WASHINGTON -- Rep. Dan Rostenkowski said Friday he is still pushing to include permanent extensions of the tax exemptions for mortgage revenue bonds and small-issue industrial development bonds in the final tax bill being hammered out by House and senate conferees,
Tax legislation that the Illinois Democrat shepherded through the House in May would make permanent the two bond exemptions and six other tax breaks that expired on June 30, 1992. Those include a tax credit to firms that hire low-inome or disabled workers, and a credit for employer-provided educational assistance. The Senate bill would extend the eight tax breaks only through June 30. 1994.