Sec. 201. Restoration of certain qualified tax credit bonds
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Section 54A of the Internal Revenue Code of 1986, as in effect before repeal by Public Law 115–97 , is restored as if such repeal had not taken effect. Section 54A(d)(1) of such Code, as restored by paragraph (1), is amended by striking subparagraphs (A), (B), and (C). Section 6431 of the Internal Revenue Code of 1986, as in effect before repeal by Public Law 115–97 , is restored as if such repeal had not taken effect. Section 6431(f)(3) of such Code, as restored by paragraph (1), is amended by inserting any school infrastructure bond (as defined in section 54BB) or before any qualified tax credit bond .
Section 54E of the Internal Revenue Code of 1986, as in effect before repeal by Public Law 115–97 , is restored as if such repeal had not taken effect. Section 54E of the Internal Revenue Code of 1986, as restored by paragraph (1), is amended— in subsection (a)(3), by inserting and at the end of subparagraph (A), by striking subparagraph (B), and by redesignating subparagraph
(C)as subparagraph (B); by striking subsection (b); and in subsection (c)(1)— by striking and $400,000,0000 and inserting $400,000,000 ; and by striking and, except as provided and all that follows through the period at the end and inserting , and $1,400,000,000 for 2020 and each year thereafter. . Section 54E(d)(3)(A) of the Internal Revenue Code of 1986, as restored by paragraph (1), is amended by striking rehabilitating or repairing and inserting constructing, rehabilitating, retrofitting, or repairing . The amendments made by this section shall apply to obligations issued after December 31, 2019.
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Sec. 201
Restoration of certain qualified tax credit bonds
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