Sec. 8016. Amortizable bond premium
103 words·~1 min read·
/bill/113/hr/1/ih/section-8016A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subparagraph
(B)of section 171(b)(1) is amended to read as follows: with reference to the amount payable on maturity (or if it results in a smaller amortizable bond premium attributable to the period before the call date, with reference to the amount payable on the earlier call date), in the case of a bond described in subsection (a)(1), and with reference to the amount payable on maturity or on an earlier call date, in the case of a bond described in subsection (a)(2). . Paragraphs (2)(B) and (3)(B) of section 171(b) are each amended by striking paragraph (1)(B)(ii) and inserting paragraph (1)(B)(i) .