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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Jan 19, 1980
Page
2
Kansas lawmakers weigh temporary or permanent removal of the 11 percent real estate usury cap as lenders warn rates and housing costs rise. Testimony cites Fed rate hikes and inflation squeezing lending, with 30k direct housing industry workers and 20k subcontractors affected.
The first week of the 1980 sessions ended with a short House session to introduce bills while the Senate adjourned for a long weekend. Both houses recessed until Monday as lawmakers stayed in Topeka to work. The House Energy and Natural Resources Committee heard gasohol proposals with debates on crash programs, technology limits, and morality of using foodstuffs for fuel. The House also received a bill funding the state court system for the next fiscal year at 26.28 million dollars, including 2.12 million for appointed lawyers. Governor Carlin challenged sales tax plans on gasoline, while Rep. Weaver's five percent tax proposal drew Democratic criticism as tax-raiser, with arguments about highway funding and shifting school tax burdens.
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