WASHINGTON - The National Association of Bond Lawyers is urging the Internal Revenue Service to focus most of its attention over the next 12 months on drafting rules for the American Recovery and Reinvestment Act's two-year bond provisions.

In a letter sent to the IRS late last week, NABL suggested eight items be included on the service's 2009-2010 guidance priority list, five of which were tied to the stimulus package enacted into law rover three months ago. The IRS last month invited recommendations from the public on what projects should be included on the list.

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