te-freebsd.h has

#define LOCAL_LABELS_DOLLAR 1

But LOCAL_LABELS_DOLLAR never really works completely for x86 assembler.
When assembler sees $foo, it can't tell if $foo is a label or the value
of symbol foo. I do have a hack for x86 assembler, which assumes $_XXX
is a local label if LOCAL_LABELS_DOLLAR is defined. But it won't work
when _XXX is a real label.

bash-3.2$ cat /tmp/f.s
$foo:
       movl $foo(%eax), %eax
bash-3.2$ ./as-new -o f.o /tmp/f.s
/tmp/f.s: Assembler messages:
/tmp/f.s:2: Error: junk `(%eax)' after expression
bash-3.2$ 

I think LOCAL_LABELS_DOLLAR should be undefined for all x86 targets.