Substantial economic impact definition
Substantial economic impact means a financial impact upon:
Substantial economic impact means an aggregate financial impact on all persons affected of at least one million dollars ($1,000,000) in a 12-month period (see G.S. 150B-21.4 (b1) for further clarification). Both costs and benefits must be included when estimating this financial impact. For example, a rule change with $600,000 of estimated benefits and
Substantial economic impact means the cost of a proposed project exceeds the community or facility's ability to pay for the project. The economic impact is determined by a financial analysis conducted on a proposed pollution control project in accordance with USEPA guidance (Interim Economic Guidance for Water Quality Standards Workbook. EPA-823-B-95-002, March 1995, as amended and supplemented, incorporated herein by reference).]*
More Definitions of Substantial economic impact
Substantial economic impact means a financial impact in excess of one hundred thousand dollars upon:
Substantial economic impact means an aggregate financial impact on all persons of at least $500,000 in a 12-month period.
Substantial economic impact means an aggregate financial impact on all persons af- fected of at least five hundred thousand dollars ($500,000) in a 12-month period. (See G.S. 150B-21.4 (b1) for further clarification). Both costs and benefits must be included when estimating this financial impact. For example, a rule change with $300,000 of es- timated benefits and $200,000 of estimated costs would have a substantial economic im- pact.