Examples of Private activity bonds in a sentence

Private activity bonds are bonds with respect to which the State or local government serves as a conduit providing financing to nongovernmental persons (e.g., private businesses or individuals).
Private activity bonds are bonds in which the State or local government serves as a conduit providing financing to nongovernmental persons.
Private activity bonds are bonds in which the State or local government serves as a conduit providing financing to nongovernmental persons (e.g., private businesses or individuals).
Private activity bonds must not be considered funding provided by a governmental entity.
Private activity bonds generally are not secured by a pledge of the taxing power of the issuer of such bonds.

More Definitions of Private activity bonds

Private activity bonds or "bonds" means any bonds or

Private activity bonds means those obligations the interest income from which may be exempt from federal income tax pursuant to the provisions of the Internal Revenue Code of 1986, as amended.

Private activity bonds or "bonds" means any bonds or notes or other evidence of indebtedness, the interest on which is exempt from tax pursuant to the Internal Revenue Code, and mortgage credit certificates, except those bonds or certificates specifically excluded from the state ceiling under the terms of federal legislation;

Private activity bonds means obligations that are private activity bonds as defined in the code or bonds for purposes described in section 1317(25) of the ((tax reform act)) federal internal revenue code of 1986, as amended.

Private activity bonds means bonds within the meaning of Section 141 of the Code.

Private activity bonds means, for purposes of this rule, obligations defined as private activity bonds under current Federal law and the Internal Revenue Code of 1986 other than housing or housing-related bonds.

Private activity bonds means any Bonds described by §141(a) of the Code.