HRS § 39A-204.5 - Federal tax exempt status — United States — Hawaii law | Esheria

HRS § 39A-204.5 - Federal tax exempt status

Special purpose revenue bonds should be issued, as far as practicable, to satisfy federal tax rules so their interest is excluded from gross income; the director of finance may take compliance steps, and the part does not bar bonds whose interest is included in gross income.

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Jurisdiction
United States — Hawaii
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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federal tax compliance municipal bonds

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