WASHINGTON - The municipal market may finally have a window of opportunity in the first half of 1993 to push Congress to make two popular bond programs permanent and ease a host of other tax law bond curbs.

The tax-exempt bond community is finishing up an unusually frustrating year, during which President Bush vetoed two bills by Congress that were designed to simplify the arbitrage rebate requirement, increase bank demand for municipal bonds, and extend the tax exemptions for mortgage revenue bonds and small-issue industrial development bonds.

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