WASHINGTON -- House and Senate conferees kicked off their tax negotiations with an organizational meeting yesterday, but they are expected to make no substantive decisions until next week.

In hammering out the final version of President Clinton's tax package, the conferees will have to reconcile sharp differences between the way the House and Senate bills treat the tax exemptions for mortgage revenue bonds and small-issue industrial development bonds, which expired June 30, 1992.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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