# Qualified Zone Academy Bonds; Obligations of States and Political Subdivisions
> **IRS** · Final regulations and removal of temporary regulations. · Published 2010-07-30 · Effective 2010-07-30 · 75 FR 44901
## Document
- **Document number:** 2010-18678
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 75 FR 44901
- **CFR reference:** 26 CFR 1
- **Publication date:** 2010-07-30
- **Effective date:** 2010-07-30
- **Treasury docket:** TD 9495
## Abstract

This document removes the temporary regulations and provides final regulations that provide guidance to state and local governments that issue qualified zone academy bonds and to banks, insurance companies, and other taxpayers that hold those bonds on the program requirements for qualified zone academy bonds. The final regulations implement the amendments to section 1397E (discussed in this preamble) and provide guidance on the maximum term, permissible use of proceeds, and remedial actions for qualified zone academy bonds.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2010/07/30/2010-18678/qualified-zone-academy-bonds-obligations-of-states-and-political-subdivisions)
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