WASHINGTON — The National Association of Bond Lawyers has asked to meet with Treasury Department and Internal Revenue Service officials to discuss closing a perceived gap in reissuance guidance that does not cover tax-exempt bonds that issuers privately place with banks.

In a five-page letter sent to the Treasury on Wednesday, NABL president Kristin Franceschi, a partner at DLA Piper LLP in Baltimore, said the group’s board and tax committee would like to talk with regulatory officials “to see whether a non-reissuance solution may be formulated to accommodate what has become an increasingly prevalent form of financing in the municipal marketplace.”

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