Florida Florida Statutes

§ 159.803 — Definitions

FS § 159.803Ch. 159

Statute text

As used in this part, the term:(1) “Affordable housing bonds” means multifamily affordable housing bonds and single-family affordable housing bonds.

(2)“Carryforward confirmation” means a confirmation for a project that qualifies for a carryforward pursuant to s. 146(f)(5) of the Code which authorizes the issuer to make an election to carry forward such allocation of state volume limitation beyond the end of the current calendar year in accordance with s. 146(f) of the Code.

(3)“Code” means the Internal Revenue Code of 1986, as amended, and the regulations and rulings issued thereunder.

(4)“Confirmation” means the conditional allocation of a portion of the state volume limitation to an issuer, made pursuant to a timely filed notice of intent to issue, which is contingent upon the issuer's timely filing of an issuance report.

(5)“Corporation” means the Florida Housing Finance Corporation created by s. 420.504.

(6)“Division” means the Division of Bond Finance of the State Board of Administration.

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Legislative history

s. 7, ch. 2024-220.