WASHINGTON -- Sen. Bill Nelson is urging the head of the Treasury Department to carefully consider the Internal Revenue Service’s tentative decision that the Village Center Community Development District in Florida is not a political subdivision, warning that it contradicts state law and would chill investment in the state.

Nelson, a Florida Democrat on the Senate Finance Committee and its taxation and IRS oversight panel, made the appeal in a one-page letter sent Oct. 26 to Treasury Secretary Timothy Geithner.

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