WASHINGTON — The Treasury Department may not modify a planned test of proposed solid-waste bond rules criticized by market participants, but could provide a remediation process for issuers that run afoul of the test, department officials indicated yesterday.

At a public hearing held on the rules by the Internal Revenue Service, Charles Henck, an attorney with Ballard Spahr LLP who spoke on behalf of the National Association of Bond Lawyers, told Treasury and IRS officials that the so-called 65% test for facilities that handle a combination of solid waste and other materials could prove unduly harsh to those that are forced to deal with unforeseen circumstances in a single year.

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