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Extension limitation definition

Extension limitation means (a) the lesser of 5% or the
Extension limitation means (a) the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year or (b) the rate of increase approved by voters under Section 18-205.
Extension limitation means (a) the lesser oE 5% or the

Examples of Extension limitation in a sentence

  • Extension limitation referendum provisionsA taxing district may determine that it needs more tax revenues than what the inflationary increase allows.

  • Extension limitation referendumSection 18-205 allows taxing district to ask voters to approve a higher inflationary in- crease than the PTELL allows.

  • As used16 in this Division 5:17 "consumer Price Index" means the consumer Price Index Eor18 All Urban consumers Eor all items published by the United19 States Department oE Labor.20 "Extension limitation" means (a) the lesser oE 5% or the21 percentage increase in the consumer Price Index during the22 12-month calendar year preceding the levy year or (b) the rate23 oE increase approved by voters under Section 18-205.

  • I.3 Extension limitation when filing a statement of opposition to a protocol application125 In respect of a Protocol application, the Registrar is not permitted, on application made to the Registrar, to extend, under section 47 of the Act, the two-month period referred to in subsection 38(1) of the Act by more than four months.


More Definitions of Extension limitation

Extension limitation means (a) the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year or (b)
Extension limitation means (a) the lesser oE 5% or the percentage increase in the consumer Price Index during the 12-month calendar year preceding the levy year or (b) the rate oE increase approved by voters under Section 18-205.
Extension limitation means, except as otherwise provided
Extension limitation means, for taxable year 2023 and
Extension limitation. , beginning in levy year 2017, means
Extension limitation. , beginning in levy year 2016, means
Extension limitation means, for taxable years prior to