The Treasurer, or his or her designee, is designated as the state official to certify that an issue of private activity bonds meets the requirements of Section 142(k) or Section 146 of the Internal Revenue Code of 1986, as amended, and to take any and all actions as may be necessary or appropriate in connection therewith.

(Amended by Stats. 2015, Ch. 277, Sec. 6. (AB 1195) Effective January 1, 2016.)