26 USC § 54AA - Repealed. Pub. L. 115–97, title I, § 13404(a), Dec. 22, 2017, 131 Stat. 2138]
---
identifier: "/us/usc/t26/s54AA"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 54AA - Repealed. Pub. L. 115–97, title I, § 13404(a), Dec. 22, 2017, 131 Stat. 2138]"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "54AA"
section_name: "Repealed. Pub. L. 115–97, title I, § 13404(a), Dec. 22, 2017, 131 Stat. 2138]"
chapter_number: 1
chapter_name: "NORMAL TAXES AND SURTAXES"
subchapter_number: "A"
subchapter_name: "Determination of Tax Liability"
part_number: "IV"
part_name: "CREDITS AGAINST TAX"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
status: "repealed"
---
# [§ 54AA. Repealed. Pub. L. 115–97, title I, § 13404(a), Dec. 22, 2017, 131 Stat. 2138]
Section, added , , , related to build America bonds.
## Statutory Notes and Related Subsidiaries
### Effective Date of Repeal
Repeal applicable to bonds issued after , see , set out as a note under former .
### Transitional Coordination With State Law
, , , provided that, except as otherwise provided by a State after , the interest on any build America bond (as defined in former ) and the amount of any credit determined under such section with respect to such bond was to be treated for purposes of the income tax laws of such State as being exempt from Federal income tax.