New Mexico bill would allow deduction of federal taxes
Rep. Colin R. McMillan proposes a state income tax deduction of up to 2500 for federal tax payments, with an estimated 30 million annual saving. The measure has about 40 House sponsors from both parties and would apply to 1978 if approved and signed. The bill heads to the House Taxation and Revenue Committee for study.
MENTIONED IN THIS ARTICLE
Paul Sturial
Santa FE
New Mexico
Colin R. McMillan
Rep
McMillan
R-Chaves- DeBaca
Roswell
The
Daily Record
House
Phelps Anderson
Paul J. Kelly Jr
R-Chaves
Jerry Apodaca
House Taxation and Revenue Committee
Tax relief bill aims at middle income taxpayers
Rep McMillan explains that federal tax is nondeductible for state tax, creating relief for middle income earners. He expects broad House backing, noting the bill previously passed the House two years ago but died before adjournment.
MENTIONED IN THIS ARTICLE
McMillan
Torrijos backs amendment to Panama Canal treaties
Gen. Omar Torrijos told Senate Foreign Relations Committee members including Sen. John Sparkman he has no objection to amending the treaties to include a joint statement with President Carter clarifying U.S. rights to defend and use the canal after 2000. The plebiscite approved the treaties 2 to 1, and some senators said ratification could hinge on incorporating the amendment.
MENTIONED IN THIS ARTICLE
Panama City
Panama
Omar Torrijos
Senate Foreign Relations Committee
John Sparkman
D-Ala
Carter
U.S
Torrijos
Washington
United States
Robert Byrd
D-W. Va
Howard Baker
R-Tenn
Senate
Charles H. Percy
R-Ill
Jacob K. Javits
R-N.y
Sparkman
Congress
Senate House
White House
New Mexico Insulation Tax Credit Bill Reintroduced
State Sen. R E Thompson of Roswell introduced a bill to grant a personal income tax credit for insulating existing homes. The credit equals half of installation costs up to 1000 dollars per year, retroactive to 1977, with money from the severance tax fund backing refunds.
MENTIONED IN THIS ARTICLE
Jack Swickard
Daily Record
Sante FE
New Mexico
Senate
R.E. Thompson
Dchaves
Roswell
Senate Finance Committee
Sen. Thompson
Thompson
Lawrence Goodell
Daddy Chaves
Artesia
House
Criminal Justice Study Committee
Berrendo Co op Delays OK on Bids for Water Project
Berrendo Cooperative Water Users Associated opened sealed bids for a water system extension in the Federal Building. Six firms submitted bids divided into four schedules totaling far above the available funds. engineers will review to identify nonessential items for a reduced plan.
MENTIONED IN THIS ARTICLE
Berrendo
Dan Hogan
Berrendo Cooperative Water Users Associated Inc
Federal Building
Raymond Dennis
Socorro
Dennis Engineering Co
McCormack Construction Co
el Paso
Texas
Panhandle Construction Co
Lubbock
Kent Nolan Construction Co
Albuquerque
Mackleroy Brothers Inc
Pittsburg Desmoine Steel Co
Eee
Colo
Chicago Bridge and Iron Co
Houston
Dennis
Roswell Murder Suspect Arrested in Oklahoma
Police say Donald Stephens 25 of Roswell was captured in Oklahoma City on charges of receiving and concealing stolen property in the Daley murder case. He identified himself with false names during questioning, with fingerprints tying him to Roswell. Extradition proceedings have begun as authorities decide whether to waive.
MENTIONED IN THIS ARTICLE
Mike Kardos
George Daley
Roswell
Oklahoma
Donald Stephens
Daley
Stephens
Richard Darrel
Ricky” Stephens
Bethany
Okla
Oklahoma City
Carter County
Bob Kelly
The
Daily Record Today
Jim Woldofsky
Lansing
Mich
Kelly
Kelty
Michigan
Lawmakers clash over party labels during joint Santa Fe session
In a joint session of New Mexico's House and Senate, Lt. Gov. Robert Ferguson presided as talks touched party labels. Rep. Hoyt Pattison pressed Ferguson about Democratic events the night before, prompting Ferguson to joke about two parties.
MENTIONED IN THIS ARTICLE
Record Capitol Bureau
Santa FE
New Mexico House of Representatives
House
Senate
State Senate
U.S
Harrison
Jack’ Schmitt
Rn.m
Robert Ferguson
Hoyt Pattison
Ferguson
Pattison
Clovis
Jerry Apodaca
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Bill
Canal
Schmitt
Harrison Schmitt
Sen
R-N.m
Jack Swickard Photo
State General Fund
O’cheskey
Fred O’cheskey
U.S. Courthouse
Demos
International