WASHINGTON - The Clinton administration does not object to bills pending in Congress that would increase the supply of bank-qualified bonds and ease limits on the issuance of 501(c)(3) and public power bonds, a Treasury official said yesterday.

But, the administration does oppose proposals to ease the 10% private-use test, make the private-activity volume cap more flexible, and increase issuance of tax-exempt bonds in conjunction with the low-income housing tax credit, said Leslie Samuels, Treasury assistant secretary for tax Policy.

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