Word: exempt
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Dates: during 1970-1979
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...Francis M. Pipkin, the new associate dean of the Faculty for Harvard and Radcliffe Colleges, was not in violation of the affirmative-action plan because while Pipkin's deanship is primarily administrative, he remains a professor of Physics as well and his new job is teaching-related and therefore exempt from the direct hiring...
...sports provisions were not the only part of the proposed rules to draw fire. The exclusion of certain schools from the new regulations also came in for criticism. Not only are the service academies totally exempt, but in the admissions area so are preschools, elementary and nonvocational secondary schools, and public colleges that have historically been all-male or all-female. The greatest disappointment to many feminists was the failure of HEW to ban sex stereotyping in textbooks and other curricular material. The department was aware of the problem but claimed that "any specific regulatory provision would raise grave constitutional...
...Exempt Loans. As recently as mid-February, the New York State Urban Development Corporation sold an issue of short-term notes for a 4.74% interest rate. Last week it tried to market $100 million in similar notes to get funds for construction of low-and middle-income housing-and discovered that it would have to pay 8% or more to sell them. That is all the more astounding considering that interest on these loans is exempt from federal income taxes. For a lender who is in the 50% income-tax bracket, an 8% yield on a tax-exempt note...
...Circuit Court of Appeals held that the Virginia state bar association, as a quasi-official body, is immune from such suits. The court also endorsed two other defenses: that local lawyers making title searches do not sufficiently affect interstate commerce and that the law and other "learned professions" are exempt from antitrust regulation. The Oregon bar will rely on similar defenses. Justice lawyers are undeterred. "We simply believe the Fourth Circuit is wrong," says Bruce Wilson. "So it's clear that we have to have a definitive U.S. Supreme Court resolution of this question...
...distinctions between the two groups are based on the federal criteria for employees who are either exempt or non-exempt from payment for over-time work. Officers of the University will not receive money for overtime, but the members of the supporting staff will...