Word: exemption
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Dates: during 1980-1989
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...quiet scandal, uncovered by the Washington newspaper Roll Call, exists because Congress may constitutionally exempt itself from compliance with its own laws. As a result, congressional employees are not covered by fair-labor laws and civil rights legislation. Thus workers in the folding room do not receive any pay for the overtime hours they spend stuffing envelopes with legislators' free mailings...
State Rep. Saundra M. Graham (D.-Cambridge) yesterday introduced a bill in the Massachusetts House that would bar Massachusetts universities with South African-related investments from issuing tax-exempt bonds...
Proponents of the measure said enactment could induce Harvard, which has been the main beneficiary of state-sponsored tax-exempt bonds, to divest in order to continue expanding. Harvard stands to lose between $20 million and $130 million in revenues if the measure passes, said Berger...
...major goals of the bill is to encourage Harvard to divest immediately from companies with South African ties, said David Osborne, a spokesman for Barrett. "As an alumnus of Harvard, Barrett supports the use of state control over tax-exempt status for social gain," Osborne added...
Kraus said Graham believes Massachusetts should not "subsidize" South Africa in any way. "Institutions of higher learning need tax-exempt bonds to bring in revenue for facilities maintenance," Osborne said. "The bill makes institutions investing in South Africa ineligible to issue those bonds...