Table of Contents

• Notice 2009-50
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
    • .01 INTRODUCTION
    • .02 BACKGROUND ON BUILD AMERICA BONDS
  • SECTION 3. RECOVERY ZONE ECONOMIC DEVELOPMENT BONDS
    • .01 RECOVERY ZONE ECONOMIC DEVELOPMENT BONDS TREATED AS QUALIFIED BONDS UNDER § 6431
    • .02 DEFINITION OF RECOVERY ZONE ECONOMIC DEVELOPMENT BOND
    • .03 DEFINITION OF QUALIFIED ECONOMIC DEVELOPMENT PURPOSE
    • .04 CERTAIN OTHER APPLICABLE RULES
  • SECTION 4. RECOVERY ZONE FACILITY BONDS
    • .01 RECOVERY ZONE FACILITY BONDS TREATED AS EXEMPT FACILITY BONDS
    • .02 RECOVERY ZONE PROPERTY
    • .03 USE OF RECOVERY ZONE PROPERTY IN QUALIFIED BUSINESSES
    • .04 OTHER APPLICABLE RULES
  • SECTION 5. INTERIM GUIDANCE AND RELIANCE
    • .01 IN GENERAL
    • .02 REASONABLY REQUIRED RESERVE OR REPLACEMENT FUND
    • .03 INFORMATION REPORTING FOR RECOVERY ZONE BONDS
    • .04 ELIGIBLE ISSUERS IN GENERAL AND ALLOCATIONS OF VOLUME CAP TO ULTIMATE BENEFICIARIES
    • .05 WAIVERS OF VOLUME CAP ALLOCATIONS
    • .06 DESIGNATIONS OF RECOVERY ZONES
  • SECTION 6. ALLOCATIONS OF RECOVERY ZONE BOND VOLUME CAP
    • .01 VOLUME CAP DESIGNATIONS IN GENERAL
    • .02 VOLUME CAP ALLOCATIONS IN GENERAL
    • .03 STATE ALLOCATIONS OF RECOVERY ZONE BOND VOLUME CAP
    • .04 LOCAL SUBALLOCATIONS OF RECOVERY ZONE BOND VOLUME CAP AMONG COUNTIES AND LARGE MUNICIPALITIES
    • .05 SPECIAL RULES FOR VOLUME CAP ALLOCATIONS RECEIVED BY THE POSSESSIONS
  • SECTION 7. EFFECTIVE DATE OF VOLUME CAP ALLOCATIONS
  • SECTION 8. DRAFTING INFORMATION
• Notice 2009-54
  • Section 1. PURPOSE
  • Section 2. BACKGROUND
  • Section 3. SCOPE OF NOTICE
  • Section 4. MEANING OF TERMS
  • Section 5. MANUFACTURER’S CERTIFICATION AND QUARTERLY REPORTS
  • Section 6. TIME AND ADDRESS FOR FILING CERTIFICATION AND QUARTERLY REPORTS
  • Section 7. PAPERWORK REDUCTION ACT
  • SECTION 8. DRAFTING INFORMATION