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U <br />Bonds allocated to such issuer under § 14000-1. For this purpose, these designations, <br />including associated determinations of qualified economic development purposes, may <br />be made by an issuer in any reasonable manner as it shall determine in good faith in its <br />discretion, taking into account the special rules for eligible issuers under Section 5.04 of <br />this Notice. <br />.02 VOLUME CAP ALLOCATIONS IN GENERAL <br />Section 14000-1(a)(1)(A) provides that, subject to § 14000-1(a)(1)(B) (relating to <br />minimum allocations), generally, the Secretary shall allocate the $10 billion national <br />volume cap for Recovery Zone Economic Development Bonds and the $15 billion <br />national volume cap for Recovery Zone Facility Bonds among the States in the <br />proportion that each State's 2008 State employment decline bears to the aggregate of <br />the 2008 State employment declines for all of the States. Section 14000-1(a)(1)(B) <br />provides that the Secretary shall adjust the allocations under § 14000-1(a)(1)(A) for any <br />calendar year for each State to the extent necessary to ensure that no State receives <br />less than 0.9 percent of the national volume cap for Recovery Zone Economic <br />Development Bonds and 0.9 percent of the national volume cap for Recovery Zone <br />Facility Bonds. <br />Section 14000-1(a)(2) provides that for purposes of § 14000-1(a), the term <br />"2008 State employment decline" means, with respect to any State, the excess (if any) <br />of (A) the number of individuals employed in such State determined for December 2007, <br />over (B) the number of individuals employed in such State determined for December <br />2008. The volume cap allocations provided pursuant to this Notice are based on Local <br />Area Unemployment Statistics ("LAUS") data for December 2007 and December 2008 <br />15 <br />