Image provided by: Morrow County Museum; Heppner, OR
About Heppner gazette-times. (Heppner, Or.) 1925-current | View Entire Issue (Jan. 10, 1980)
XR The Heppner Gazette-Times. Ileppner. Oregon. Thursday. January 10. 1M0 Packwood Sen. Bob Packwood said recently that Senate passage of the Crude Oil Windfall Profits Tax. with his amend ments to stimulate the devel opment of alternative energy sources, launches the United States down the road to energy independence. The Senate gave final pas sage to the legislation Dec. 17. The bill now goes to a Senate-House conference committee where differences between Senate and House versions will be reconciled. "Although the Senate did not pass as tough a tax as I would like. I will work to improve the bill in confer ence," Packwood said. "I am delighted, however, that the Senate bill includes many of my recommenda tions for alternative energy. We have adopted strong "iricentives ror individuals and businesses to invest in solar, wind, geothermal and bio mass energy." the Oregon Republican said. "We can and will make real progress in ending our depen dence on costly imported oil by bolstering our domestic production of safe renewable energy resources. In the long run this will save money for the American consumer." Packwood said. One Packwood-Hatfield amendment of special impor tance to Oregon authorized extending tax-free status to interest earned on bonds sold under the Oregon Energy Loan Program. If approved by Oregon voters in May 1980, the program will be funded by a bond issue, the proceeds of which would be used to provide loans in Oregon for such projects as solar, wind, geothermal. biomass, waste heat and hydroelectric power. In other amendments of interest to Oregon, Packwood also succeeded in adding to the bill provisions to stimulate the production of gasohol, and a tax credit for . certain cogeneration equipment. The , cogeneration measure would extend the 10 percent invest ment tax credit to wood waste burning burners and boilers that use a small amount of oil to start up. "Oregon," Packwood said, "is well on its way to achieving more innovative and efficient uses of energy, into law, the rest of the nation will follow. I am prepared to do everything I can to see that these provisions are accepted by the House of Representa tatives. The Packwood amendments adopted in the Senate bill include a variety of measures to stimulate the development of alternative energy by expanding energy tax credits for residences and businesses. Residential provisions in clude: A tax credit of 50 percent for expenditures of up to $10,000 to install residential solar, winda and geothermal systems, with a maximum tax savings of up to $5,000 per household : Making heat pumps eligible for the 15 percent conserva tion property credit, provided Veterans' loans near deadline Veterans' loans from the Oregon Department of Veter ans' Affairs will no longer be available to World War II veterans after Jan. 31, 1980. This reminder was given by Dave White, area manager for the department in northeast Oregon. White said that World War II veterans who intend to do any remodeling, to purchase a borne, or to re-finance thier homes should apply for the loans they want as soon as possible. He pointed out that the attorney general has recently ruled that a World War II veteran must have his loan approved and committed before the end of January. Just applying before the deadline is not enough. White added that there will be a measure voted on in May which would extend the bene- f k - I II' 1 J T TT msioi nunu war 11 veterans. that the heat pump replaces an 'electrical resistance heat system ; Allowing owners of rental property to become eligible for both conservation and renewable energy credits. They would be eligible for a 10 percent credit for energy conservation, up to $2,000 per tax bill leads nation toward energy freedom d rcntnl unit or a maximum of wind and geothermal systems. energy equipment: up to 30 percent for solar and thermal energy conversion. . s $200 Landlords also would be Business provisions in- A 10 percent nonrefundable wind equipment, geothermal Extending through 1990 the . i . . . . . . i nAMnni investment tax IU jn -v in credit for biomass energy systems using wood sources. $200 Landlords also would be perm il led 40 percent credit for costs up to $10,000 per unit, or $4,000. for installation of solar. elude Extending the investment tax credit of 10 percent to credit 'for certain hydroelec- trieity-producing equipment: Total investment credits of up to 30 percent for solar and wind equipment, geothermal equipment and systems that use biomass energy from non-wood sources, and ocean (Soon j Mil I 1 W I ill MWW!''W,!Se,l u V LOOK FOR YOUR PROCTOR It GAMBLE COUPONS IN THE MAIL Redeem your coupons at Thriftway . . .and SAVE! Proctor it Gamble will con tribute 50 for each coupon re deemed at Thriftway between January 2 and February 24, 1980 to the U.S. Olympic Committee. PRICES EFFECTIVE JANUARY 9 THRU JANUARY 15, 1980 WE RESERVE THE RIGHTTO LIMIT QUANTITIES RESH PORK SPARERIBS 3 to 5-LB. AVG. BARBECUED SPARERIBS, A FAMILY FAVORITE O O ysT? If r FRESH PORK BONELESS BUTT ROAST ARMOUR'S VERI-BEST PORK 11 LB LVNDEIU CUT-U FRYERS WASHINGTON OR OREGON GROWN, FLASH FROZEN tL LB BARON'S BEEF BUN PATTIES PORK TENDERLOINS 2 lb. Bag . . ea Farmland Brand. lb '2.98 SLICED BACON '2.49 WESTERN FAMILY WIENERS Western Family lb All Meat $ or beer id 1.19 1.09 PORK SAUSAGE Our Own Country Style lb. 1.09 SWIFT'S BROWN AND SERVE HAM PATTIES lOVi-oz. Pkg. ea. 1.39 we welcome FOOD STAMP SHOPPERS BLADE CUT FRESH PORK STEAKS 5) ARMOUR'S VERI-BEST PORK LB. ! MlAiA.M,lVtAt.,)A.,,. GREENLAND TURBOT i FILLETS i- LB BREADED SHRIMP PATTIES I" Z, .. M.98 FARMLAND BRAND BONELESS PORK CHOPS QUICK AND EASY TO FIX L LB. 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