NEW ORLEANS - The Treasury's priorities this fiscal year for municipal bond rules on financing of solid-waste disposal facilities and reissuance may have to be temporarily shelved because the department will have to focus on the forthcoming economic stimulus package and bringing new administration officials up to speed, an official said late Friday.

"Regulatory process will take a backseat to whatever goes on with the stimulus plan and changes going on with the transition of the government," said John J. Cross 3d, tax legislative counsel for the Treasury office of tax policy, told a meeting of bond lawyers here. "There will be new people in charge of senior tax positions in the government, and it should be very interesting."

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