Word: exempted
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...courts were the league's last hope. In 1984 U.S.F.L. Commissioner Harry Usher and his owners had filed an antitrust suit. Though major-league baseball has been exempt from antitrust laws ever since a 1922 Supreme Court decision, other pro sports are not. Alleging that the N.F.L. had "willfully acquired and maintained a monopoly," the U.S.F.L. charged the older league with trying to drive it out of business, principally by leaning on the networks to withhold television contracts...
...mischievous schoolchildren. Britain's House of Commons last week struck down a longtime classroom practice: punishment by the cane. The bill abolishing corporal punishment in state-run schools passed by a bare 231 to 230. An earlier version would have retained caning while allowing parents to exempt their children from the practice, but critics charged that the measure would divide students into "beatables" and "unbeatables." Last week's final approval came despite the Education Minister's warning that "the abolition of corporal punishment would send out wrong signals...
...with a new state authority. In return, the children would be guaranteed a full four years at any of the 15 colleges in the state system starting in 2005. For the state, meanwhile, the money would have ballooned in a way that private investments rarely can. "We have tax-exempt status that we can share with our people," explains Michigan Governor James Blanchard. "E.F. Hutton can't do that...
Northwestern has used tax-exempt revenue bonds to finance low-cost, variable- rate tuition loans (8% to 8.25% so far). Many of the loans, which have paid an average $6,000 apiece to about 4,500 borrowers in the plan's three years, are aimed at middle-class parents whose relatively comfortable incomes ($40,000 to $100,000) disqualify their children for conventional forms of need-based aid. In addition, the Massachusetts-based Consortium on Financing Higher Education, whose 30 members include Northwestern, Harvard, Yale and Stanford, provides supplemental $2,000 to $15,000 loans to the same kinds...
...private expressways are another matter. Last week a group of businessmen announced a plan to build a 200-mile, four-lane private toll road that would link the Colorado cities of Fort Collins and Pueblo. Since no Government funds would be used for the project, the road would be exempt from the federal 55-m.p.h. speed limit and would allow cruising at up to 80 m.p.h. Under the terms of an 1883 state law, private investors can, in some cases, gain the power of eminent domain to build a road...