CFR > Title 40 > Chapter I > Subchapter C > Part 51 > Subpart AA – Provisions for Implementation of the 2008 Ozone National Ambient Air Quality Standards
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Terms Used In CFR > Title 40 > Chapter I > Subchapter C > Part 51 > Subpart AA - Provisions for Implementation of the 2008 Ozone National Ambient Air Quality Standards
- Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.