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...December 18 court ruling affirmed the May decision of Leslie Carothers, EPA acting regional administrator, to exempt the $230 million power plant from Clean Air Act standards because it is a non-profit health and educational institution. Harvard requested the federal exemption after the diesel plant received approval from the state under strict operating conditions...

Author: By Thomas H. Howlett, | Title: MATEP Clean Air Exemption Upheld | 1/5/1982 | See Source »

...laundry list of tax reforms that he urged the Administration to make in order to raise the badly needed money. He argued that perhaps $6 billion could be collected simply by eliminating the deductibility of interest on consumer loans, and $3 billion to $4 billion by removing the tax-exempt status now granted to interest payments received by holders of state and local industrial development and revenue bonds. Unlike tax-exempt municipal bonds, which are usually issued to finance such projects as sewer systems and schools, industrial revenue bonds are often sold to help private developers finance urban redevelopment projects...

Author: /time Magazine | Title: Still Stuck in the Slush: The new year will start in recession | 12/28/1981 | See Source »

Pierce has not been an articulate salesman or apologist for the Administration's policies. "He underwhelms us," says one Democratic Congressman. Even the conservative Heritage Foundation faulted Pierce for not effectively promoting tax-exempt urban development zones, a concept he favors, and for seeming to have no creative policies to compensate for the budget cuts. Pierce says that he deliberately has kept a low profile while learning his department. His supporters say that he is now about ready to make his move. For the moment, he gets a slow-learner...

Author: /time Magazine | Title: Reagan's Cabinet: Mixed Grades | 12/14/1981 | See Source »

Cambridge may be able to exempt itself from Proposition 2 1/2 if Gov. Edward J. King signs the city's home rule petition, which was approved by the State Senate yesterday and the House of Representatives last week...

Author: By John F. Baughman, | Title: Senate to Approve 21/2 Exemption Bill | 12/9/1981 | See Source »

During recent council hearings Vellucci had sided with the tenants, allowing the council's conservative Independent faction to pass a policy resolution urging the rent control board to exempt the tenants from the ordinance and to send the proposed amendment to a third and final consideration last night...

Author: By Andrew C. Karp, | Title: Council Defeats Strong Bid For Exemption to Condo Code | 12/8/1981 | See Source »

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