Direct Savings Law and Legal Definition
The term "direct savings", when used with respect to the result of compliance with the Federal mandate--
(A) in the case of a Federal intergovernmental mandate, means the aggregate estimated reduction in costs to any State, local, or tribal government as a result of compliance with the Federal intergovernmental mandate; and
(B) in the case of a Federal private sector mandate, means the aggregate estimated reduction in costs to the private sector as a result of compliance with the Federal private sector mandate. (2 USCS § 658)
Legal Definition list
Related Legal Terms
- Access Savings Account
- Actio Commodati Directa
- Advance Directive
- Advance Directives (Health Care)
- After-Arrival Mandatory Directive [Transportation]
- American Council of State Savings Supervisors (ACSSS)
- Athletic Director
- Automated Export System Direct
- Board of Directors
- Border and Transportation Security Directorate [BTS]
