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Article: Following Andrew, Dade County, Fla., proposes legislation to ease bond curbs. (Hurricane Andrew)
- Article from:
- The Bond Buyer
- Article date:
- September 21, 1992
- Author:
CopyrightCOPYRIGHT 1992 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA -- In the wake of Hurricane Andrew, Dade County, Fla., has put together a proposal for federal legislation that would reduce current restrictions on tax-free debt it hopes to sell to help rebuild the county.
The proposed bill may have a tough time getting approval before the current legislative session ends on Oct. 3. Sources say it is too late for the legislation to be included in the hurricane disaster bill now sweeping through Congress and unclear whether the proposal can be included in the pending urban aid tax bill, which faces an uncertain future.
However, Florida's Sen. Connie Mack is considering introducing the measure, according to ...
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