Lawmakers plan to unveil bill to extend BAB program

05/21/2010 | Bond Buyer (free content), The

Rep. Sander Levin, D-Mich., and Sen. Max Baucus, D-Mont., released a summary of legislation that would extend several municipal bond provisions, including the Build America Bonds program. The American Jobs and Closing Tax Loopholes Act would gradually reduce the subsidy-repayment rate on BABs and extend the program through 2012.

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Bond Buyer (free content), The