Word: exempt
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Dates: during 1980-1989
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...local courts. After lengthy debate, the Justice Department has charged Billie with violating the 1973 Endangered Species Act. Although Native Americans have been convicted of trading in eagles, no court has ever decided whether Indians, whose hunting and fishing treaties with Washington do not mention imperiled animals, are exempt from the act's provisions...
Because the law is directed at residents, not visitors, hotel dining rooms are exempt; restaurant bars and cocktail lounges are also excluded from the ban. "We understand the relationship between alcohol and cigarettes -- we're not out to reform human nature," explains former City Attorney Steven Rood. As for hotels, he notes, "French and Italian movie moguls can't do business without a cigarette in their mouth." Such reasoning does not satisfy restaurant owners. Vito Sasso, proprietor of the romantic Romeo and Juliet, argues that he too has foreign customers, citing one wealthy visitor who orders several $500 bottles...
...will affect only a tiny fraction of overall bilateral trade, they will hurt some Japanese manufacturers. But for the middlemen peddling Japanese microchips to foreign buyers, business will probably go on as usual. Already some American enterprises dependent upon inexpensive Japanese chips are busy looking for legal loopholes to exempt them from the U.S.-Japanese semiconductor agreement signed last year. In the meantime, tensions show no sign of abating. When Yasu calls on his friend Ron at the end of the month, the atmosphere is likely to be cordial but strained...
Financial advisers are divided about whether a postreform IRA makes sense for people who can no longer claim the full $2,000 deduction. Some money managers point out that the same limited tax break can easily be found in a tax-exempt municipal bond. Unlike the IRA, it imposes no penalties for early withdrawal. But some workers, at least, are still happy with the prospect of a stripped-down IRA. Richard Brody, 57, a New York City-based department-store buyer, plans to contribute to his retirement account next year even though he will be entitled to no tax deduction...
...laboratory -- and besides, it would be good to have an R. and D. program as a hedge against what the other side might do. The U.S. military, meanwhile, was conducting secret experiments with ground-based lasers, and the Joint Chiefs of Staff insisted that this program be exempt from any ban on development and testing. So in August 1971 the U.S. negotiating team proposed a ban on developing and testing "systems based on other physical principles." The only exception was for fixed, land-based systems...