Code of Massachusetts Regulations
801 CMR - EXECUTIVE OFFICE FOR ADMINISTRATION AND FINANCE
Title 801 CMR 30.00 - Allocation Of State Ceiling On Volume Of Private Activity Bonds
Section 30.02 - Definitions
Unless otherwise provided, terms used in 801 CMR 30.00 shall have the meanings set forth in federal tax law. The following terms shall have the following meanings:
Annual State Ceiling. The state ceiling for private activity bonds subject to allocation in any calendar year.
Department of Housing and Community Development. The department headed by the Undersecretary for Housing and Community Development, established pursuant to M.G.L. c. 23B, § 1, for the purpose of, inter alia, advancing programs of open and adequate housing for all citizens of the Commonwealth.
Executive Office for Administration and Finance. The executive office headed by the secretary of administration, established pursuant to M.G.L. c. 7, § 2, for the purpose of, inter alia, developing, coordinating, administering and controlling the financial policies and programs of the Commonwealth.
Massachusetts Development Finance Agency. The body politic and corporate headed by a board of directors, established pursuant to the provisions of M.G.L. c. 23G, § 2, serving in its role as successor to the Massachusetts Industrial Finance Agency, as provided in M.G.L. c. 23G, § 2(j), for the purpose of, inter alia, borrowing money and issuing bonds for the purpose of financing industrial development facilities, pollution control facilities and waste disposal facilities.