qualified bond — Law Dictionary

20 U.S.C. § 1066A — for the purposes of this part (2 versions over time)

The term “qualified bond” means any obligation issued by the designated bonding authority at the direction of the Secretary, the net proceeds of which are loaned to an eligible institution for the purposes described in section 1066b(b) of this title.

26 U.S.C. § 1400N — in this section

The term “qualified bond” means any obligation of a State or political subdivision thereof which was outstanding on August 28, 2005.

26 U.S.C. § 141 — for purposes of this part (6 versions over time)

For purposes of this part, the term “qualified bond” means any private activity bond if—

(1) Such bond is—

(A) an exempt facility bond,

(B) a qualified mortgage bond,

(C) a qualified veterans’ mortgage bond,

(D) a qualified small issue bond,

(E) a qualified student loan bond,

(F) a qualified redevelopment bond, or

(G) a qualified 501(c)(3) bond.

(2) Such bond is issued as part of an issue which meets the applicable requirements of section 146, and 1

(3) Such bond meets the applicable requirements of each subsection of section 147.

26 U.S.C. § 6431 — under this section

For purposes of this subsection, the term “qualified bond” has the meaning given such term in section 54AA(g).

26 U.S.C. § 54AA — under this section

For purposes of this subsection, the term “qualified bond” means any build America bond issued as part of an issue if—

(A) 100 percent of the excess of—

(i) the available project proceeds (as defined in section 54A) of such issue, over

(ii) the amounts in a reasonably required reserve (within the meaning of section 150(a)(3)) with respect to such issue,

are to be used for capital expenditures, and

(B) the issuer makes an irrevocable election to have this subsection apply.

The Secretary may prescribe such regulations and other guidance as may be necessary or appropriate to carry out this section and section 6431.