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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
May 15, 1973
Page
2
Charles J. DiBona, Nixon energy adviser, says fuel rationing is unlikely even as he warns of energy shortages. He cites eight new refineries planned and urges calm while outlining tougher exploration in harsh environments. The remarks came during a three day conference with geologists.
Legislation trimming the SB 90 finance provisions and targeting school funding was approved in Sacramento. Assemblyman Joe Gonsalves backs AB1267 to remove a tax override flexibility for Long Beach Unified, while AB339 by William Bagley fails. The Long Beach amendment may shift to Lagomarsino’s Senate bill for Wednesday hearings.
Gov. Reagan defends a proposed ballot measure to limit state taxes and spending as common sense while Assembly Speaker Moretti denounces it as a threat to representative democracy. The plan would set a declining constitutional cap, aiming to cut the overall tax burden by about 20 percent over 15 years, with a Nov. 6 statewide vote possible if enough signatures are gathered.
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