§ 7.335. Other qualified private activity bonds.
An amount equal to $345,837,500 shall be allocated to other qualified private activity bonds subject to the volume cap provided by the Tax Reform Act of 1986 (26 U.S.C.A. § § 1—7872). Requests to apply this allocation to specific projects or uses will be reviewed and may be approved or disapproved by the Secretary of Commerce. Applications for allocations shall be made to the Bureau of Economic Assistance in the Department of Commerce.
The provisions of this § 7.335 adopted by Executive Order 1987-1, dated January 7, 1987, effective January 1, 1987, 17 Pa.B. 240; corrected February 6, 1987, 17 Pa.B. 626.
This section cited in 4 Pa. Code § 7.336 (relating to reallocations); and 12 Pa. Code § 63.2 (relating to provisions of the Tax-Exempt Bond Allocation Act suspended).
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