Definitions.

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.

(7) “Exempt facility bonds” means any bonds, except multifamily affordable housing bonds, issued pursuant to s. 142 of the Code to finance facilities and projects that are listed in s. 142(a) of the Code which require an allocation of state volume limitation under s. 146 of the Code.

(8) “Final certification of allocation” means the certification issued by the division following the timely filing of an issuance report which establishes the final amount of state volume limitation allocated to an issuer for an issuance of private activity bonds as required in s. 149(e)(2)(F) of the Code.

(9) “Governmental unit” means the general-purpose governmental unit, as defined in the Code, which provides approval under the federal Tax Equity and Fiscal Responsibility Act (TEFRA) for proposed issuances of private activity bonds for issuers within its jurisdiction.

(10) “Issuance report” means the form containing the information described in s. 159.8053(2) by which an issuer notifies the division of its issuance of bonds pursuant to a confirmation.

(11) “Issued” or “issuance” has the same meaning as in the Code.

(12) “Issuer” means the State of Florida, any governmental unit, a housing finance authority, an industrial development authority, or any other entity in this state authorized to issue private activity bonds.

(13) “Mortgage credit certificate” means those certificates issued pursuant to s. 25 of the Code.

(14) “Multifamily affordable housing bonds” means bonds issued pursuant to s. 142 of the Code to finance qualified residential rental projects, as described in s. 142(d)(1) of the Code, which require an allocation of state volume limitation under s. 146 of the Code.

(15) “Notice of intent to issue” means the form containing the information described in s. 159.8051(2) on which an issuer requests an allocation of the state volume limitation from the division.

(16) “Private activity bond” or “bond” means any bond which requires an allocation pursuant to s. 146 of the Code.

(17) “Redevelopment bonds” means bonds issued pursuant to s. 144(c) of the Code to be used for redevelopment purposes in any designated blighted area as such terms are described in s. 144(c)(3) and (4) of the Code.

(18) “Single-family affordable housing bonds” means qualified mortgage revenue bonds issued pursuant to s. 143 of the Code which require an allocation of state volume limitation under s. 146 of the Code.

(19) “Small issue bonds” means bonds issued pursuant to s. 144(a) of the Code to finance a manufacturing facility as described in s. 144(a)(12)(C) of the Code or the acquisition of farmland or farm property, which require an allocation of state volume limitation under s. 146 of the Code.

(20) “State volume limitation” means the maximum amount of private activity bonds which may be issued in this state during each calendar year as such limit is imposed by s. 146 of the Code, and which is allocated by the division pursuant to this part.

(21) “Student loan bonds” means bonds issued pursuant to s. 144(b) of the Code to make or finance student loans which require an allocation of state volume limitation under s. 146 of the Code.

(22) “TEFRA approval” means the approval of a proposed issuance of bonds by an elected official or body of elected officials of the applicable governmental unit after a public hearing or by a referendum of the voters within such governmental unit, as required by s. 147(f) of the Code.