WASHINGTON -- A New York Bar Association committee is urging the Internal Revenue Service to assure the municipal securities market that a 1991 Supreme Court decision does not expose investors to unexpected tax consequences.

In a letter to IRS Commissioner Shirley Peterson, the New York bar's committee on taxation of corporations said the market needs to know that certain minor changes to a bond issue will not be considered a reissuance that makes the bonds subject to more-restrictive tax laws.

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