§ 350.401 What is the High Priority Program and what entities are eligible for funding under the High Priority Program?
§ 350.403 What are the High Priority Program objectives?
§ 350.405 What conditions must an applicant meet to qualify for High Priority Program funds?
§ 350.407 How and when does an eligible entity apply for High Priority Program funds?
§ 350.409 What response will an applicant receive under the High Priority Program?
§ 350.411 How long are High Priority Program funds available to a recipient?
§ 350.413 What are the Federal and recipient shares of costs incurred under the High Priority Program?
§ 350.415 What types of activities and projects are eligible for reimbursement under the High Priority Program?
§ 350.417 What specific costs are eligible for reimbursement under the High Priority Program?

Terms Used In CFR > Title 49 > Subtitle B > Chapter III > Subchapter B > Part 350 > Subpart D - High Priority Program

  • Amortization: Paying off a loan by regular installments.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • corporation: includes associations, joint-stock companies, and insurance companies. See 26 CFR 36.3121(l)(1)-1
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Remainderman: One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired.
  • Statute: A law passed by a legislature.