WASHINGTON -- The chairman of the Senate Finance Committee will propose extending authority to issue mortgage revenue bonds and small-issue industrial development bonds through Dec. 31, 1993, committee aides said yesterday.

But the aides said the chairman, Sen. Lloyd Bentsen, D-Tex., may have to scale back the length of the proposed extensions, depending on what revenue-raising items he decides to propose to offset their cost. The committee is scheduled to vote on his proposal later today.

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.