Sentences with phrase «retroactive extension»
"Retroactive extension" refers to extending something, such as a deadline or a law, to cover a period in the past, rather than just the future. It means the effect of the extension will apply from a previous point in time. Full definition
Also, in December, the President signed a two - year retroactive extension of the Research and Development tax credit through 2011, providing important incentives for companies to invest in America's future.
obamawhitehouse.archives.gov
Despite a pattern of consistent, and even retroactive extensions, the uncertainty created by the political fight over extending the Production Tax Credit for wind power has caused nearly complete cessation of new wind facilities being brought on line each time the credit wasn't extended well in advance of expiration.
In the past, Congress has enacted retroactive extensions, but such actions can not be relied on for the future.
ALBANY, ALBANY: Last week, Governor Andrew Cuomo, Republican Senate Majority Leader John Flanagan, and Democratic Assembly Speaker Carl Heastie agreed on a short, retroactive extension of rent regulations through Tuesday.
When Congress returns for the start of the lame duck session this week, they will discuss whether to approve a retroactive extension of the expired Production Tax Credit (PTC), which primarily benefits foreign and domestic wind companies.
By passing a retroactive extension of the wind Production Tax Credit, Congress is taking money out of -LSB-...]
Furthermore, as I claimed in my previous post, it is arguable that EU law allows for a retroactive extension of limitation periods, but only if such an extension is limited and proportionate.
While Congress went on holiday break without taking action, it could revisit the issue as soon as next week, possibly passing a retroactive extension.