Show Mayhew Amendment Brings House Strife Bonding Issue Still Debuted Debated I t a Jui An 1 fL to a limited program arn to finance state construction construction construction con con- introduced into the House of Representatives by Moab's House member E. E J. J Mayhew Saturday touched off he heated ted arguments with GOP members splitting on the issue The arguments were still in progress a late as Tuesday night according to reports from the Legislature The bill previously passed by bythe bythe bythe the Senate was vas 91 propos propos- ing inga a half halt cent increase in the state sales sale tax taC The bill would Increase the tax for six years starting next July 1 and earmark earmark earmark ear ear- mark the bulk of its revenue for construction of state build build- ings It is Js estimated the tax would bring the state around 16 million dollars i in IQ the next bien- bien The original bill biJl would allocate 16 million per biennium for construction and for repayment repayment repayment repay repay- ment of tax anticipation notes Gov George D. D Clyde had proposed proposed proposed pro pro- posed the use of tax anticipation notes as a means of obtaining money for construction to speed speedup up the program ahead of tax revenues Rep Mayhew's amendment would certificate of payment for tor or tax anticipation notes This would mean that the state could issue bonds to construction using revenue revenue reve reve- nue from the thaW weI tax to repay the bonds WIthin six years Tax anticipation notes would likely be limited to one year House favor of the bonding as amended advocated the advantages of the flexibility provided Opponents felt that It would result in too much bonding bond ing the states state's future It was expected that most major bills bUls yet remaining before th the Legislature would be on 00 the floor this week Both Iloth houses were working over time over time this week weel in an at attempt attempt at at- tempt to 10 get current issues off oft the floor to permit time for debate debate de de- bate of the major bills bUIs yet to come COIne |