base year
Defined in 4 places across 3 titles of the United States Code.
For purposes of clause (iv)(II), the term “base year” means—
(I) the calendar year preceding the start-up year, or
(II) at the election of the mutual or cooperative electric company, the second or third calendar years preceding the start-up year.
Source
- 2005–present26 U.S.C. § 501Internal Revenue Code · Exemption from tax on corporations, certain trusts, etc. · under this section
For purposes of subparagraph (C), in the case of a State that does not report expenditures on the basis of the age categories described in such subparagraph for a year ending before December 22, 1987, the term “base year” means fiscal year 1989.
Source
- 1994–present42 U.S.C. § 1396NThe Public Health and Welfare · Compliance with State plan and payment provisions · under this subchapter
(I) Subject to subclause (II), the term "base year" means the most recent year (ending before December 22, 1987) for which actual final expenditures under this subchapter have been reported to, and accepted by, the Secretary.
Source
- 1994–202542 U.S.C. § 1396NThe Public Health and Welfare · Compliance with State plan and payment provisions · under this subchapter
Subject to subclause (II), the term “base year” means the most recent year (ending before December 22, 1987) for which actual final expenditures under this subchapter have been reported to, and accepted by, the Secretary.
Source
- 2013–present42 U.S.C. § 1396NThe Public Health and Welfare · Compliance with State plan and payment provisions · under this subchapter
The term “base year” means the completed calendar year immediately preceding the beginning of the benefit year.
Source
- 1994–present45 U.S.C. § 351Railroads · Definitions · for the purposes of this chapter
The term “base year” means, with respect to any applicable election year, the taxable year of the partnership or S corporation preceding such applicable election year.
Source
- 1994–present26 U.S.C. § 7519Internal Revenue Code · Required payments for entities electing not to have required taxable year · for purposes of this section