Word: exemptible
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...amendment to the Constitution to put an end to the issuance of tax-exempt securities...
Without bothering to take a record vote, the Senate last week passed a resolution to extend NRA, not for two years but only to next April 1, to outlaw code price-fixing in all but mineral natural-resource industries, to exempt from code control "any person whose business is wholly intrastate...
Resolution: That the Freshman Deans be given authority to exempt students who present reasonable evidence from compulsory exercise. (This resolution with especial reference to Student Waiters and others who work for at least an equal amount of time...
...Boston Symphony wound up its season with a Bach-Handel Festival, and a $100,000 deficit, slightly bigger than last year's. Unless Massachusetts' State Board of Tax Appeals grants Trustee President Bentley W. Warren's petition to exempt Symphony Hall and its site from 1935 city taxation, President Warren will have to make an appeal for $130,000 to the guarantors of the annual subsidy...
...Senate, a State House equally divided between Republicans and Democrats. Then the fire in the Kerns Hotel at Lansing killed off three House Republicans-elect, only one Democrat-elect, leaving him a Democratic House (TIME, Dec. 24). With this setback his job grows harder for he has promised to exempt food from the State's 3% sales tax. That will knock $10,000,000 off the State's revenue and $12,000,000 is what the State has been spending for relief...