WASHINGTON - The Senate approved legislation by voice vote Wednesday night that would fully exempt issuers of tax-exempt high-speed rail bonds from the private-activity bond volume cap.

The measure is attached to a comprehensive energy bill that the Senate passed Thursday on a 93-to-3 vote. The energy bill vote clears that the way for the Senate measure to be reconciled with an energy bill passed by the House May 27 that does not contain a rail bond provision.

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