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Southern Illinoisan in Carbondale, Illinois

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Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jun 18, 1965

Page

8

Compromise Revenue Plan Faces Last-Minute Change

Gov. Otto Kerner prompted a revised form of a proposed revenue amendment drafted by a legislative commission. The plan would allow a state income tax up to 3 percent with a separate referendum, retain Cook County real estate classification, and grant broad legislative power over personal property tax. Kerner urged separating the income tax from other provisions, a stance echoed by Sen. Arrington. critics warned the move could delay passage while commissioners pressed for a unified reform.

Ralph H. Johnson Lindsay-Schaub Springfield Legislative Commission Otto Kerner Cook County Kerner Commission Terrel Clarke Western Springs James P. Loukas Chicago Russell Arrington Senate Arrington Paul Elward Clarke

Branch Bank Bill Defeated in Illinois House

The bi annual measure to legalize countywide branch banking failed 118 to 47 in the Illinois House on Thursday. Backers argued it would spur growth and improve service, while amendments restricted branches and required voter approval.

Lindsay-Schaub Springfield Chicago Richard Daley

Also Mentioned on This Page

Morris Norman J. Beatty Illinois State Chamber of Commerce Illinois General Assembly Beatty Gorm Commission State Chamber Illinois Agricultural Organization Ilinois Educational Association Illinois Retail Merchant~ 4 Societion Illinois Association of School Boards The Site Aflcio Civic Federation of Chicago Peoria Association of Commerce Jackson County Gilmore Asphalt Products, Inc Anna, Illinois Snowman Westinghouse An .E Carbondale Carterville B.T.U
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