198A.015 Kentucky Housing Corporation's status as a de jure political subdivision.
85 words·~1 min read·
/ky/chapter-198a/198a-015A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The General Assembly of the Commonwealth of Kentucky hereby finds and determines that in order to comply with technical income tax rules and regulations proposed to be adopted by the Department of the Treasury, Internal Revenue Service, with regard to the issuance of securities by states and political subdivisions thereof, it is appropriate and proper that the Kentucky Housing Corporation's status as a de jure political subdivision of the Commonwealth of Kentucky be confirmed by adoption of appropriate clarifying amendments to the Kentucky Revised Statutes.