Income cap definition

Income cap means up to and including one hundred seventy-five thousand dollars of the payor's annual income; provided, however, beginning [January thirty-first] March first, two thousand [sixteen] eighteen and every two years thereafter, the income cap amount shall increase by the sum of the average annual percentage changes in the consumer price index for all urban consumers (CPI–U) as published by the United States department of labor bureau of labor statistics for the prior two years multiplied by the then income cap and then rounded to the nearest one thousand dollars. The office of court administration shall determine and publish the income cap.
Income cap means up to and including [five] THREE hundred
Income cap means up to and including one hundred [seventy-five] eighty-four thousand dollars of the payor's annual income; provided, however, beginning [January thirty-first]

Examples of Income cap in a sentence

  • Stage 2 child care recipients are working adults who need child care and whose income is below the 85% State Median Income cap.


More Definitions of Income cap

Income cap means up to and including [five hundred] ONE
Income cap means up to and including five hundred thousand dollars of
Income cap means up to and including TWO hundred
Income cap means up to and including five hundred thousand dollars of the payor's annual income; provided, however, beginning Janu-
Income cap means up to and including one hundred [seventy-five] eighty-four
Income cap. (National)’ means in the case of any other First Home eighty thousand pounds (£80,000) or such other sum as may be published for this purpose from time to time by the Secretary of State and is in force at the time of the relevant disposal of the First Home
Income cap means up to and including one hundred [seventy-five] seventy-