State savings definition

State savings means any state fund net savings, calculated as of the closing of the financial books for the department at the end of each fiscal year, that result from the program described in this section. The savings shall result in a reduction in spending from the following state fund accounts: adult benefit waiver, non-Medicaid community mental health, and prisoner health care. Any identified savings from other state fund accounts shall be proposed to the house of representatives and senate appropriations committees for approval to include in that year's state savings calculation. It is the intent of the legislature that for fiscal year ending September 30, 2014 only, $193,000,000.00 of the state savings shall be deposited in the roads and risks reserve fund created in section 211b of article VIII of 2013 PA 59.
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State savings means any state fund net savings, calculated as of the closing of the financial books for the department at the end of each fiscal year, that result from the program described in this section. The savings shall result in a reduction in spending from the following state fund accounts: adult benefit waiver,
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State savings means any state fund net savings, calculated as of the closing of the financial books for the department of community health at the end of each fiscal year, that result from the program described in
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Examples of State savings in a sentence

  • The FDIC is the prudential regulator for any swap entity that is (i) a State-chartered bank that is not a member of the Federal Reserve System or (ii) a State savings association.

  • The term ‘‘State depository institution’’ means any State bank, any State savings as- sociation, and any insured branch which is not a Federal branch.

  • No State savings associa- tion shall sponsor an employee pension plan which, because of unreasonable costs or any other reason, could lead to material financial loss or damage to the sponsor.

  • No advisory board fees should exceed the director fees paid by the resulting State savings association.

  • The OTS’s supervisory functions relating to Federal savings associations were transferred to the OCC, while those relating to State savings associations were transferred to the FDIC.

  • All employ- ment contracts shall be in writing and shall be approved specifically by a State savings association’s board of di- rectors.

  • If the officer or employee is sus- pended and/or temporarily prohibited from participating in the conduct of the State savings association’s affairs by a notice served under section 8(e)(3) or (g)(1) of Federal Deposit Insurance Act (12 U.S.C. 1818(e)(3) and (g)(1)), the State savings association’s obligations under the contract shall be suspended as of the date of service unless stayed by appropriate proceedings.

  • A State savings associa- tion may enter into an employment contract with its officers and other em- ployees only in accordance with the re- quirements of this section.

  • If the officer or employee is re- moved and/or permanently prohibited from participating in the conduct of the State savings association’s affairs by an order issued under section 8 (e)(4) or (g)(1) of the Federal Deposit Insur- ance Act (12 U.S.C. 1818 (e)(4) or (g)(1)), all obligations of the State savings as- sociation under the contract shall ter- minate as of the effective date of the order, but vested rights of the con- tracting parties shall not be affected.

  • The making of such an employ- ment contract would be an unsafe or unsound practice if such contract could lead to material financial loss or dam- age to the State savings association or could interfere materially with the ex- ercise by the members of its board of directors of their duty or discretion provided by law, charter, bylaw or reg- ulation as to the employment or termi- nation of employment of an officer or employee of the State savings associa- tion.


More Definitions of State savings

State savings means any state fund net savings,
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Related to State savings

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Savings means the difference between the principal

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Group health plan means an employee welfare benefit plan as defined in section 3(1) of subtitle A of title I of the employee retirement income security act of 1974, Public Law 93-406, 29 USC 1002, to the extent that the plan provides medical care, including items and services paid for as medical care to employees or their dependents as defined under the terms of the plan directly or through insurance, reimbursement, or otherwise.

  • Electric related service means a service that is directly related

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • 401(k) Plan has the meaning set forth in Section 6.10.

  • Tobacco retailer means any Person who Sells, offers for Sale, or does or offers to exchange for any form of consideration, tobacco, Tobacco Products, or Tobacco Paraphernalia. “Tobacco Retailing” shall mean the doing of any of these things. This definition is without regard to the quantity of Tobacco Products or Tobacco Paraphernalia sold, offered for Sale exchanged, or offered for exchange.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Neighborhood electric vehicle means a self-propelled

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Renewable Energy Credits means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, allocated, assigned or otherwise awarded or certified by any Governmental Authority, program administrator, certification board or similar entity in connection with the production or generation of each MWh of energy from the Project. For the avoidance of doubt, “Renewable Energy Credits” shall not include any ITC, State Renewable Energy Incentives or other tax benefits, credits, or incentives.

  • State Systems means the information technology infrastructure, including the computers, software, databases, electronic systems (including database management systems) and networks, of the State or any of its designees.

  • Electric Service means the furnishing of electric power and energy for lighting, heating, power, or any other purpose for which electric power and energy can be used;

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Tax Savings means the difference between the dollar amount of real property taxes levied in any year on land valued and assessed in accordance with its current agricultural use value and the dollar amount of real property taxes that would have been levied upon such land if it had been valued and assessed for such year in accordance with Section 2 of Article XII, Ohio Constitution.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • AT&T KENTUCKY means the AT&T owned ILEC doing business in Kentucky.

  • Hybrid electric vehicle (HEV) means a hybrid vehicle where one of the propulsion energy converters is an electric machine.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • SSP is the amount of the Salary Severance Payment, before the deduction of applicable federal, state and local withholding taxes;

  • Group health benefit plan means any health care plan, subscription contract, evidence of