WASHINGTON — The National Association of Water Companies is urging the Treasury Department and the Internal Revenue Service to change the remedial actions that must be taken when bonds no longer meet private activity bond restrictions, claiming the current ones deter or burden public-private partnerships.

In a July 19 letter sent to Treasury assistant secretary for tax policy, Mark Mazur, NAWC's executive director Mark Deane asked the agencies to include a project to amend these rules under Section 141 of the tax code on their 2013-2014 priority guidance list.

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