Qualified Zone Academy Bond Rates
Section 1397E of the Internal Revenue Code (IRC) provides rules for the issuance and use of qualified zone academy bonds (QZABs) issued on or before October 3, 2008. Sections 54A and 54E provide rules for the issuance and use of qualified zone academy bonds (QZABs) issued after October 3, 2008.
Qualified zone academy bond (QZAB) rates were published each business day from July 1, 1999 through March 27, 2009. For QZAB rates after March 27, 2009, see the rates posted for qualified tax credit bonds (QTCBs).
SEARCH HISTORICAL QZAB RATES
As of January 22, 2009, the credit rate for tax credit bonds including qualified zone academy bonds, clean renewable energy bonds, new clean renewable energy bonds, qualified energy conservation bonds and Midwestern tax credit bonds will be based on Treasury Department's estimate of the yields on outstanding bonds with an investment grade rating between A and BBB. See IRS Notice on Credit Rates on Tax Credit Bonds.
For more information on qualified zone academy bonds, call the Internal Revenue Service's Office of Financial Institutions and Products at (202) 317-6980.