108.500. Definitions. - Missouri Statutes

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Statutes > Missouri > T08 > C108 > 108_500

Definitions.

108.500. As used in sections 108.500 to 108.532, thefollowing terms mean:

(1) "Code", the Internal Revenue Code of 1986;

(2) "Director", director of the department of economicdevelopment or his designee;

(3) "Issuers", state agencies, cities, counties and otherentities having authority to issue private activity bonds;

(4) "Private activity bonds", private activity bonds withinthe meaning of Sections 141, 146(g) and 146(i) of the Code;

(5) "State ceiling", the aggregate amount of privateactivity bonds, the interest on which is excludable from federalgross income pursuant to Section 103(a) of the Code, which may beissued within the state of Missouri during any calendar yearcommencing after 1987 in accordance with Section 146 of the Code.

(L. 1985 S.B. 140 § 2, A.L. 1987 S.B. 351)
Effective 1-1-88

State Codes and Statutes

Statutes > Missouri > T08 > C108 > 108_500

Definitions.

108.500. As used in sections 108.500 to 108.532, thefollowing terms mean:

(1) "Code", the Internal Revenue Code of 1986;

(2) "Director", director of the department of economicdevelopment or his designee;

(3) "Issuers", state agencies, cities, counties and otherentities having authority to issue private activity bonds;

(4) "Private activity bonds", private activity bonds withinthe meaning of Sections 141, 146(g) and 146(i) of the Code;

(5) "State ceiling", the aggregate amount of privateactivity bonds, the interest on which is excludable from federalgross income pursuant to Section 103(a) of the Code, which may beissued within the state of Missouri during any calendar yearcommencing after 1987 in accordance with Section 146 of the Code.

(L. 1985 S.B. 140 § 2, A.L. 1987 S.B. 351)
Effective 1-1-88

State Codes and Statutes

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State Codes and Statutes

Statutes > Missouri > T08 > C108 > 108_500

Definitions.

108.500. As used in sections 108.500 to 108.532, thefollowing terms mean:

(1) "Code", the Internal Revenue Code of 1986;

(2) "Director", director of the department of economicdevelopment or his designee;

(3) "Issuers", state agencies, cities, counties and otherentities having authority to issue private activity bonds;

(4) "Private activity bonds", private activity bonds withinthe meaning of Sections 141, 146(g) and 146(i) of the Code;

(5) "State ceiling", the aggregate amount of privateactivity bonds, the interest on which is excludable from federalgross income pursuant to Section 103(a) of the Code, which may beissued within the state of Missouri during any calendar yearcommencing after 1987 in accordance with Section 146 of the Code.

(L. 1985 S.B. 140 § 2, A.L. 1987 S.B. 351)
Effective 1-1-88