WASHINGTON -- The House's main supporter of the tax exemption for mortgage revenue bonds, Rep. Barbara B. Kennelly, said yesterday there is still a chance Congress will pass legislation this year to continue that and other expiring tax provisions.

Meanwhile, House Speaker Thomas S. Foley, D-Wash., did not rule out passing such legislation before Congress adjourns next week. The fact that 75 senators have pledged to rpevent such a bill from being loaded down with extraneous amendments may have helped that cause, he said.

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.