Law Dictionary

For purposes of this section, the term “qualified sound recording production” means a sound recording (as defined in section 101 of title 17 , United States Code) produced and reco

For purposes of this section, the term “qualified special purpose distribution” means any distribution to which subparagraph (F) of section 72(t)(2) applies.

The term “qualified sponsorship payment” means any payment made by any person engaged in a trade or business with respect to which there is no arrangement or expectation that such

For purposes of this subsection, the term “qualified spousal property” means— (A) outright transfer property, and (B) qualified terminable interest property.

The term “qualified SSI recipient” means any individual who is certified by the designated local agency as receiving supplemental security income benefits under title XVI of the So

The term “qualified startup costs” means any ordinary and necessary expenses of an eligible employer which are paid or incurred in connection with— (i) the establishment or adminis

For purposes of this subparagraph, the term “qualified State” means, with respect to a calendar year, any State— (I) which allocated its entire State housing credit ceiling for the

The term “qualified state and local tax benefit” means any reduction or rebate of a tax described in paragraph (1), (2), or (3) of section 164(a) provided by a State or political d

the term “qualified State beef council” means a beef promotion entity that is authorized by State statute or is organized and operating within a State, that receives voluntary cont

For purposes of this section, the term “qualified State declared disaster” means, with respect to any State, any natural catastrophe (including any hurricane, tornado, storm, high

The term “qualified State expenditures” means, with respect to a State and a fiscal year, the total expenditures by the State during the fiscal year, under all State programs, for

For purposes of this paragraph, the term “qualified State long-term care insurance partnership” means an approved State plan amendment under this subchapter that provides for the d

For the purpose of division (i) of this subparagraph, the term “qualified State obligation” means— (I) an obligation of the Maine Educational Loan Marketing Corporation to the Stud

In this section, the term “qualified State or local development company” has the meaning given the term in section 697(e) of this title . / For purposes of this section, the term “

For purposes of this paragraph, the term "qualified State or local government retiree group" means all of the individuals who retire prior to a specified date that is bef

For purposes of subparagraph (B)(i)(I), the term “qualified State or local government retirement system” means a retirement system that— (i) is established or maintained by a State

The term “qualified State or local political organization” means a political organization— (i) all the exempt functions of which are solely for the purposes of influencing or attem

The term “qualified State sheep board” means a sheep and wool promotion entity that— (A) is authorized by State statute or is otherwise organized and operating within a State; (B)

The term “qualified State soybean board” means a State soybean promotion entity that is authorized by State law. If no such entity exists in a State, the term “qualified State soyb

For purposes of subparagraph (A), the term “qualified stock” means any stock in a C corporation which is a domestic corporation and which is not a regulated investment company or r

The term “qualified stock purchase” means any transaction or series of transactions in which stock (meeting the requirements of section 1504(a)(2)) of 1 corporation is acquired by

The term “qualified student loan bond” means any bond issued as part of an issue the applicable percentage or more of the net proceeds of which are to be used directly or indirectl

The term "qualified student loan payment" means a payment made by an employee in repayment of a qualified education loan (as defined in section 221(d)(1)) incurred by the

As used in this subsection, the term “qualified student loans” means— (A) any loan made, insured, or guaranteed pursuant to title IV of the Higher Education Act of 1965 ( 20 U.S.C.

For purposes of this paragraph, the term “qualified subchapter S subsidiary” means any domestic corporation which is not an ineligible corporation (as defined in paragraph (2)), if

For purposes of this subsection, the term "qualified subchapter S trust" means a trust— (A) the terms of which require that— (i) during the life of the current income ben

The term "qualified subcontractor" means a subcontractor that will deliver the vessel or vessels awarded under a covered contract to the Navy.

The term “qualified subprime loan” means an adjustable rate single-family residential mortgage loan made after December 31, 2001, and before January 1, 2008, that the bond issuer d

For purposes of this subparagraph, the term “qualified subsidiary” means any corporation if, at all times during the period such corporation was in existence, 100 percent of the st

The term “qualified substitute” means, with respect to a disposition of a United States real property interest— (A) the person (including any attorney or title company) responsible

As used in this section, the terms “qualified successor to the Heye Foundation at Audubon Terrace”, “qualified successor”, and,1 “successor” mean an organization described in secti

As used in this section, the terms “qualified successor to the Heye Foundation at Audubon Terrace”, “qualified successor”, and,1 “successor” mean an organization described in secti

The term “qualified summer youth employee” means any individual— (i) who performs services for the employer between May 1 and September 15, (ii) who is certified by the designated

For purposes of subparagraph (A), the term "qualified sums" means, with respect to a State and a quarter, the amount equal to the amount (if any) by which the sums expend

For purposes of this paragraph, the term "qualified supplemental benefit" means any supplemental benefit described in subparagraph (C) if— (i) there is a separately ident

The term “qualified supplemental nutrition assistance program benefits recipient” means any individual who is certified by the designated local agency— (i) as having attained age 1

In this subparagraph, the term “qualified supplier” means any entity that is accredited by the American Board for Certification in Orthotics and Prosthetics, Inc. or by the Board f

For purposes of paragraph (1), the term “qualified survivor moving expenses” means moving expenses— (A) which are paid or incurred by the spouse or any dependent of any decedent wh

The term “qualified tangible property” means any tangible property used by the possession corporation in a possession of the United States in the active conduct of a trade or busin

For purposes of subparagraph (A), the term “qualified tax” means a tax paid to a foreign country (other than the foreign country referred to in subparagraph (A)) if— (i) the divide

For purposes of subparagraph (A), the term “qualified taxable year” means any taxable year for which the taxpayer chose the benefits of this subpart.

For purposes of this section, the term “qualified tax collection contract” means any contract which— (1) is for the services of any person (other than an officer or employee of the

For purposes of subparagraph (A), the term “qualified tax-exempt obligation” means a tax-exempt obligation— (I) which is issued after August 7, 1986, by a qualified small issuer, (

the term “qualified tax-exempt organization” means an employer that is an organization described in section 501(c) and exempt from taxation under section 501(a), and

For purposes of paragraph (1), with respect to an accident or health plan described in paragraph (2), the term “qualified taxpayer” means a taxpayer who is— (A) an employee, or (B)

The term “qualified teaching health center” has the meaning given the term “teaching health center” in section 293 l –1 of this title.

The term “qualified technical assistance provider” means an entity with demonstrated expertise in assistive technology and that has (directly or through grant or contract)— (A) exp

The term “qualified technological equipment” means— (i) any computer or peripheral equipment, (ii) any high technology telephone station equipment installed on the customer's premi

The term “qualified temporary investment income” means any income which— (I) is attributable to stock or a debt instrument (within the meaning of section 1275(a)(1)), (II) is attri

“qualified tenant” means any individual or family having an income which would qualify such individual or family for assistance under section 1437f of title 42 , except that such t

The term “qualified terminable interest property” means property— (i) which passes from the decedent, and (ii) in which the surviving spouse has a qualifying income interest for li

The term “qualified tertiary injectant expenses” means any cost paid or incurred (whether or not chargeable to capital account) for any tertiary injectant (other than a hydrocarbon

The term “qualified thrift investments” means, with respect to any savings association, the assets of the savings association that are described in clauses (ii) and (iii). / the te

For purposes of this section, the term “qualified timber gain” means, with respect to any taxpayer for any taxable year, the excess (if any) of— (A) the sum of the taxpayer’s gains

The term “qualified timber property” has the meaning given such term in section 194(c)(1). / The term “qualified timber property” means a woodlot or other site located in the Unite

Whatever the nature of the interest of a riparian owner in the submerged lands in front of his upland bordering on a public navigable water, his title is not as full and complete a

For purposes of this subsection, the term “qualified trade or business” means any trade or business other than— (A) any trade or business involving the performance of services in t

The term “qualified training program” means a training program in corrosion control, mitigation, and prevention that is— (A) offered or accredited by an organization that sets indu

For purposes of this subsection, the term “qualified transfer” means any amount paid on behalf of an individual— (A) as tuition to an educational organization described in section

For purposes of this section, the term “qualified transportation fringe” means any of the following provided by an employer to an employee: (A) Transportation in a commuter highway

the term “qualified trust” has the meaning given such term by section 402(c)(8) of the Internal Revenue Code of 1986. / “qualified trust” means a trust established under an employe

For purposes of paragraph (1), the term “qualified tuition and related expenses” means— (A) tuition and fees required for the enrollment or attendance of a student at an educationa

The term “qualified tuition program” means a program established and maintained by a State or agency or instrumentality thereof or by 1 or more eligible educational institutions— (

For purposes of this subsection, the term “qualified tuition reduction” means the amount of any reduction in tuition provided to an employee of an organization described in section

The term “qualified United States savings bond” means any United States savings bond issued— (A) after December 31, 1989, (B) to an individual who has attained age 24 before the da

The term “qualified urban youth corps” means any program established by a State or local government or by a nonprofit organization that— (A) is capable of offering meaningful, full

For purposes of this section, the term “qualified use” means the devotion of the property to any of the following: (A) use as a farm for farming purposes, or (B) use in a trade or

For purposes of this paragraph, the term “qualified vehicle” means any— (i) motor vehicle manufactured primarily for use on public streets, roads, and highways, (ii) boat, or (iii)

Qualified vessel.—The term "qualified vessel" means— (A) a vessel— (i) constructed in the United States (and, if reconstructed, reconstructed in the United States), const

For purposes of this subsection, the term “qualified veteran” means any veteran who— (A) served on active duty, and (B) applied for the financing before the date 25 years after the

For purposes of this part, the term “qualified veterans’ mortgage bond” means any bond— (1) which is issued as part of an issue 95 percent or more of the net proceeds of which are

The term “qualified volunteer emergency response organization” means any volunteer organization— (A) which is organized and operated to provide firefighting or emergency medical se

For purposes of this subsection, the term "qualified volunteer fire department" means, with respect to a political subdivision of a State, any organization— (A) which is

Same as Qualified elector.

The term “qualified wages” means wages paid or incurred by the employer to individuals who are New York Liberty Zone business employees of such employer for work performed during c

The term “qualified wholesale handler” means a person in business as a floral wholesale jobber or floral supplier that is subject to assessments as a qualified handler under the or

The term “qualified Wilma distribution” means any distribution (other than a qualified Katrina distribution or a qualified Rita distribution)— (i) described in section 401(k)(2)(B)

For purposes of this paragraph, the term "qualified wireless spectrum" means wireless spectrum which— (i) is used in the trade or business of a wireless telecommunication

The term “qualified woodland” means any real property which— (i) is used in timber operations, and (ii) is an identifiable area of land such as an acre or other area for which reco

The term “qualified work of art” means any archaeological, historic, or creative tangible personal property.

For purposes of this subchapter, the term “qualified written notice of allocation” means— (A) a written notice of allocation which may be redeemed in cash at its stated dollar amou

The term “qualified youth or conservation corps” means any program established by a State or local government, by the governing body of any Indian tribe, or by a nonprofit organiza

The term “qualified zone” means the Great Lakes Waterway and the St. Lawrence Seaway.

The term “qualified zone academy” means any public school (or academic program within a public school) which is established by and operated under the supervision of an eligible loc

The term “qualified zone academy bond” means any bond issued as part of an issue if— (A) 95 percent or more of the proceeds of such issue are to be used for a qualified purpose wit

The term “qualified zone domestic trade” means the transportation of goods or passengers between places in the qualified zone if such transportation is in the United States domesti

Except as otherwise provided in this subsection, the term “qualified zone employee” means, with respect to any period, any employee of an employer if— (A) substantially all of the

The term “qualified zone property” has the meaning given such term by section 1397D; except that— (A) the references to empowerment zones shall be treated as including references t

For purposes of this section, the term “qualified zone wages” means any wages paid or incurred by an employer for services performed by an employee while such employee is a qualifi

To become qualified or fit for any office or employment. To take the necessary steps to prepare one’s self for an appointment: as, to take an oath to discharge the duties of an off

The term “qualifying adoption expenses” means reasonable and necessary expenses that are directly related to the legal adoption of a child under 18 years of age, but only if such a

For the purpose of subsection (c)(2) of this section, the term "qualifying adult" means an adult who— / For the purpose of subsection (c)(2), the term “qualifying adult”

The term “qualifying advanced coal project” means a project which meets the requirements of subsection (e).

The term “qualifying advanced energy project” means a project, any portion of the qualified investment of which is certified by the Secretary under subsection (e) as eligible for a

The term “qualifying advanced power system technology facility” means a facility using an advanced fuel cell, turbine, or hybrid power system or power storage system to generate or

For purposes of this subsection, the term “qualifying APM participant” means the following: (A) With respect to 2019 and 2020, an eligible professional for whom the Secretary deter

The term "qualifying area" means— (A) an urbanized area or urban cluster that has a population of 25,000 or more in the most recent census; (B) 2 or more adjacent urban c

The term "qualifying battery component" means any of the following: (i) Electrode active materials. (ii) Battery cells. (iii) Battery modules.

For purposes of this subparagraph, the term “qualifying biosimilar biological product” means a biosimilar biological product described in paragraph (1)(C) with respect to which— (I

The term "qualifying broadband service" means broadband service with— (A) a download speed of not less than 25 megabits per second; (B) an upload speed of not less than 3