Manned Station to Be Launched in Orbit in 1972
Space Center Houston reports America will launch its first manned earth orbiting space station in 1972 to study the sun and stars from a telescope mounted on an unfueled third stage. An unmanned workshop will precede a 28 day three man crew mission with longer stays planned into 1972 and 1973 if funding remains. The Ocean of Storms is eyed as the site for the next lunar landing with possible rover exploration and multiple crews in coming years.
MENTIONED IN THIS ARTICLE
Space Center
Houston
Amercia
Space Agency
ENASA
Moon
Earth
NASA
Saidi
America
Samuel C. Phillips
Charles Conrad
Richard F. Gordon
Alan L. Bean
Conrad
Bean
Neil A. Armstrong
Edwin K. Aldrin
Public utilities tax tweak advances despite fee concerns
California Assembly panel approved a measure to tax publicly owned electric utilities at 14 percent of gross income, aiming to raise about 53 million dollars for schools, cities, counties, and the state. Critics warned it shifts costs to residents while proponents cite tax equity and revenue needs.
MENTIONED IN THIS ARTICLE
California
Long Beach
Palo Alto
Coalinga
James A. Hayes
Signal Hill
Lakewood
Avalon
Bagley
Hayes
Los Angeles Dept. of Water and Power
State General Fund
Fare Boost Granted for Cal Travel
The Public Utilities Commission approved fare increases across rail bus and air travel in California effective August 1. Rail fares rise Bay Area to Los Angeles from 13.15 to 14.17, Los Angeles to Sacramento from 13.15 to 14.47, and other routes. Air and bus fares also climb. Greyhound gains interim raises as hearings continue.
MENTIONED IN THIS ARTICLE
San Francisco
Public Utilities Commission
Bay Area
Los Angeles
Sacramento
State Finance Chief Warns Of Another Prop 9 Threat
State Finance Director Caspar Weinberger warned that if the Legislature does not enact major tax reform this session, taxpayers could face another Proposition 9 as a result. He said an additional 18 to 322 million for education may be available in October, and noted the 1969-70 budget already allocates 120 million for educational aid. He urged reform to guarantee a residential tax reduction. He criticized other proposals for raising taxes and promoted Reagan’s plan to shift the burden toward taxes tied to ability to pay.
MENTIONED IN THIS ARTICLE
Caspar W. Weinberger
Weinberger
Los Angeles
Philip E. Watson
Assembly
Bill to abolish estate tax appraisers advances
California Assembly Ways and Means Committee approves a bill to end inheritance tax appraisers. It transfers duties to the estate executor or state controller, aiming to simplify tax administration and save about 3.6 million dollars in fees the first year. Houston I. Flournoy backs the measure as reform.
MENTIONED IN THIS ARTICLE
Sacramento
Assembly Ways and Means Committee
California
William T. Bagley
T-San Anselmo
Full Assembly
State Controller
Houston I. Flournoy
State fund reserve esti mate and borrowing safeguard
A government official notes that the general fund reserve helps the state avoid borrowing when revenues fall short during lean periods. The estimate discussed would need to exclude a $194 million item.
MENTIONED IN THIS ARTICLE
General Fund
Flourroy
Weinberger cites $260 million funding cap for current year
Weinberger indicated the sum could reach as high as 260 million dollars, but most of the funds are already earmarked for expenditures during this fiscal year.
MENTIONED IN THIS ARTICLE
Weinberger
Also Mentioned on This Page
Assembly Revenue and Taxation Committee
R-San Anselmo
Ways and Means Committee
Bud Carpenter
League of California
Howard P.” Allen
Southern California Edison Co
Williiles
Cal. Travel
Southern Pacific
Northern
Southern California
Los Angeles-Dakersfield
Greyhound
Judge Plan Dead
UPS
Ronald Reagan
Donald L. Grunsky
Watsonville
Constitution
Ways and Means
Senate
Houston Flournoy
Bill
Alan Post
Flowney
Beach
Pine Ave
Ci Ua
Gibson
Drafifree
Desa Educed
Eemas Roa Oo
Florsheim
Florsheim Shoe Shops
Pine
Long Beath
Hazelbrook
Lakewaud Center
Ameriaard
Matter Charge
del Bunch Corporation
Distaver
Cire Age Dad Stirrer Corporation
CXS M
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