T. Rowe Price Tax-Exempt Money Fund N-14 Registration statement for investment companies business combination

July 7, 2020

Ryan Sutcliffe, Esquire
U.S. Securities & Exchange Commission
Division of Investment Management
100 F Street, N.E.
Washington, D.C. 20549

Re: T. Rowe Price Tax-Exempt Money Fund, Inc. (the “Registrant”)
on behalf of the following series:

T. Rowe Price Tax-Exempt Money Fund (the “Acquiring Fund”)

File No.: 333-__________

Dear Mr. Sutcliffe:

On behalf of the Acquiring Fund, we are hereby filing the Registrants Registration Statement on Form N-14 (the “Registration Statement”) under Section 8 (a) of the Securities Act of 1933 and we are requesting an effective date of August 24, 2020.

If you have any questions about this filing, please email me at vicki.booth@troweprice.com.

Sincerely,

/s/Vicki S. Booth
Vicki S. Booth, Vice President and Senior Legal Counsel, T. Rowe Price Associates, Inc.