Sentences with phrase «from federal obligations»

In general, states are not permitted to impose an income tax on interest from federal obligations, even though this interest is subject to federal income tax.

Not exact matches

Applicants must be without decent, safe and sanitary housing; Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet; Agree to occupy the property as your primary residence; Have the legal capacity to incur a loan obligation; Meet citizenship or eligible noncitizen requirements; Not be suspended or debarred from participation in federal programs.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

Additionally, borrowers who plan to utilize a federal student loan forgiveness program are susceptible to legislative changes that could severely impact their chances of being released from obligations.

Having recently called out the federal government for failing to provide a justification for its decision to approve Shell's Jackpine mine oil sands expansion project (an approach that serves no interest other than the government's, as even industry would stand to benefit from knowing why one project is justified while another, e.g. Taseko's original Prosperity mine, is not), it was reassuring to see that at least this Joint Review Panel (JRP) shares my understanding of this obligation under the Canadian Environmental Assessment Act, 2012, SC 2012, c 19.

We could also incur an indemnification obligation for significant U.S. federal income tax liabilities resulting from actions taken by us under the tax indemnity and sharing agreement.

A total and permanent disability (TPD) discharge relieves you from having to repay a William D. Ford Federal Direct Loan (Direct Loan) Program loan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disability.

He said «Government has consistently honoured its obligations to Labour by ensuring monthly salaries are paid from the 100 % FAAC allocation to the State and the Budget Support Fund including over 70 % of other receivables (Excess Crude and Paris Club Reimbursement despite the Federal Government advice of 50 % payment therefrom for salaries).

In light of the tremendous public funding and strong support for vaccines from state and federal authorities, it is not clear whether immunization programs have a moral obligation to screen for genetic risk factors, even if screening is not cost - effective.

Students there, along with Native American children attending Bureau of Indian Education (BIE) schools and children from military families, are the few eligible populations to whom the federal government has a unique obligation to provide education services.

Dear Colleague Letters — Joint Guidance from the U.S. departments of Education and Justice The U.S. Departments of Education and Justice released joint guidance reminding states, school districts, and schools of their obligations under federal law to English language learners.

Public schools expend considerable resources identifying children eligible for special services, both because they are under an obligation to provide those services and because they receive additional funds from federal and state governments if a child is identified as having a disability that affects their learning.

A Horace Mann charter school shall not expend or incur obligations in excess of its budget request; provided, however, that a Horace Mann charter school may spend federal and state grants and other funds received independent of the school district not accounted for in the charter school's budget request without prior approval from the superintendent or the school committee.

(3) PRELIMINARY RATING OPINION LETTER. - The Secretary shall require each project applicant to provide a preliminary rating opinion letter from at least 1 rating agency -» (A) indicating that the senior obligations of the project, which may be the Federal credit instrument, have the potential to achieve an investment - grade rating; and» (B) including a preliminary rating opinion on the Federal credit instrument.»

(6) DEDICATED REVENUE SOURCES. - The applicable Federal credit instrument shall be repayable, in whole or in part, from -» (A) tolls;» (B) user fees;» (C) payments owing to the obligor under a public - private partnership; or» (D) other dedicated revenue sources that also secure or fund the project obligations.»

Generally applicable provisions» (A) DEFINITIONS. - In this chapter, the following definitions apply:» (1) CONTINGENT COMMITMENT. - The term «contingent commitment» means a commitment to obligate an amount from future available budget authority that is -» (A) contingent on those funds being made available in law at a future date; and» (B) not an obligation of the Federal Government.

The Federal credit instrument shall be repayable, in whole or in part, from tolls, user fees, or other dedicated revenue sources that also secure the project obligations.

Upon the lapse of any obligation limitation under subparagraph (A), the Secretary shall reduce proportionately the amount authorized to be appropriated from the Highway Trust Fund (other than the Mass Transit Account) for fiscal year 2012 to carry out each of the Federal - aid highway and highway safety construction programs (other than emergency relief and funds under the national highway performance program that are exempt from the fiscal year 2012 obligation limitation) by an aggregate amount equal to the amount of adjustment determined pursuant to paragraph (1)(D).

But I do believe that librarians and others should use whatever clout they can summon up to remind you of your social obligations, especially when Amazon may earn millions in tax money from some major Kindle - related federal contracts.

Minnesota requires an addback of the full federal tax exempt - interest dividend excluded from federal income if less than 95 % of the federal tax - exempt dividend is derived from Minnesota - source obligations.

Glass - Steagall Act of 1939: The federal law that prohibited banks from acting as dealers or underwriters in any securities other than general obligation municipal bonds.

• Be a citizen of US, US non-citizen or other Qualified Alien • Property must in designated rural area • Have income less than 115 % of the median income in the county • Must occupy the dwelling as primary residence • Must have the legal / financial capacity to incur loan obligations • Shouldn't be suspended or disqualified from participation in federal programs • Establish will to timely meet credit obligations

(3) You may owe taxes on the amount of forgiven debt from the short sale: although there is some recent federal law that may remove your tax obligations from a short sale, you should be cautious that the amount of the forgiven loan is not reported by your mortgage company as income to you.

Most states only exempt from income tax interest income originating from obligations of the federal government (treasuries), and their own state debt.

The Federal Reserve Board also announces plans to purchase federal agency discount notes (short - term debt obligations issued by Fannie Mae, Freddie Mac, and Federal Home Loan Banks) from primary dFederal Reserve Board also announces plans to purchase federal agency discount notes (short - term debt obligations issued by Fannie Mae, Freddie Mac, and Federal Home Loan Banks) from primary dfederal agency discount notes (short - term debt obligations issued by Fannie Mae, Freddie Mac, and Federal Home Loan Banks) from primary dFederal Home Loan Banks) from primary dealers.

Complete Federal income tax return If Federal Taxable Income is zero, calculate the loss amount by subtracting Form 1040 Line 42 from Line 41 or Form 1040A Line 26 from Line 25 Complete VT Form IN - 111 up to Line 13 Enter interest income from U.S. Obligations Complete Schedule IN - 153 for capital gain exclusion Complete your worksheet to determine the difference between Federal depreciation on equipment where bonus depreciation taken and depreciation on regular MACRS schedule.

What makes the Parent PLUS loan different from other federal student loans is that it's taken out by the parents, not the student; in fact, the student has no obligation to pay it back or deal with its maintenance.

Tax - exempt money market funds invest in securities that provide safety of principal, liquidity, and income exempt from federal income taxes by investing in short - term, high - rated municipal obligations.

The other half of the mix - the creative drive and sense of social obligation - came from the strong Protestant work ethic instilled in American artists by the experience of the Depression and the Federal Art Project of the 1930s.

Changing the point of obligation under the federal Renewable Fuel Standard (RFS)-- moving it closer to U.S. consumers — continues to distract from the real problems with the RFS that Congress should address, either by repealing or significantly reforming the program.

This ethos helped shape the 1938 Chandler Act, which allowed federal bankruptcy courts to clear a debtor's financial history and completely absolve him or her from certain obligations to creditors.

And while perpetrators may look to bankruptcy as a way to escape the financial obligations of a civil judgment against them, Grace points out that the federal Bankruptcy and Insolvency Act exempts civil damages arising out of sexual assaults from the debts released by a discharge under the Act.

* Reporting obligations may come from federal law, especially where there is no provincial private - sector privacy statute.

Disputes over support obligations require both parties to comply with their disclosure obligations, since both the Family Law Act and the Federal Child Support Guidelines both require the court to make determinations about a person's income based on their tax information, but the Income Tax Act does not permit a court to obtain that information directly from Canada Revenue.

Cruz Rico says that some general counsel for mining companies believe once they've gotten a concession to operate a mine, have signed a lease and have obtained permits from federal, state, and municipal authorities, they've fulfilled their obligations and don't need to continue talking with ejidatarios.

As discussed more below, what the obligation of the states to pay is mandatory, in contrast to the situation under the Articles of Confederation, the federal government has no practical means to collect from a state that defies its obligation and fails to pay.

This being a fundamental law of the Federal Government, it rests mainly for its execution, as has been held, on the judicial power of the Union, and so far as the rendition of fugitives from labor has become a subject of judicial action, the Federal obligation has been faithfully discharged.

In line with a growing trend reflected in decisions from state supreme courts (those in Georgia, Massachusetts and Oregon), as well as from several federal trial courts, the New York intermediate appeals court recognized that «attorneys who have sought the advice of their law firm's in - house general counsel on their ethical obligations in representing a firm client may [properly] invoke [the] attorney - client privilege to resist the client's demand for the disclosure of communications seeking or giving such advice.»

Article 95 of UAE Federal Law No. 18 of 1993 («UAE Commercial Transactions Law») stipulates that in commercial agreements, the limitation period for bringing a claim is 10 years from the date of performance of the relevant obligation.

Also, the law appears in direct conflict with 47 U.S.C. 230, a provision in the federal Communications Decency Act which provides intermediaries such as blogs, social networking sites and online publications with immunity from any legal obligations regarding the comments of downstream users.

Constitutional law: Métis leader Harry Daniels launched a constitutional challenge in 1999 against the federal government's exclusion of Métis and non-status Indians from its definition of the term «Indian» as it applies to rights and obligations under the Constitution.

As for special obligations arising from being the northernmost federal appellate judge in the United States, I feel a special obligation to release my staff from work and encourage them to walk outside to see the North American Championship dog mushing race that starts right outside my chambers.

You have to apply for total and permanent disability (TPD) discharge through the U.S. Department of Education, and TPD discharge includes relief from the following federal financial obligations:

This is not to say however that Self - Governance Tribes can not request assistance from Federal agencies for areas of legitimate policy and administrative concerns which are important to carrying out the Tribe's Compact responsibilities and obligations.

Mandatory sentencing laws can be differentiated from other state and territory laws that a federal government may not like, as they involve fundamental issues of compliance - of Australia - with human rights obligations.

Competition Bureau spokesperson Taylor Bildstein says TREB is still required to fulfill its obligations within the 60 days prescribed in the tribunal's order, unless TREB obtains an order from the Federal Court of Appeal within that timeframe temporarily staying the order.

Applicants must be without decent, safe and sanitary housing; Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet; Agree to occupy the property as your primary residence; Have the legal capacity to incur a loan obligation; Meet citizenship or eligible noncitizen requirements; and not be suspended or debarred from participation in federal programs.

Examples of disclosures pursuant to § 1026.38 (k)(2)(viii) include the satisfaction of outstanding liens imposed due to Federal, State, or local income taxes, real estate property tax liens, judgments against the seller reduced to a lien upon the property, or any other obligations the seller wishes the closing agent to pay from their proceeds at the real estate closing.

In general, the laws, rules and regulations that apply to our business practices include, without limitation, the federal Real Estate Settlement Procedures Act, the federal Fair Housing Act, the Dodd - Frank Act, and federal advertising and other laws, as well as comparable state statutes; rules of trade organization such as NAR, local MLSs, and state and local AORs; licensing requirements and related obligations that could arise from our business practices relating to the provision of services other than real estate brokerage services; privacy regulations relating to our use of personal information collected from the registered users of our websites; laws relating to the use and publication of information through the Internet; and state real estate brokerage licensing requirements, as well as statutory due diligence, disclosure, record keeping and standard - of - care obligations relating to these licenses.

Applicants must be without decent, safe and sanitary housing; Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet; Agree to occupy the property as your primary residence; Have the legal capacity to incur a loan obligation; Meet citizenship or eligible noncitizen requirements; Not be suspended or debarred from participation in federal programs.