Economic impact means economic impact analyses that identify the value in terms of sales tax and income tax revenues to the state and to the local community of the establishment that the retention and expansion or modernization of the manufacturing site provides. The Oklahoma Department of Commerce may contract for the performance of an economic impact analysis to aid it in determining whether to enter into a quality investment agreement with a particular establishment, upon recommendation of the Quality Investment Committee;
Economic impact means a financial impact on:
Economic impact means the impact of a project or business on the state, a region, or locality, and may include, but not be limited to, the review of the type of industry, type of employment created, potential for growth, saturation in a particular market or saturation of a type of industry or employment in the state or a particular region or locality, direct, indirect, and induced employment creation, temporary employment and any other similar factors.
Examples of Economic impact in a sentence
Economic Impact There are no requirements for new funding associated with this report.
Economic Impact on Small Businesses The proposed action has minimal or no economic impact on small businesses.
The benefits likely exceed the costs for all proposed changes.Estimated Economic Impact.
Economic Impact This will be addressed when the technical report is completed.
The collection and recognition of the information collected with the Indiana Economic Impact form places a strong emphasis on the economic impact a project will have on Indiana and its residents regardless of where a business is located.
More Definitions of Economic impact
Economic impact means the direct financial result of visitor spending at a tourism destination, attraction or event.
Economic impact. The Project is not expected to have a negative impact on the U.S. economy. There is expected to be U.S. procurement associated with the Project that will have a positive impact on U.S. employment. The Project is expected to have a negative five-year U.S. balance of payments impact.
Economic impact means the direct financial outcome of visitor spending resulting from attendance at conventions, meetings, exhibitions, trade shows and events at the Convention Centers.
Economic impact shall have the meaning set forth in Section 6.3(a)(vi). “Economic Impact Dispute” shall have the meaning set forth in Section 6.3(a)(vii).
Economic impact. None at this time.
Economic impact. Summary Revenue Table ($ in Millions) Fiscal Year 2021-2022 2022-2023 2023-2024 Provision No. 1 – FTB Installment Agreement Expansion N/A N/A N/A Provision No. 2 – Revivors for Limited Liability Companies $0 +$9.2 +$9.4 Effective/Operative Date (All Provisions) This bill would be effective and operative January 1, 2024. ANALYSIS
Economic impact means all costs or all benefits (direct, indirect and