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.

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