HomeMy WebLinkAboutRESOLUTIONS - 01011969 - 69-588 IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE OF CALIFORNIA
In the Nutter of Opposing
Proposed actions on the )
Imposition of Federal Taxes ) RESOLUTION NO. 69/588
on income from State and
Local Tax Exempt Bonds. }
WHEREAS this Board on May 13, 1969 adopted Resolution No.
69/322, on July 8, 1969 adopted Resolution No. 69/ 6, and on
August 19, 1969 adopted Resolution No. 69/547 urging that no action
be taken by the Congress of the United. States which would result
in the imposition of federal taxes on the income from municipal
bands which are now tax exempt; and
WHEREAS the financial requirements of state and local
governments has become Increasingly critical and there is now an
every more compelling need for they sale of state and local tax
exempt bands a and
AREAS legislation affecting the tax exempt status of
municipal securities has been adopted by the House of Representatives
In its tax reform bill (H.R. 13270)3
NOW,, THEREFORE, BE IT BY THIS BOARD RESOLVED that
United States Senator George Murphy and United States Senator
Alan Cranston are URGED to work diligently in apposition to
proposed actions on the imposition of federal taxes on income from
state and local tax exempt bonds.
PASSED and ADOPTED this 10th day of September, 1969 by
the following vote of the Board:
AYES: Supervisors J. P. Kenner, A. M. Dias,
Edmund A. Linscheid, J. E. Moriarty.
NOES: None.
ABSENT: Supervisor T. J. Coll.
RESOLUTION No. 69/588