Credit subsidy cost

{
  "id": "MLC-T-ENV-006885",
  "term": "Credit subsidy cost",
  "field": "Environment",
  "term_source": "Credit Subsidy Cost",
  "definition": "Shall have the same meaning as ‘‘cost’’ under section 502(5) of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a(5)), which is the net present value at the time the obligation is entered into. The credit subsidy cost for a given project is calculated by EPA in consultation with OMB. The credit subsidy cost must be less than the unobligated subsidy amount that has been appropriated by Congress to date.",
  "subject": "Social and economic factors",
  "references": [
    "40 CFR 35.1005 (CFR 2018)"
  ],
  "url": "https://mlchart.com/terminology/environment/credit-subsidy-cost/"
}