Federal credit definition

Federal credit means the Low Income Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.

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Federal credit means the 4% Credit and/or 9% Credit, as specified or implied in context.

Federal credit means (a) for a transfer, the maximum amount

Examples of Federal credit in a sentence

The STLP is subject to the require- ments of the Federal Credit Reform Act of 1990 (FCRA) that includes cer- tain budgeting and accounting require- ments for Federal credit programs.
NCUA regulates, charters and insures the nation’s Federal credit unions.
This part describes the requirements that must be followed to accomplish the voluntary liquidation of a Federal credit union.
Fi- ▇▇▇▇▇, the prohibited use of prior home ownership does not preclude a Federal credit union from considering an appli- cant’s payment history on a loan which was made to obtain a home.
It is not intended to re- quire loans in those areas that are geo- graphically remote from the FCU’s main or branch offices or that con- travene the parameters of a Federal credit union’s charter.

More Definitions of Federal credit

Federal credit means the credit allowed under section 47(a)(2) of the Internal Revenue Code.

Federal credit means the maximum amount of the credit for state death taxes allowable by § 2011

Federal credit means the credit allowed under section 47(a) of the Internal Revenue Code, except that the amount allowed is deemed to be allocated in the taxable year that the project is placed in service.

Federal credit means the maximum amount of the credit for state death taxes allowable by § 2011 of the United States Internal Revenue Code of 1954, as amended or renumbered, or successor provision, in respect to a decedent's taxable estate. The term "maximum amount" shall be construed as to take full advantage of such credit as the laws of the United States may allow. In no event, however, shall such amount be less than the federal credit allowable by § 2011 of the Internal Revenue Code as it existed on January 1, 1978.

Federal credit means the maximum amount of the credit for state death taxes allowable by Internal Revenue Code Section 2011. The term “maximum amount” must be construed so as to take full advantage of the credit as allowed by the Internal Revenue Code Section 2011, but (a) only after taking into account other federal estate tax credits permitted by the Internal Revenue Code and (b) not in excess of the amount necessary to reduce the federal estate tax to zero.

Federal credit means the maximum amount of the credit for state death taxes allowable by Section 2011 of the Internal Revenue Code. The term "maximum amount" shall be construed so as to take full advantage of the credit as allowed by the Internal Revenue Code;

Federal credit means the 4% Credit and/or 9% Credit, as specified or implied in context the Georgia Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.