WASHINGTON - Sen. John Kerry, D-Mass., has introduced legislation that would exempt all private-activity bonds, from the alternative minimum tax, hoping it will be included in the tax portion of the stimulus package that the Senate Finance Committee could consider as early as Monday, sources said.

Congressional aides said yesterday it is not yet clear whether Kerry's measure, which mirrors a bill pending in the House, will be included in the tax package. The AMT, which applies to interest earned on private-activity bonds and some governmental and 501(c)(3) bonds, was created to prevent high-income households eligible for tax breaks from paying little or no taxes.

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