26 CFR 1.147(b)-1
§ 1.147(b)-1 Bond maturity limitation-treatment of working capital.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.147(b)-1, § 1.147(b)-1 Bond maturity limitation-treatment of working capital, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/109101
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556668fabcaa44e20d1fe7494851895c8a253c9a4120accd2a1bd6939190fe6a
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Full text
Section 147(b) does not apply to proceeds of a private activity bond issue used to finance working capital expenditures.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.