TAX-EXEMPT FINANCING 1319 Tax Lawyer, Vol. 55, No. 4 TAX-EXEMPT FINANCING SUBMITTED BY THE COMMITTEE ON TAX-EXEMPT FINANCING: CAROL L. LEW, COMMITTEE CHAIR JEREMY A. SPECTOR, SUBCOMMITTEE CHAIR ON IMPORTANT DEVELOPMENTS* Legislation The Economic Growth and Tax Relief Reconciliation Act of 2001, Pub. L. No. 107-16, 115 Stat. 38, (EGTRRA) was signed into law on June 7, 2001, by President Bush. EGTRRA provides several incentives for state and local governmeen issuers to increase tax-exempt financing...