Volume Cap means the amount or other limitation of ARRA Bonds allocated to each state and to counties and large municipalities within each state in accordance with Section 1400U-1(a)(4) of the Code, with respect to Recovery Zone Economic Development Bonds and Recovery Zone Facility Bonds, Section 54D(e)(1) of the Code, with respect to Qualified Energy Conservation Bonds, and any other section of the Code which imposes a volume cap limitation on any other Federal Bonds."
Volume Cap means the private activity bond volume cap for the state as computed under Section 146 of the code.
Volume Cap means, with respect to each calendar year, the principal amount of cap bonds that may be issued in the state in a calendar year as determined under the provisions of the tax act."
Examples of Volume Cap in a sentence
All other forms of government, such as local water districts or airport authorities, must apply for Volume Cap as a State Agency.
The State of Illinois (“the State”) has adopted procedures for the allocation of Volume Cap pursuant to the Illinois Private Activity Bond Allocation Act, 30ILCS 345 (the “Illinois Allocation Act”).
In addition, they require issuers within the State to report on reallocations and their use of Volume Cap.
The Governor’s Office is the entity charged with authority to allocate Volume Cap among the political subdivisions within the State.
MiFID II/MiFIR introduced a Double Volume Cap (‘DVC’) to curb “dark” trading by limiting, per platform and at EU level, the use of certain waivers from pre-trade transparency.
More Definitions of Volume Cap
Volume Cap means the dollar amount of any stimulus obligation allocated to the state or another public entity pursuant to the federal recovery and reinvestment act or any other federal law.
Volume Cap means the volume cap for Recovery Zone Bonds for the State as computed under Sections 1400U-1 through U-3 of the Code, the Notice and related regulations.
Volume Cap means the volume cap for Qualified Energy Conservation Bonds for the State as computed under Section 54D of the Code, the Notice and related regulations.
Volume Cap means the bond volume limitation imposed by 26 USC Section 54A, 26 USC Section 54D and Treasury Notice 2009-29.
Volume Cap means the private activity bond volume cap for the state as computed
Volume Cap means the volume cap under section 7;