(US) Federal grants distributing a portion of federal tax revenues to state and municipal governments.
(US) Federal grants distributing a portion of federal tax revenues to state and municipal governments.
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
See all Regional & Other slang on Slangora.
(UK, Ireland) A cooperative funding arrangement between multiple governments whereby the costs of a contract are divided between several governments who benefit from that contract.
(US, economics) Of or relating to a period when cities in the United States can no longer rely on federal funding and must seek local sources.
(US, legal) a bill that levies taxes.
A US constitutional and legislative term for a bill that raises money through taxation — specifically, any legislation that imposes or adjusts taxes on the public. Under Article I of the US Constitution, all revenue bills must originate in the House of Representatives rather than the Senate. The term is used precisely in constitutional law, congressional procedure, and political journalism when discussing the legislative origins and authority of tax legislation. It's dry but important vocabulary in American civic and legal discourse.
Browse all slang words starting with R.