan Wagnon
Weaver
Salvation Army
Olathe
Kansas
USDA Faces Hard Cuts Under Gramm-Rudman Plan
Washington AP reports that 1986 farm programs would bear a 4.3 percent Gramm-Rudman reduction as Reagan missions cut USDA spending by 11.7 billion. Proposals include a uniform 4.3 percent discount on farmer payments, affecting price support loans and deficiency payments, with CCC operations bearing about 823 million. Workforce reductions across USDA total about 9,000, shrinking staff from 108,750 to 98,500, notably hits to Soil Conservation Service and Forest Service while some units retain current staffing.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Reagan
Congress
USDA
Capitol Hill
Commodity Credit Corp
CCC
Dewhurst
Gramm-Rudman
Soil Conservation Service
Department
Forest Service
Farmers Home Administration
Food Safety and Inspection Service
Animal and Plant Health Inspection Service
Extension Service
Secretary of Agriculture
KCC approves Bell plan shift to positive selection
Southwestern Bell asked the Kansas Corporation Commission to modify its earlier negative response marketing of a new home maintenance plan. The commission approved a shift to an opt in system with 90 cents monthly fee for those who enroll, while others face hourly repair charges. The change aims to hold local rate costs and align with FCC revenue policies.
MENTIONED IN THIS ARTICLE
Peka
Kan
Kansas Corporation Commission
Southwestern Bell Telephone Co
KCC
Michael Lennon
Lennon
Commission
Bell
Bell Telephone System
Southwestern Bell
ECC
Federal Communications Commission
FCC
Brighter oil outlook sparks US economic optimism
Economists say falling oil prices ease inflation and fuel growth, calling the shift a roughly $10 billion gift to the U.S. economy in 1986. Cheaper crude lowers imports, boosts consumer purchasing power, and allows the Fed to ease credit while lawmakers worry about oil industry and lending adjustments. Savings from imports may exceed $10 billion as prices stay low, with analysts revising forecasts accordingly.
MENTIONED IN THIS ARTICLE
New York
United States
John Hagens
Chase Econometrics Inc
Bala Cynwyd, Pa
North Sea
Organization of Petroleum Exporting Countries
Robert Lawrence
Brookings Institution
Washington, D.C
Hagens
U.S
Data Resources Inc
Lexington
Mass
Data Resources
Chase Econometrics
Federal Reserve
Fed
Wayne Nordberg
Prescott Ball & Turben Inc
Mexico
Brazil
Also Mentioned on This Page
Ymcas
Ywcas
Wagnon
Topeka Ywca
Stephen B. Dewhurst
Knights OF Columbus
Lawrence
Wendell V. Arndt
Kansas Specialty Board
Dr. Burks
South Main
Ottawa
Olathe Office
The
American Cancer Society
Sutton
S. Main
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