A public entity may elect pursuant to the internal revenue code to treat any stimulus obligation as a specified tax credit bond. Any volume cap allocated to a public entity for stimulus obligations of the same type as a stimulus obligation for which such an election has been made shall apply to the stimulus obligation.
C.R.S. § 11-59.7-113.5
Specified tax credit bonds
Known as the Colorado Recovery and Reinvestment Finance Act
The act spans §§ 11-59.7-101 to 11-59.7-113.5 (14 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.