Grandfathered Amounts
English translation: exempted from current legislation/regulation or given preferential treatment based on status under prior legislation/regulation
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| 11:09 Apr 7, 2009 |
| English language (monolingual) [PRO] Bus/Financial - Law: Taxation & Customs | |||||
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|  Selected response from: Deborah Workman United States Local time: 14:41 | ||||
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| SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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| 5 | amounts exempted from current legislation/regulation or given preferential treatment based on ... |
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| Discussion entries: 3 | |
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Answers
14 hrs confidence: 
| grandfathered amounts amounts exempted from current legislation/regulation or given preferential treatment based on ... Explanation: ... their status under prior legislation/regulation. Maureen got it right. She should have provided an answer here! I would have agreed with her. Here are many proofs and helps: A grandfather clause is a term used in U.S. English for an exception that allows an old rule to continue to apply to some existing situations ... http://en.wikipedia.org/wiki/Grandfathered Accepted as it was prior to a law implementing changes; an exception carried over. http://www.fundingwaschools.org/index_files/Glossary_Funding... grandfathering - When rules change, current participants remain unaffected and the new rules only apply to new participants. http://www.deha.org/Glossary/GlossaryG.htm grandfathering - An exemption based on circumstances previously existing. Under the NFIP, buildings located in Emergency Program communities and Pre-Flood Insurance Rate Map buildings in the Regular Program are eligible for subsidized flood insurance rates. ... http://www.floodsmart.gov/floodsmart/pages/glossary_A-I.jsp grandfathering - Specific situations that are allowed to continue while a law would make changes henceforth. http://www.leginfo.ca.gov/glossary.html |
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