Withholding agreement means the agreement between a pilot project city, the economic development authority, and an employer concerning the targeted jobs withholding credit authorized in subsection 3.
Withholding agreement means an agreement authorized in rule 71.4(403) between a pilot project city and an employer concerning the targeted jobs withholding tax credit.
Withholding agreement means an agreement authorized in rule 261—71.4(403) between a pilot project city, the authority, and an employer concerning the targeted jobs withholding tax credit and that includes an application for a project that is the subject of a withholding agreement.
Examples of Withholding agreement in a sentence
Always have the client sign a VRA as well as the Voluntary Wage Withholding agreement.
Withholding agreement to standard and commonly imposed pre-commencement conditions (eg.
More Definitions of Withholding agreement
Withholding agreement means that certain letter agreement, dated February 16, 2022, by and between the Company and the Grantee with respect to the withholding of Class C common shares to satisfy award withholding requirements.
Withholding agreement means the agreement between a pilot project city and an employer concerning the targeted jobs withholding credit authorized in subsection 3.
2. a. An eligible city may apply to the department of economic development to be designated as a pilot project city. An eligible city is a city that contains three or more census tracts and is located in a county meeting one of the following requirements:
(1) A county that borders Nebraska.
(2) A county that borders South Dakota.
(3) A county that borders a state other than Nebraska or South Dakota.
(1) The department of economic development shall approve four eligible cities as pilot project cities, one pursuant to paragraph “a”, subparagraph (1), one pursuant to paragraph “a”, subparagraph (2), and two pursuant to paragraph “a”, subparagraph (3). If two eligible cities are approved which are located in the same county and the county has a population of less than forty-five thousand, the two approved eligible cities shall be considered one pilot project city. If more than two cities meeting the requirements of paragraph “a”, subparagraph (3), apply to be designated as a pilot project city, the department of economic development shall determine which two cities hold the most potential to create new jobs or generate the greatest capital within their areas. Applications from eligible cities filed on or after October 1, 2006, shall not be considered.
(2) If a pilot project city does not enter into a withholding agreement within one year of its approval as a pilot project city, the city shall lose its status as a pilot project city. If two pilot project cities are located in the same county, the loss of status by one pilot project city shall not cause the second pilot project city in the county to lose its status as a pilot project city. Upon such occurrence, the department of economic development shall take applications from other eligible cities to replace that city. Another city shall be designated within six months.
3. a. A pilot project city may provide by ordinance for the deposit into a designated account in the special fund described in section 403.19, subsection 2, of the targeted jobs withholding credit described in this section. The targeted jobs withholding credit shall be based upon the wages paid to employees pursuant to a withholding agreement.
Withholding agreement means an agreement authorized in rule 261—71.4(403) between a pilot project city, the authority, and an employer concerning the targeted jobs withholding tax credit and that includes an application for a project that is the subject of a withholding agreement.ITEM 2. Strike “department” wherever it appears in rules 261—71.2(403) and 261—71.3(403), paragraph 71.6(1)“a,” relettered paragraphs 71.6(1)“d” and “e,” and subrule 71.6(2), except in thephrases “department of management” and “department of revenue,” and insert “authority” in lieu thereof.ITEM 3. Amend rule 261—71.3(403), catchwords, as follows: 261—71.3(403) Application Pilot project city application process and review.ITEM 4. Amend subparagraph 71.3(1)“b”(2) as follows:(2) Planned and current projects. The city shall provide information on planned and current economic development projects that are taking place or will take place in an urban renewal area a pilot project city. The city shall demonstrate its ability to enter into a withholding agreement with an eligible business within one year of the city’s approval as a pilot project city.ITEM 5. Rescind subparagraph 71.3(1)“b”(4).ITEM 6. Renumber subparagraph 71.3(1)“b”(5) as 71.3(1)“b”(4). ITEM 7. Amend rule 261—71.4(403) as follows:261—71.4(403) Withholding agreements.71.4(1) Designated account. An approved pilot project city may provide by city ordinance for a designated account resolution for the deposit of funds generated through withholding agreements into a designated withholding project fund under the targeted jobs withholding tax credit program.71.4(2) Entering into a withholding agreement.
Withholding agreement means the agreement between a pilot project city and an em- ployer concerning the targeted jobs withholding credit authorized in subsection 3.
Withholding agreement means an agreement authorized in rule 261—71.4(403) between a pilot project city, the authority, and an employer concerning the targeted jobs withholding tax credit and that includes an application for a project that is the subject of a withholding agreement.ITEM 2. Strike “department” wherever it appears in rules 261—71.2(403) and 261—71.3(403), paragraph 71.6(1)“a,” relettered paragraphs 71.6(1)“d” and “e,” and subrule 71.6(2), except in the phrases “department of management,” “department of revenue,” and “department of workforce development,” and insert “authority” in lieu thereof.ITEM 3. Amend rule 261—71.3(403), catchwords, as follows: 261—71.3(403) Application Pilot project city application process and review.ITEM 4. Amend subparagraph 71.3(1)“b”(2) as follows:
Withholding agreement means the agreement between a pilot project city, the