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qualified local bus

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 6427 — in this section

For purposes of this paragraph, the term “qualified local bus” means any local bus—

(i) which has a seating capacity of at least 20 adults (not including the driver), and

(ii) which is under contract (or is receiving more than a nominal subsidy) from any State or local government (as defined in section 4221(d)) to furnish such transportation.