Letters of support.

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    • Abstract:
      The article reports on the move of a broad coalition of interests, including the American Bankers Association and the National League of Cities, to push a legislation that would allow the members of the 12 Federal Home Loan Banks in the U.S. to issue letters of credit to support tax-exempt bonds for small healthcare bond issuers. The proponents are hoping to tuck the draft legislation, which was first introduced into both the House and Senate in August 2007, into Congress' economic stimulus package.