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Simple English definitions for legal terms

tax-anticipation note

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A quick definition of tax-anticipation note:

A tax-anticipation note is a type of promise to pay money that is issued by state or local governments to help pay for things they need right away. It's like borrowing money and promising to pay it back later when they get tax payments from people and businesses. It's a short-term loan that helps governments get the money they need quickly.

A more thorough explanation:

A tax-anticipation note is a short-term obligation issued by state or local governments to finance current expenditures. It usually matures once the local government receives individual and corporate tax payments. Tax-anticipation notes are abbreviated as TAN.

For example, a city government may issue a tax-anticipation note to pay for immediate expenses, such as salaries or infrastructure projects, before the tax revenue is collected. Once the tax revenue is received, the government uses it to pay off the tax-anticipation note.

Tax-anticipation notes are a way for governments to manage their cash flow and ensure that they have enough money to cover their expenses. They are generally considered safe investments because they are backed by the government's ability to collect taxes.

tax-anticipation bill | tax-anticipation warrant

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Dkk
15:46
Woo, it took almost 24 hours but my butthole is feeling good again! Just wanted to update y'all on my struggle.
[] baddestbunny
15:52
Ew
Dkk
15:56
Lmfao
soap
16:58
Thank you for the update
Dkk
17:04
Welcome.
Holding out strong for that 11 p.m. Sunday night wave.
soap
17:20
Do the admissions offices close on Veterans Day?
I think someone here was really interested in Cornell Law. I forgot their username now but I just talked to the Cornell admissions rep at the Houston LSAC fair and apparently 2/3 of people who interview at Cornell ultimately get in.
soap
17:21
Hello 🫡
soap
17:21
Thank you for your service, you’re a real one
soap
17:23
I wonder what it’s dependent on? Are the 2/3 chosen on stats, or interview performance, or more holistically?
I'm honestly not sure
[] baddestbunny
17:31
is Cornell a school where only people who interview get in?
I think so
She said historically a quarter get interview invites and then two thirds of those people get in.
soap
17:35
Did she say anything regarding if decisions will start to come out soon?
17:47
username changed
17:51
cockenheimer
17:56
when u boutta detonate some bomb dick u be like
17:56
cockenheimer
[] baddestbunny
17:57
sloppenheimer
17:58
*tips cap*
17:58
m'lady ahh gesture
18:04
seing smells rn
18:04
and smelling sights
@soap: I asked and she did not have an answer
soap
18:10
aw man. I hope it’s soon…
I'm sure it will be
[] baddestbunny
18:26
how soon is now
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