This tax preference allows state and local governments to borrow at lower rates to build highways, schools, mass transit facilities, and water systems.
( ( This ( tax preference ) ) ( ( ( allows ( ( ( state and ) local ) governments ) ) ( to ( ( borrow ( at ( lower rates ) ) ) ( to ( build ( ( ( ( ( ( ( highways , ) schools ) , ) ( mass ( transit facilities ) ) ) , ) and ) ( water systems ) ) ) ) ) ) ) . ) )
(ROOT (S (NP (DT This) (NN tax) (NN preference)) (VP (VBZ allows) (NP (UCP (NN state) (CC and) (JJ local)) (NNS governments)) (S (VP (TO to) (VP (VB borrow) (PP (IN at) (NP (JJR lower) (NNS rates))) (S (VP (TO to) (VP (VB build) (NP (NP (NNS highways)) (, ,) (NP (NNS schools)) (, ,) (NP (JJ mass) (NN transit) (NNS facilities)) (, ,) (CC and) (NP (NN water) (NNS systems)))))))))) (. .)))
This tax preference will make it so governments can't borrow at lower rates anymore.
( ( This ( tax preference ) ) ( ( will ( ( make it ) ( so ( governments ( ( ca n't ) ( ( borrow ( at ( lower rates ) ) ) anymore ) ) ) ) ) ) . ) )
(ROOT (S (NP (DT This) (NN tax) (NN preference)) (VP (MD will) (VP (VB make) (NP (PRP it)) (SBAR (IN so) (S (NP (NNS governments)) (VP (MD ca) (RB n't) (VP (VB borrow) (PP (IN at) (NP (JJR lower) (NNS rates))) (ADVP (RB anymore)))))))) (. .)))