TITLE

President Bush Signs Long-Delayed Tax Reconciliation Bill Into Law

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/18/2006, Vol. 356 Issue 32384, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the signing of U.S. President George W. Bush of the long-delayed tax reconciliation bill into law in May 17, 2006. The legislation requires brokers to submit tax-exempt interest and to have written loan agreements for at least thirty percent of proceeds at the time of issuance. However, the law has been condemned and praised alternately by the municipal market groups.
ACCESSION #
20944848

 

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