### Question
What does qualified bond mean?


### Answer
**Qualified bond** has the following meaning in *26 U.S.C. § 141*:

> any private activity bond if—



#### (1) In general


Such bond is—



(A) an exempt facility bond,



(B) a qualified mortgage bond,



(C) a qualified veterans' mortgage bond,



(D) a qualified small issue bond,



(E) a qualified student loan bond,



(F) a qualified redevelopment bond, or



(G) a qualified 501(c)(3) bond

#### Citation:
  - *26 U.S.C. § 141*
  - 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**

