qualified bond

(A)The term “qualified bond” means any obligation of a State or political subdivision thereof which was outstanding on. (B)Such term shall not include any private activity bond. (C)Such term shall not include any bond with respect to which there is any outstanding refunded or refunding bond during the period in which a Gulf tax credit bond is outstanding with respect to such bond. (D)Such term shall not include any bond issued as part of an issue if any portion of the proceeds of such issue was (or is to be) used to provide any property described in section 144(c)(6)(B).

Source

26 USC § 1400N(l)(5)(A)


Scoping language

None: Default is title Scope
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