26 USC 1400T: Special rules for mortgage revenue bonds
Text contains those laws in effect on January 15, 2013
From Title 26-INTERNAL REVENUE CODESubtitle A-Income TaxesCHAPTER 1-NORMAL TAXES AND SURTAXESSubchapter Y-Short-Term Regional BenefitsPART II-TAX BENEFITS FOR GO ZONES
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§1400T. Special rules for mortgage revenue bonds
(a) In general
In the case of financing provided with respect to owner-occupied residences in the GO Zone, the Rita GO Zone, or the Wilma GO Zone, section 143 shall be applied-
(1) by treating any such residence in the Rita GO Zone or the Wilma GO Zone as a targeted area residence,
(2) by applying subsection (f)(3) thereof without regard to subparagraph (A) thereof, and
(3) by substituting "$150,000" for "$15,000" in subsection (k)(4) thereof.
(b) Application
Subsection (a) shall not apply to financing provided after December 31, 2010.
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