# Prop. Treas. Reg. § 1.149(a)-1: Obligations required to be in registered form.

Proposed regulation, not in force. REG-125374-16, 82 FR 43720, published 2017-09-19 <https://www.federalregister.gov/documents/2017/09/19/2017-19753/guidance-on-the-definition-of-registered-form>. Interprets 26 U.S.C. § 149.

Par. 2. Section 1.149(a)-1 is added to read as follows:

(a) General rule. Interest on a registration-required bond shall not be exempt from tax notwithstanding section 103(a) or any other provision of law, exclusive of any treaty obligation of the United States, unless the bond is issued in registered form (as defined in § 1.163-5(b)). For this purpose, registration-required bond has the same meaning as registration-required obligation in § 1.163-5(a)(2).

(b) Applicability date. This section applies to bonds issued on or after the date 90 days after the publication of the Treasury decision adopting these rules as final regulations in the Federal Register . For bonds issued before the date 90 days after the publication of the Treasury decision adopting these rules as final regulations in the Federal Register , see § 5f.103-1 of this chapter.