The changes reach bonds issued after this law passed
What the document says“The amendments made by this section shall apply to obligations issued after the date of the enactment of this Act.”
The section applies its amendments to obligations issued after the date of enactment.
What the document actually says“The amendments made by this section shall apply to obligations issued after the date of the enactment of this Act.”
That sentence, in plain words
The changes reach bonds issued after this law passed.
What this is about
Bonds issued before then are not touched. The old rules still hold for them. The date is the day this law passed.
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