Pub. L. 111–5, div. B, title I, § 1531(a)123 Stat. 358Section, added , , , related to build America bonds.
Statutory Notes and Related Subsidiaries
Effective Date of Repeal
section 13404(d) of Pub. L. 115–97section 54 of this titleRepeal applicable to bonds issued after , see , set out as a note under former .
Transitional Coordination With State Law
Pub. L. 111–5, div. B, title I, § 1531(d)123 Stat. 36026 U.S.C. 54AA, , , provided that, except as otherwise provided by a State after , the interest on any build America bond (as defined in former ) and the amount of any credit determined under such section with respect to such bond was to be treated for purposes of the income tax laws of such State as being exempt from Federal income tax.