WASHINGTON -- The new law permitting issuance of enterprise zone bonds is so complicated that small businesses may shy away from using the bonds unless the Treasury Department writes simple, clear regulations for the statute, a group of bond lawyers said last week.

"The statutory scheme is a complicated one in relation to" the small amount of enterprise bonds likely to be issued and the unsophisticated nature of the small businesses using bond proceeds, said the lawyers, who are all members of the American Bar Association's taxation section.

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