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Southern Illinoisan in Carbondale, Illinois

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Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jan 31, 1982

Page

19

Tax break on machinery purchases drains state revenue

Gov Thompson faces a growing fiscal gap as October revenue loss from business sales tax relief reaches 24.1 million, up from September. Administration debates curb options, stricten exemptions, and possible postponement of Jan 1 1983 exemption increase while monitoring installment-buying effects and audit findings.

Department of Revenue Administration Treasury General Assembly Thompson Ers Robert Mandeville Bureau of the Budget Mandeville Treasury

Special interests says hands off on school mandates

State leaders face a tug of war over special education rules as the State Board of Education reviews mandates aimed at local districts. Advocates warn against laxing protections while opponents urge local control to cut red tape and save scarce funds.

Don Levener Springfield Donald G. Gill State Board of Education Walter Freeman Land of Lincoln The United Cerebral Palsy Oscar Weil Illinois Federation of Teachers Decatur State Board Gill Thompson General Assembly Congress William Clarida Herrin Elaine Hoff Illinois Association For Retarded Citizens Illinois Becky Kirk

Murphysboro bank seeks to join holding company

Murphysboro First Bank and Trust Co. seeks a charter to join a bank holding company owning 80 percent of the bank. President Marvin Boyer says the move would diversify operations and enable newer services, with a four month Fed approval window. He hints at automated tellers and banking by phone or TV, while stressing capital adequacy and community service.

Murphysboro Bank H.B. Koplowitz Southern Illinois First Bank and Trust Co Murphysboro Marvin Boyer Savings and Loans Boyer Anl Illinois Illinois Supreme Court Federal Reserve Board St. Louis

Also Mentioned on This Page

Mike Lawrence Springfield Illinois James R. Thompson Special Interests G. Howard Thompson the Kroger CO JFEM Sai Kroger D.approrc Sousda U.S.D.A Jusda REESE Jackson Golden Goose Sheriff’s Vehicles S. 10Th St
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