Senate clears bill on banking and credit
The Republican Senate approved a package to raise credit card charges and expand bank lending, with Assembly Democrats undecided. Gov. Carey urged looser controls to keep banks from relocating. The plan would allow annual fees, higher interest on balances, adjustable rate mortgages, and continued fixed mortgages but less favored.
MENTIONED IN THIS ARTICLE
Ists
Assembly
Senate
Hugh Carey
New York
MasterCard
Visa
Gas line blast in Bronx kills infant during repaving work
A midday gas line explosion in a Bronx dry cleaning shop killed an infant in a carriage and injured 12 others. Consolidated Edison blamed the blast on grossly negligent procedures by a city contracting firm repaving a street, as a two-alarm fire burned for 90 minutes and spread to a neighboring building.
MENTIONED IN THIS ARTICLE
Page Ab
New York
UPI
Consolidated Edison
Bronx
Con Ed
Assembly OKs worm bill for Albany youth sales tax
The New York Assembly approved a bill allowing youngsters under 16 to sell up to 600 dollars of merchandise yearly without filing returns or paying sales tax. The bill centers on Jody Gerard whose tax case drew national attention after the Department of Taxation and Finance billed him 3.02 dollars. Governor Hugh L. Carey is expected to sign the measure.
MENTIONED IN THIS ARTICLE
Albany Bureau
Albany
Jody Gerard
State
Jody
Department of Taxation and Finance
Hugh L. Carey
Carey gets OSHA bills in New York Senate action
Albany reports the New York Senate advanced two measures to extend federal OSHA rules to 900,000 public employees. One bill would fund 100 percent of mandated construction, the other 75 percent, with school districts exempt if compliant. A third bill imposes 75 percent reimbursement in a tight budget, while a 100 percent funding bill faces Assembly approval. The move aims to cut future workers’ comp costs. The Senate also moved to require employers to inform workers about hazardous product risks, while toxic waste disposal bills faced Senate resistance.
MENTIONED IN THIS ARTICLE
Albany
UPI
Senate
Hugh Carey
State Education Department
John Flynn
R-Yonkers
Assembly
Norman Levy
R-Merrick
OSHA
Flynn
Power prospects bright for Albany electric utilities
The Public Service Commission staff says Albany area utilities enter summer well prepared to meet expected peak electricity demand. The report notes improved supply capability over last year and only a modest rise in peak usage anticipated in the coming months.
MENTIONED IN THIS ARTICLE
Albany
UPI
Public Service Commission
PSC
Proposes 106-Mile light rail from Niagara Falls to Salamanca
Buffalo AP reports SUNY professor Dean Harold L. Cohen proposes a 106 mile light rail corridor from Niagara Falls to Salamanca. The line would run along existing railroad routes for much of its length and be developed as a transit system.
MENTIONED IN THIS ARTICLE
Buffalo
Niagara Falls
Salamanca
State University of New York
Harold L. Cohen
Buffalo appoints first women firefighters after court order
Five women joined the Buffalo fire department as part of a federal court order expanding the force. Of 30 firefighters named, these hires marked a historic step for gender inclusion in the city’s firefighting ranks.
MENTIONED IN THIS ARTICLE
Buffalo
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Awe
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PATH
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Assembly OK
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Fayetteville
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Olympu
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