WASHINGTON — Bond lawyers want Congress and the Treasury Department to allow muni issuers to current refund certain tax-advantaged bonds, even after they can no longer issue the bonds under existing tax law.

The National Association of Bond Lawyers outlined its proposal in a recent letter and three-page memo sent to John Cross 3rd, Treasury’s associate tax legislative counsel, and other department officials.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.