EXPANSION OF QUALIFIED SMALL-ISSUE BOND PROGRAM.

SEC. 340. EXPANSION OF QUALIFIED SMALL-ISSUE BOND PROGRAM.(a) In General.—Section 144(a)(4) (relating to $10,000,000 limit in certain cases) is amended by adding at the end the following new subparagraph:“(G) Additional capital expenditures not taken into account.—With respect to bonds issued after September 30, 2009, in addition to any capital expenditure described in subparagraph (C), capital expenditures of not to exceed $10,000,000 shall not be taken into account for purposes of applying subparagraph (A)(ii).”.(b) Conforming Amendment.—Subparagraph (F) of section 144(a)(4) is amended by adding at the end the following new sentence: “This subparagraph shall not apply to bonds issued after September 30, 2009.”.