Income threshold definition

Income threshold means a combined disposable income equal
Income threshold means: (a) For taxes levied for collection
Income threshold means: (a) For taxes levied for collection in calendar years prior to 2020, a combined disposable income equal to forty-five thousand dollars; and (b) for taxes levied for collection in calendar year 2020 and thereafter, a combined disposable income equal to the greater of the income threshold for the previous year, or seventy-five percent of the county median household income, adjusted every five years beginning August 1, 2019, as provided in RCW 84.36.385(8). Beginning with the adjustment made by March 1, 2024, as provided in RCW 84.36.385(8), and every second adjustment thereafter, if the income threshold in a county is not adjusted based on percentage of county median income as provided in this subsection, then the income threshold must be adjusted based on the growth of the consumer price index for all urban consumers (CPI-U) for the prior twelve-month period as published by the United States bureau of labor statistics. In no case may the adjustment be greater than one percent. The adjusted threshold must be rounded to the nearest one dollar. If the income threshold adjustment is negative, the income threshold for the prior year continues to apply.

Examples of Income threshold in a sentence

  • During your payment obligation, you will not make monthly payments during months in which you meet certain criteria, such as going back to school or earning below an Earned Income threshold (each a “Deferment Period”).

  • Applicant's annual gross income meets Moderate Income threshold 0 or 10Income guidelines are based on Department of Housing and Urban Development (HUD) Housing Assistance programs as approved by the Nebraska Department of Economic Development (DED).

  • Santander shall not purchase a Loan if the Consumer’s Debt to Income exceeds the Debt to Income threshold.

  • Santander shall set a reasonable Debt to Income threshold to ensure that Santander is reasonably evaluating a Consumer’s ability to pay.

  • The portion of the regular property taxes authorized pur- suant to RCW 84.55.050 to remove the property tax levy limit (lid lift) approved by the voters, if the legislative authority of the county or city imposing the additional regular property taxes identi- fied this exemption in the ordinance placing the lid lift measure on the ballot.(b) Income threshold 2.


More Definitions of Income threshold

Income threshold means, with respect to any CFC Holdco or CFC, as applicable, an amount to be mutually agreed. “subsidiary(ies)” has the meaning assigned to such term in the Pre-Petition Credit Agreement.
Income threshold means a fixed dollar amount that, if a
Income threshold means the product of (i) the number of Units sold to the Underwriters upon exercise of the Underwriters’ over-allotment option, and (ii) $0.20. (If the Underwriters’ over-allotment option is not exercised, the Income Threshold shall be zero.)
Income threshold. ’ means the assessment of a patient according to the actual income of a person as determined by Statistics South Africa. In regulation 2 by the insertion after the definition of ‘‘immunisation tariff’’ of the following definition:
Income threshold means a fixed dollar amount that is the
Income threshold. (“trothwy incwm”) means the income threshold as determined from time to time pursuant to Section 7(1)(a) of the Tax Credits Act 2002(3);
Income threshold means a gross household income of 80 percent of the median household income in the City of White Rock Income as defined by and based on data published in the most recent Census of Canada, or if such data is not currently published, by the Province of British Columbia, or if such data is not currently published, by the CMHC, from time to time;