(iv) the bond is a general obligation of such State and is in registered form (within the meaning of section 149(a)), (v) the maturity of such bond does not exceed 15 years, and (vi) the bond is issued after the designation of such zone goes into effect under section 1397G, and before such designation ends under section 1397G(c). (B) Aggregate limit on bond designations The maximum aggregate face amount of bonds which may be designated under this subsection by the Governor of a State shall not exceed $100,000,000 per community economic assistance area located in the State. (C) Special rules relating to arbitrage A bond which is part of an issue shall not be treated as a community economic support bond unless, with respect to the issue of which the bond is a part, the issuer satisfies the arbitrage requirements of section 148 with respect to proceeds of the issue and any loans made with such proceeds. (3) Excepted taxpayers Paragraph (1) shall not apply in the case of an excepted taxpayer described in subsection (g). (f) Qualified community economic assistance zone property For purposes of this section, the term qualified community economic assistance zone property means any property which would be qualified zone property for purposes of section 1397D if such section were applied by substituting community economic assistance zone for empowerment zone each place it appears. (g) Taxpayers excepted With respect to any community economic assistance zone, an excepted taxpayer described in this subsection is— (1) an entity that operates a facility in such zone with respect to which a notice under section 3 of the Worker Adjustment and Retraining Notification Act ( 29 U.S.C. 2102 ) was issued, if such notice caused the region to be designated as such a zone, and (2) any entity that would be treated as a single employer with such an entity under the rules of subsection (a) or (b) of section 52 or subsection (m) or (o) of section 414. . (b) Clerical amendment The table of subchapters for chapter 1 of the Internal Revenue