WASHINGTON -- With the death this week of the Superfund reauthorization bill, Congress failed to put to rest the question of whether to tax the municipal bond insurance industry to help pay to clean up the nation's worst toxic waste sites.

When the Superfund measure is resurrected next year, House tax lawmakers will probably reverse themselves and follow the lead of the Senate Finance Committee in passing a bill that exempts the bond insurers from the proposed new tax on insurance companies, said Robert Genader, the chairman of the Association of Financial Guaranty Insurers.

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