United States. Congress

“ Treatment of refunding bonds.—For purposes of subclause (I) , a refunding bond (whether a current or advance refunding) shall be treated as issued on the date of the issuance of the refunded bond (or in the case of a series of refundings, the original bond) . " (III) Exception for certain refunding bonds.— "Subclause (II) shall not apply to any refunding bond which is issued to refund any bond which was issued after December 31, 2003, and before January 1, 2009.". (c) Effective Date.— The amendments made by this section shall apply to obligations issued after December 31, 2008. ”

“ Allocations to certain possessions.—The amount to be allocated under paragraph (1) to any possession of the United States other than Puerto Rico shall be the amount which would have been allocated if all allocations under paragraph (1) were made on the basis of respective populations of individuals below the poverty line (as defined by the Office of Management and Budget) . ”

“ Definitions.—For purposes of this subsection— " (A) Tax credit bond.—The term `tax credit bond' means— " (i) a qualified tax credit bond (as defined in section 54A (d) ) , " (ii) a build America bond (as defined in section 54AA (d) ) , and " (iii) any bond for which a credit is allowable under subpart H of part IV of subchapter A of this chapter. " ”