designation percentage
Defined in 1 place of the United States Code.
For purposes of this subparagraph, the term “designation percentage” means, with respect to any area, the percentage (determined at the time such area is designated) which the assessed value of real property located in such area is of the total assessed value of all real property located within the jurisdiction of the governmental unit which designated such area.
Source
- 1994–present26 U.S.C. § 144Internal Revenue Code · Qualified small issue bond; qualified student loan bond; qualified redevelopment bond · for purposes of this part