Revenue neutrality definition
Revenue neutrality means that both the Division of Administration and the Legislative Fiscal Office reasonably estimates that the cost to the state of the tax benefits provided to taxpayers pursuant to the provisions of this Chapter are likely to be offset by the economic impact on the state because of the tax benefits provided by this Chapter."
Revenue neutrality means a system in which all monetary expenditures that result from the development and operation of CHA units are returned through rents, payments on leasehold mortgages, or other specified subsidies;
Revenue neutrality means that the legislative auditor provides written certification to the secretary that the cost to the state of the premium tax credit provided to the investor pursuant to R.S. 22:832.1 will be offset by the revenue to be received by the state from the investments made in eligible businesses by the LEAD fund which received such investor's investment as provided for in the revenue impact assessment filed with the LEAD fund's application as provided for in R.S. 51:3125(A)(6)."
More Definitions of Revenue neutrality
Revenue neutrality means when certified sales and