WASHINGTON - The House easily approved and sent to the Senate on Thursday a compromise $17 billion urban aid tax package that would permanently extend the tax exemption for two popular bond programs and ease curbs on redevelopment bonds used in enterprise zones.

The package was swiftly approved on a 356-to-55 vote, which was well above the two-thirds level needed for the bill to pass under expedited procedures used by House leaders to prevent unrelated amendments from being added to the measure.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.