Iowa hearings to probe consumer protection topics in Oct
The attorney general advisory committee on consumer protection will hold public hearings in Des Moines on October 3 and 4 in the Senate Chamber. Topics include truth in lending, auto mobile safety, insurance, and truth in packaging with witnesses possibly subpoenaed. Fraternal groups may come under insurance scrutiny. The budget process is under way with the comptroller reviewing department requests. the 1967 session may consider regulating benevolent organizations. A new banking regulation requires direct verification of deposits, slowing the process. about 150 banks will be contacted this year. The Hampton medical supply depot closure affects 89,000 square feet and shifts equipment to Missouri.
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Des Moines
Attorney General's Advisory Committee On
Senate
Iowa Capitol
State Insurance Department
Comptroller
Marvin Selden, Jr
State Banking Department
Certified Public Accountants
Cpas
John Chrystal
Hampton
Missouri
Vocational funds vote passes in most Iowa areas
Iowa voters approved a three quarters mill levy to fund area vocational schools and community colleges in eight districts. Unofficial tallies show Council Bluffs at 61.5 percent and Creston at 60.12 percent in favor, suggesting a possible 60 percent threshold dispute.
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Calmar
Sheldon
Marshalltown
Waterloo
Davenport
Cedar Rapids
Council Bluffs
Creston
Purdue economist warns tax policy up to lawmakers
Des Moines reports that Purdue economist Dr. James A. Papke told the Tax Study Advisory Committee he will not make tax policy recommendations but will assist in developing guidelines. His seven study areas include income taxes and intergovernmental finances, noting Iowa’s tax system is regressive and relies too heavily on property taxes. He urged shifting toward growth responsive taxes and preparing the Legislature for needed revenue increases.
MENTIONED IN THIS ARTICLE
DES Moines
UPL
Pordue University
James A. Papke
Iowa
Papke
Harold E. Hughes
Hughes
Lye
Murray Attacks Demos on Tax and Spending Policies
Carroll Iowa UP I William G Murray Republican governor candidate decries what he calls rock solid tax and spend policy failures saying wage earners shoulder the burden. He cites Iowa Tax Commission figures showing ten million dollars in state income tax withheld in July and August due to a faulty system and eight million owed by taxpayers.
MENTIONED IN THIS ARTICLE
Murray
Carroll County
Iowa Tax Commission
GOP
ASCS official notes balance boosts farm production outlook
Des Moines UPI Charles Frazier assistant deputy administrator of the Agricultural Stabilization and Conservation Service said the present balance between the supply of wheat feed grains and dairy products and demand will enable farmers to increase production next year. He cited the longest period of growth in U.S. history and a 65 percent rise in net farm income in Iowa from 1960 to 1965 while admitting benefits varied by family groups and regions.
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Des Moines
UPI
Charles Frazier
Agricultural Stabilization and Conservation Service
Frazier
ASCS
Commodity Credit Corporation
U.S
Iowa
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