Rhode Island General Laws 35-22-3. Definitions
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“Host approval” means an approval by an applicable elected representative of a governmental unit, for purposes of section 147(f)(2)(A)(ii) of the Internal Revenue Code of the United States of America, having jurisdiction over the area in which a facility is located that is to be financed with bonds issued by an issuer that does not have jurisdiction over the location of the facility.
History of Section.
P.L. 2011, ch. 350, § 1; P.L. 2011, ch. 391, § 1.
Terms Used In Rhode Island General Laws 35-22-3
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8