Sentences with phrase «maximum under the cap»

While most local governments increase property taxes by an amount less than the cap, the state will be locked into making payments at the maximum under the cap, Peters said.

Not exact matches

Under cap and trade, the government sets a maximum cap on the units of carbon dioxide that can be released into the atmosphere while providing permits to companies.
According to Dumoly, OJK will cap maximum loans offered by on - balance - sheet fintechs to gear them toward small amount lending, currently under - served by conventional financing institutions.
Under this income - driven repayment plan, your maximum monthly payment is capped at 15 percent of your discretionary income.
That means his maximum contract, under the current cap projection and CBA, would be for roughly 30 percent of the cap, coming in at around $ 29 million.
Over the next five seasons (when he would again be eligible to become a free agent) Hill could earn $ 56.25 million if he remained with Detroit, or $ 54 million if he jumped to Orlando or Chicago, the only teams that now have enough room under the cap to offer him the maximum salary.
When his contract expires this summer, the Rockets will be at least $ 11 million under the salary cap, which with minor tinkering would allow them to offer Webber the maximum $ 13 million in 2001 - 02.
So - called high needs schools will be able to raise a maximum of $ 10 more per pupil, while wealthy or low needs schools can raise up to $ 27 per student, under the cap.
At present, the maximum allowed statewide is 460, and the city's remaining available allotment under the cap is 25.
Presently, there are 210 public charter schools operating in New York City and the potential for 25 additional schools to be opened before hitting maximum capacity under the current cap.
A key statistic provided by the state Department of Education complicates the trend found in Figure 3: while state charter schools overall have a lengthy waitlist, not every charter school is at capacity, because the total number of students attending charter schools is lower than the total maximum enrollment allowed under charters authorized by the cap (Figure 6).
The Gross Loan Interest Rate under the Mass Solar Loan program is capped at WSJ Prime + 2.75 % so effective December 14th 2016 this cap is now 6.5 % (making the maximum Customer Interest rate 5 % after the Interest Rate Buy Down).
The Gross Loan Interest Rate under the Mass Solar Loan program is capped at WSJ Prime + 2.75 % so effective June 15 2017 this cap is now 7.00 % (making the maximum Customer Interest rate 5.50 % after the Interest Rate Buy Down).
Buyers will need to have reasonable credit and must have consistent income that comes in under a maximum cap, and you can't already own a home.
The maximum salary cap by the year 2039, when our hypothetical 45 - year - old will retire is estimated to be $ 126,900, meaning the maximum pension they could receive is around $ 32,700 a year, compared with $ 26,100 under the current plan.
Under the Affordable Care Act that Congress recently passed, all insurance policies created after 2010 are no longer able to cap the maximum lifetime limit.
Another way to view the premium assistance tax credit is simply to recognize that the formulas effectively cap the maximum amount of premiums that anyone (under 400 % of FPL) will be required to pay out of pocket.
Under the «cap and trade» principle, a maximum (cap) is set on the total amount of greenhouse gases that can be emitted by all participating installations.
Mr. Regar settled the patient's claim for $ 250,000, which was the maximum recovery under the California statute capping medical malpractice lawsuit recoveries.
Under his Accident Benefits claim, the plaintiff's monthly attendant care benefit was assessed at $ 9,500 (capped to the statutory maximum of $ 6000 per month).
Amendments to erase the previous $ 10,000 maximum cap on orders for unpaid wages to an employee under the ESA became law November 20, 2014.
Note that the maximum out - of - pocket is a consumer protection enacted under the ACA; previously plans didn't have to cap what a person would be required to spend on healthcare services.
Unfortunately, this is capped in a number of ways, including a maximum total payable of just $ 50,000 under this section.
Capping is the predefined limit fixed by insurance companies that dictates how much maximum cover you will get under your insurance plan.
The sum assured under this category starts from a minimum of Rs. 2,00,000 and there's no cap on the maximum sum assured limit.
An important point that needs to be noted here is that there is no cap on the maximum amount that is exempted under this section.
Under a unit linked child plan, maximum sum assured is capped at a certain multiple of annual premium.
Under changes that took effect in July, the maximum length of an insured mortgage was shortened to 25 years, and the amount homeowners could borrow with a home equity loan was capped.
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