Sen. Richard Burr, R-N.C., has introduced a bill that would prohibit state and local governments from issuing tax-exempt bonds unless they meet certain pension-disclosure requirements. Meanwhile, two House members have introduced separate bills to reinstate the Build America Bond program.

Burr's bill — S. 347, The Public Employee Pension Transparency Act — was introduced Feb. 15 and is virtually the same tax legislation as was introduced by Rep. Devin Nunes, R-Calif., in the House on Feb. 9.

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