California Code, Health and Safety Code - HSC § 50172

(a) “Certificate credit rate” means the rate of the credit allowed by this chapter which is specified in the mortgage credit certificate.

(b) “Certified indebtedness amount” means the amount of indebtedness which meets both of the following criteria:

(c) “Committee” means the California Debt Limit Allocation Committee established pursuant to Section 50199.8.

(d) “Federal act” means, for purposes of mortgage credit certificates, Section 612 of the Tax Reform Act of 1984 (Public Law 98-369).

(e) “Issuer” means a state agency or local agency and includes a redevelopment agency, housing authority or other local entity, authorized by state law to issue qualified mortgage bonds, to which the committee has assigned an allocation under this chapter.

(f) “Mortgage credit certificate” means any certificate which does all of the following:

(g) “Mortgage credit certificate program” means any program established by the state or a local agency for any calendar year in which the state or a local agency is authorized to issue qualified mortgage bonds and under which the issuing agency elects not to issue an amount of qualified mortgage bonds it may otherwise issue during the calendar year.