Abandonment Disaster Demonstration Relief Act of 1975: Hearings Before the Subcommittee on Housing and Urban Affairs of the Committee on Banking, Housing and Urban Affairs, United States Senate, Ninety-fourth Congress, First Session on S. 1988 ... Oakland, Calif., August 28, 1975, Los Angeles, Calif., August 29, 1975

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Página 108 - Under the provisions of both bills, the owner of a historic property would be provided favorable tax treatment on rehabilitation expenses, through accelerated depreciation or short term amortization, while tax deductions presently granted for demolition of a historic structure and accelerated depreciation for new construction on the site would be denied. Changes are also proposed for tax treatment of donations and bequests of interests in historic properties, such as easements. The provisions specifically...
Página 24 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the making of such purchase.
Página 33 - ... something beyond an experiment. I have emphasized the willingness and ability of the city of Oakland to be active on its own behalf. I believe a maximum degree of local operation of the programs should be included. Thank you. That concludes the statement as far as the city is concerned. I am wearing two hats here today. One, of course, is the mayor of the city of Oakland, but the second one as a member of the board of directors of the League of California Cities...
Página 90 - Secretary is authorized to make expenditures to correct, or to reimburse the owner for the correction of, structural or other major defects which so seriously affect use and livability as to create a serious danger to the life or safety of inhabitants...
Página 5 - II 2 1 SHORT TITLE 2 SECTION 1. This Act may be cited as the "Abandon3 ment Disaster Demonstration Relief Act".
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