loading…

Notification

The Federal Reserve Board on a timely basis shall notify the Secretary, or his designee, in writing of the adjustment described in subsection (a) and of the effective date of such adjustment in order to permit the Secretary to undertake publication in the Federal Register of corresponding adjustments to the Dollar Amounts. The dollar amount of any adjustment shall be rounded to the next lower dollar.

in view

Whole section

▸rulespec code

Shown source

statutes/12/1712a.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/12/1712a; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

hoepa_reference_figure_for_adjustment_timing

Parameter

source: 12 USC 1712a(a)

- name: hoepa_reference_figure_for_adjustment_timing
  kind: parameter
  dtype: Money
  unit: USD
  source: 12 USC 1712a(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/12/1712a
            excerpt: $400 figure in the Home Ownership and Equity Protection Act of 1994
  versions:
    - effective_from: '2004-01-01'
      formula: '400'

annual_dollar_amount_adjustment_increase

Derived

source: 12 USC 1712a(a)-(b)

- name: annual_dollar_amount_adjustment_increase
  kind: derived
  entity: DollarAmount
  dtype: Money
  period: Year
  unit: USD
  source: 12 USC 1712a(a)-(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/12/1712a
            excerpt: >-
              calculated using the percentage change in the Consumer Price Index for All Urban
              Consumers (CPI-U)
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/12/1712a
            excerpt: The dollar amount of any adjustment shall be rounded to the next lower dollar.
  versions:
    - effective_from: '2004-01-01'
      formula: floor(dollar_amount_subject_to_indexing * hoepa_cpi_u_percentage_change)

annual_adjusted_dollar_amount

Derived

source: 12 USC 1712a(a)-(b)

- name: annual_adjusted_dollar_amount
  kind: derived
  entity: DollarAmount
  dtype: Money
  period: Year
  unit: USD
  source: 12 USC 1712a(a)-(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/12/1712a
            excerpt: The adjustment of the Dollar Amounts shall be calculated using the percentage change
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/12/1712a#annual_dollar_amount_adjustment_increase
            output: annual_dollar_amount_adjustment_increase
            hash: sha256:local
  versions:
    - effective_from: '2004-01-01'
      formula: dollar_amount_subject_to_indexing + annual_dollar_amount_adjustment_increase

loading…

us/statute/12/1712a/b — Notification · Axiom

Notification

Official source

in view

Whole section

▸rulespec code

Shown source

statutes/12/1712a.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/12/1712a; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

hoepa_reference_figure_for_adjustment_timing

Parameter

source: 12 USC 1712a(a)

- name: hoepa_reference_figure_for_adjustment_timing
  kind: parameter
  dtype: Money
  unit: USD
  source: 12 USC 1712a(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/12/1712a
            excerpt: $400 figure in the Home Ownership and Equity Protection Act of 1994
  versions:
    - effective_from: '2004-01-01'
      formula: '400'

annual_dollar_amount_adjustment_increase

Derived

source: 12 USC 1712a(a)-(b)

- name: annual_dollar_amount_adjustment_increase
  kind: derived
  entity: DollarAmount
  dtype: Money
  period: Year
  unit: USD
  source: 12 USC 1712a(a)-(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/12/1712a
            excerpt: >-
              calculated using the percentage change in the Consumer Price Index for All Urban
              Consumers (CPI-U)
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/12/1712a
            excerpt: The dollar amount of any adjustment shall be rounded to the next lower dollar.
  versions:
    - effective_from: '2004-01-01'
      formula: floor(dollar_amount_subject_to_indexing * hoepa_cpi_u_percentage_change)

annual_adjusted_dollar_amount

Derived

source: 12 USC 1712a(a)-(b)

- name: annual_adjusted_dollar_amount
  kind: derived
  entity: DollarAmount
  dtype: Money
  period: Year
  unit: USD
  source: 12 USC 1712a(a)-(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/12/1712a
            excerpt: The adjustment of the Dollar Amounts shall be calculated using the percentage change
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/12/1712a#annual_dollar_amount_adjustment_increase
            output: annual_dollar_amount_adjustment_increase
            hash: sha256:local
  versions:
    - effective_from: '2004-01-01'
      formula: dollar_amount_subject_to_indexing + annual_dollar_amount_adjustment_increase