State ceiling definition

State ceiling means the aggregate amount of certain private activity bonds, including qualified mortgage bonds, that may be issued in any calendar year in this state pursuant to section 146 of the internal revenue code of 1986, 26 USC 146.
State ceiling means the State’s housing credit ceiling established pursuant to Section 42(h)(3)(C) of the Code.
State ceiling means the State housing credit ceiling established in Section 42(h)(3)(C) of the Code.

Examples of State ceiling in a sentence

  • This insurance supplements the state WAO benefit to secures a continuation of income of up to 70% of last salary up to a maximum salary NLG 83,275 in 2000 (State ceiling) * For employees with an annual salary above the State ceiling an additional disability pension of up to 70% of the excess salary is provided.


More Definitions of State ceiling

State ceiling means the amount of Qualified Private Activity Bonds that can be issued in California for each calendar year specified by 26 U.S.C. section 146(d), and the amount reserved to California pursuant to sections 1112 and 1401 of the American Recovery and Reinvestment Act of 2009 as established by and announced by the Committee in accordance with article 2 of this chapter.
State ceiling means the same as defined in section 146(d) of the Internal Revenue Code.
State ceiling means the limit of the aggregate amount for the applicable year of restricted bonds (exclusive of carryforward and refunding bonds) that may be issued by all issuers within the state, as prescribed by the act.
State ceiling means the dollar limit of the aggregate amount of private activity bonds that may be issued in this state pursuant to section 146 of the code for each calendar year, beginning in 1988.
State ceiling means the volume limitation for each
State ceiling means the limit which is prescribed by the
State ceiling means the dollar limit of the aggregate