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applicable income limit

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 142 — for purposes of this section

For purposes of paragraphs (3) and (4), the term “applicable income limit” means—

(A) the limitation under subparagraph (A) or (B) of paragraph (1) which applies to the project, or

(B) in the case of a unit to which paragraph (4)(B)(i) applies, the limitation which applies to such unit.