Treasury Regulations · 26 CFR
§ 1.144-1. Qualified small issue bonds, qualified student loan bonds, and qualified redevelopment bonds.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 144
Cite as 26 CFR § 1.144-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- January 16, 1997 by T.D. 8712
- Issued under
- 26 U.S.C. § 144
- Length
- 255 words · about 1 min to read
- Cross-references
- cites 3 Code sections and 3 regulations; cited by 1
¶(a) Overview. Interest on a private activity bond is not excludable from gross income under section 103(a) unless the bond is a qualified bond. Under section 141(e)(1)(D), a qualified small issue bond issued under section 144(a) may be a qualified bond. Under section 144(a), any qualified small issue bond is any bond issued as a part of an issue 95 percent or more of the proceeds of which are to be used to provide certain manufacturing facilities or certain depreciable farm property and which meets other requirements. Under section 141(e)(1)(F) a qualified redevelopment bond issued under section 144(c) is a qualified bond. Under section 144(c), a qualified redevelopment bond is any bond issued as a part of an issue 95 percent or more of the net proceeds of which are to be used for one or more redevelopment purposes and which meets certain other requirements.
¶(b) Scope. Sections 1.144-0 through 1.144-2 apply for purposes of the rules for small issue bonds under section 144(a) and qualified redevelopment bonds under section 144(c), except that § 1.144-2 does not apply to the requirements for qualified small issue bonds under section 144(a)(4) (relating to the limitation on capital expenditures) or under section 144(a)(10) (relating to the aggregate limit of tax-exempt bonds per taxpayer).
[T.D. 8712, 62 FR 2303, Jan. 16, 1997]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
- § 103 Interest on State and local bonds
- § 141 Private activity bond; qualified bond
- § 144 Qualified small issue bond; qualified student loan bond; qualified redevelopment bond
Regulations it cites
- § 1.144-2 Remedial actions.
- § 1.144-0 Table of contents.
- § 1.141-16 Effective dates for qualified private activity bond provisions.
Cited by 1 other regulation
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Issued by T.D. 8712 (62 FR 2303)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Tax Exemption Requirements for State and Local Bonds
Nearby sections
- § 1.142(a)(6)-1 Exempt facility bonds: solid waste disposal facilities.
- § 1.142(f)(4)-1 Manner of making election to terminate tax-exempt bond financing.
- § 1.143(g)-1 Requirements related to arbitrage.
- § 1.144-0 Table of contents.
- § 1.144-1 Qualified small issue bonds, qualified student loan bonds, and qualified redevelopment bonds.
- § 1.144-2 Remedial actions.
- § 1.145-0 Table of contents.
- § 1.145-1 Qualified 501(c)(3) bonds.
- § 1.145-2 Application of private activity bond regulations.