TITLE

Reaction to House Tax Plan Mixed

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/11/2006, Vol. 356 Issue 32379, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the issues concerning the reactions of the market participants on the long-awaited conference with the tax reconciliation bill in the U.S. According to the report, the conferees who have discussed about the bill had pulled back slightly on pooled bond restrictions decried by market groups, adopting a provision instead that requires issuers to expect to spend 30% of bond proceeds.
ACCESSION #
23176001

 

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