The proposal includes multiple consumer protections, such as annual reconciliations,
annual caps, cumulative caps and earnings limits.
But
annual caps on the scheme mean that it stalls once all the money has been handed out and the building industry simply slows down again.
The clause, many tenants hope, will protect them from arbitrary rent hikes in the absence of
annual caps on rental increases.
The tax credit for cellulosic biofuel production, set to expire at the end of 2012, would be extended for three years, with
annual caps on gallons that qualify for the credit.
* Insurance companies can no longer impose a lifetime maximum on health care benefits, and
annual caps will be phased out over the next three years before being completely eliminated in 2014.
The regulations indicate many plans should be able to retain grandfathered status, but some consumer protections such as no lifetime or
annual caps on how much insurers must pay, no matter whether they have grandfathered status, will be required for all plans after Sept.
Many companies have long for-sworn
annual caps on most benefits but retained them on what might be considered auxiliary benefits, such as chiropractic care or occupational therapy.
ANNUAL caps to restrict immigration are unnecessary and could have negative effects, Communities Secretary John Denham said yesterday.
Some states offering generous tax credits or rebates can also have very low
annual caps on how much money they can actually give away.
The industry uses about 40 methods, most combining the elements of point-to-point, high point, annual reset, monthly or
annual caps, monthly or annual averaging, and yield spreads.
These procedures (established by the Budget Enforcement Act (BEA) of 1990 and later extensions) consisted of
annual caps on discretionary spending and a pay-as-you-go requirement (i.e.
