Authority as state issuing agency and housing credit agency

The authority is an agency of the state which is an issuing authority within the meaning of § 146 of the Internal Revenue Code of 1986 and the State Housing Credit Agency within the meaning of § 42(h)(7)(A) of the Internal Revenue Code of 1986. The authority may administer the provisions of § 42 of the Internal Revenue Code of 1986. Source: SL 1981, ch 221 , § 2; SDCL Supp, § 28-19-39.4; SL 1984, ch 106 , § 2; SL 1987, ch 118 , § 3; SL 2012, ch 78 , § 26.