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 a financial impact in excess of one hundred thousand dollars upon:

Examples of Substantial economic impact in a sentence

  • The State of North Carolina requires calculating whether a new or revised regulation has a “substantial economic impact.” Substantial economic impact is defined in North Carolina’s Administrative Procedures Act in NC General Statute 150B-21.4, Fiscal and Regulatory Impact Analysis on Rules as an aggregate financial impact on all persons affected of at least one million dollars in a 12-month period.

  • Creech, Rule-Making Coordinator, 919-807-2425 Rule Title: Clean Water Bond ActRule citation: 01A NCAC 22 .0101-.0102, .0201- .0209, .0301-.0303, .0401 -.0403, .0501-.0506,.0601 -.0606, .0701 -.0704, .0801- .0802, .0901 -.0906, .1001 -.1002, .1101- .1103Statutory Authority: S.L. 1977, Ch. 677; S.L 1981, Ch. 993, s.8, s.14; G.S. 133-24State impact: No Local impact: NoFederal government impact: No Substantial economic impact: No Description of rule change: Repeal.

  • Creech, Rule-Making Coordinator, 919-807-2425 Rule Title: Low-Level Radioactive Waste Management AuthorityRule citation: 01A NCAC 37 .0101-.0103; .0201-.0208; .0301- .0307Statutory Authority: G.S. 104G-4; 104G-6; 104G-6(a); 104G-6(a)(2); 104G-6(a)(20); 104G-7; 104G-9; 104G-11(b); 104G-19; 104G-23(a); 143-318.11; 143-318.12; 150B-11; 105B-21.2;150B-21.6State impact: No Local impact: NoFederal government impact: No Substantial economic impact: No Description of rule change: Repeal.

  • Creech, Rule-Making Coordinator, 919-807-2425 Rule Title: Regional Water Supply Planning Act of 1971Rule citation: 01 NCAC 23 .0101-.0108 Statutory Authority: G.S. 162A-20 to 162A-25 State impact: NoLocal impact: NoFederal government impact: No Substantial economic impact: No Description of rule change: Repeal.

  • State funds affected Environmental permitting of DOT affected Analysis submitted to Board of Transportation Local funds affected Substantial economic impact $1,000,000) No fiscal note required by G.S. 150B -21.4 more patients in a 24-hour period per dispensing site, the pharmacist-manager shall verify the accuracy of the records within 24 hours after dispensing occurs.

  • State funds affected (09E .0104, .0105) Minimal ImpactEnvironmental permitting of DOT affected Analysis submitted to Board of TransportationLocal funds affected (09E .0104, .0105) Minimal ImpactDate submitted to OSBM: 9/11/12 Substantial economic impact (≥$500,000) Approved by OSBMNo fiscal note required by G.S. 150B-21.4 Note from the Codifier: The notices published in this Section of the NC Register include the text of proposed rules.

  • Creech, Rule-Making Coordinator, 919-807-2425 Rule Title: Regional Sewage Disposal Planning Act of 1971Rule citation: 01A NCAC 24 .0101-.0107 Statutory Authority: G.S. 162A-26 to 162A-30 State impact: NoLocal impact: NoFederal government impact: No Substantial economic impact: No Description of rule change: Repeal.


More Definitions of Substantial economic impact

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.
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).]*
Substantial economic impact means an aggregate financial impact on all persons of at least $500,000 in a 12-month period.

Related to Substantial economic impact

  • Special Economic Zone means each Special Economic Zone notified under the proviso to sub-section (4) of section 3 and sub-section (1) of section 4 (including Free Trade and Warehousing Zone) and includes an existing Special Economic Zone;

  • Regional economic integration organization means an organization constituted by sovereign States of a given region to which its member States have transferred competence in respect of matters governed by this Convention and which has been duly authorized, in accordance with its internal procedures, to sign, ratify, accept, approve or accede to this Convention;

  • freezing of economic resources means preventing the use of economic resources to obtain funds, goods or services in any way, including, but not limited to, by selling, hiring or mortgaging them;

  • exclusive economic zone ’ means the zone established by Presidential Proclamation Numbered 5030, dated March 10, 1983, including the ocean waters of the areas referred to as ‘‘eastern special areas’’ in Article 3(1) of the Agreement between the United States of America and the Union of Soviet Socialist Re- publics on the Maritime Boundary, signed June 1, 1990;

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Net Economic Return shall have the meaning ascribed to such term in paragraph 2 of Exhibit E to the Lease.

  • Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • Minimum Generation Emergency means an Emergency declared by the Office of the Interconnection in which the Office of the Interconnection anticipates requesting one or more generating resources to operate at or below Normal Minimum Generation, in order to manage, alleviate, or end the Emergency.

  • Greatest economic need means the need resulting from an annual income level at or below the official poverty guideline as defined in IAPI issued by the department.

  • Indian-owned economic enterprise means any Indian-owned (as determined by the Secretary of the Interior) commercial, industrial, or business activity established or organized for the purpose of profit, provided that Indian ownership constitutes not less than 51 percent of the enterprise.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Safeguarding and promoting the welfare of children means: • Protecting children from maltreatment• Preventing impairment of children’s mental or physical health or development• Ensuring that children grow up in circumstances consistent with the provision of safe and effective care• Taking action to enable all children to have the best outcomes

  • U.S. Economic Sanctions is defined in Section 5.16(a).

  • Core academic subjects means English, reading or language arts, mathematics, science, foreign languages, civic and government, economics, arts, history, and geography.

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Licensed Practical Nurse (LPN means a Practical Nurse who has completed a certificate program and passed the practical nurse licensure exam as required by the WY State Board of Nursing.

  • Socially and economically disadvantaged individual means any individual who is a citizen (or lawfully admitted permanent resident) of the United States and who is —

  • Partnership Unit Economic Balance means (i) the Capital Account balance of the General Partner plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in each case to the extent attributable to the General Partner’s Partnership Units divided by (ii) the number of the General Partner’s Partnership Units.

  • Socially and Economically Disadvantaged Individuals means those individuals who are citizens of the United Stated (or lawfully admitted permanent residents) and who are women, Black Americans, Hispanic Americans, Native Americans, Asian-Pacific Americans, or Asian-Indian Americans and any other minorities of individuals found to be disadvantaged by the Small Business Administration pursuant to Section 8 (a) of the Small Business Act, RIPTA shall make a rebuttal presumption the individuals in the following groups are socially and economically disadvantaged. RIPTA may also determine, on a case-by-case basis, that individuals who are not a member of one of the following groups are socially and economically disadvantaged:

  • Project Implementing Entity’s Legislation means the Charter of the Municipal Development Fund established pursuant to Decree No. 118 of the Government of Georgia dated July 23, 2005, as amended to date.

  • Established geographic service area means a geographic area, as approved by the Commissioner and based on the carrier's certificate of authority to transact insurance in this state, within which the carrier is authorized to provide coverage;

  • Maximum Generation Emergency means an Emergency declared by the Office of the Interconnection to address either a generation or transmission emergency in which the Office of the Interconnection anticipates requesting one or more Generation Capacity Resources, or Non- Retail Behind The Meter Generation resources to operate at its maximum net or gross electrical power output, subject to the equipment stress limits for such Generation Capacity Resource or Non-Retail Behind The Meter resource in order to manage, alleviate, or end the Emergency.

  • Capital Account Limitation has the meaning provided in Section 4.5(b) hereof.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.