Commonly called an RMD, the minimum amount that a person must take out of their Individual Retirement Account (IRA) starting at either age 70 and a half or the year of the person retires, whichever is later.
A national organization that engages in litigation, legislative lobbying, and educational outreach in order to preserve and further individual rights and liberties that are guaranteed by the Constitution and laws of the United States. Among the constitutional rights that the ACLU promotes are First Amendment, equal protection, due process, and privacy rights.
Gases that absorb the sun's infrared radiation and trap its heat in the earth's atmosphere. Common greenhouse gases include carbon dioxide and methane.
A legal standard used in negligence (personal injury) cases. The hypothetical reasonable person behaves in a way that is legally appropriate. Those who do not meet this standard -- that is, they do not behave at least as a reasonable person would -- are considered negligent and may be held liable for damages caused by their actions.
Also called the Waxman-Markey Bill, this legislation sought to address climate change while building a clean energy economy. Among other things, this bill established a national cap-and-trade system for greenhouse gases and promoted renewable sources of energy.
Typically refers to an employee who is covered by overtime rules and other provisions of federal and state wage-and-hour laws.
1) The idea that companies or individuals can neutralize the effect of their pollution by investing in pollution reduction efforts in other parts of the world. 2) A financial instrument whose purchase is aimed at the reduction of greenhouse gases. One carbon offset generally pays for the reduction of one metric ton of carbon dioxide or other greenhouse gases.
A policy that seeks to limit pollution. Under a cap-and-trade program, a company gets an emissions permit for every ton of carbon dioxide that it releases. Companies that produce fewer emissions can trade their extra permits to companies that are producing more emissions.
An act passed by Congress in response to the September 11, 2001 terrorist attacks. This law created the Department of Homeland Security and the new cabinet-level position of Secretary of Homeland Security. The law was an attempt to reorganize federal security functions into one department.
Bans a procedure called a partial-birth abortion, used for ending pregnancy. Whether an abortion meets this definition has to do with the method used by the doctor and not with viability of the fetus or the number of weeks that the patient is pregnant.