### Question
How does Private Activity Bonds define local district heating or cooling facility?


### Answer
Under *26 U.S.C. § 142*, **local district heating or cooling facility** is defined as:

> property used as an integral part of a local district heating or cooling system

#### Citation:
  - *26 U.S.C. § 142*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IV-TAX EXEMPTION REQUIREMENTS FOR STATE AND LOCAL BONDS > Subpart A-Private Activity Bonds**

