If the federal government give the states money to help state government do whatever they want them to do, that's a funded mandate.
A mandate is when the federal government forces that states to comply to something they want done. For example: When the federal government wanted to raise the drinking age t … o 21 years old there was a state (Michigan i think) that refused. A Seller's Mandate is the person with legal authority to represent the seller in negotiations with potential buyers in the sale of commodities.   The Mandate will hav … e clear instructions from the seller as to the procedure to be adopted and what is required from the buyer in order to proceed with the sale. Fund mandate. The mandate of a collective investment vehicle is a statement of its aims, the limits within which it is supposed to invest, and the investment policy it should follow. A fund (or portfolio) will typically define: 1  the aim of the fund (e.g., to generate dividend income or long term growth).  Unfunded mandate. From Wikipedia, the free encyclopedia. In the United States, federal mandates are orders that induce responsibility, action, procedure or anything else that is imposed by constitutional, administrative, executive, or judicial action for state and local governments and/or the private sector. The rise in federal mandates led to more mandate regulation. During the Reagan Administration, Executive Order 12291 and the State and Local Cost Estimate Act of 1981 were passed, which implemented a careful examination of the true costs of federal unfunded mandates. When a higher level of the U.S. government (i.e. the federal government) tells lower branches of the government (i.e. state governments) to do something, that's a mandate. If the federal government give the states money to help them do whatever they want them to do, that's a funded mandate. A Seller's Mandate is the person with legal authority to represent the seller in negotiations with potential buyers in the sale of commodities.   The Mandate will hav … e clear instructions from the seller as to the procedure to be adopted and what is required from the buyer in order to proceed with the sale. An unfunded mandate is a statute or regulation that requires a state or local government, or private individuals or organizations, to perform certain actions, yet provides no money for fulfilling the requirements. Some politicians complain that a large portion of a city's budget is determined by the federal government, rather than by the local government. They assert that unfunded mandates create such localized financial stress that local governments are unable to create many beneficial programs or reduce taxes for residents. Congress shifted at least $131 billion in costs to states over the five year period of 2004 to 2008, according to NCSL's Mandate Monitor. The Mandate Monitor uses a definition of unfunded mandate that is broader than the one included in UMRA, because state and local officials view unfunded mandates more expansively. They interpret almost any federal decision that requires them to spend state or local funds as a cost shift. MANDATE MONITOR. The Unfunded Mandates Reform Act of 1995 (UMRA) was adopted in an effort ...to curb the practice of imposing unfunded Federal mandates on States and local governments.. An unfunded mandate is a statute or regulation that requires a state or local government to perform certain actions, with no money provided for fulfilling the requirements. Public individuals or organizations can also be required to fulfill public mandates. The rise in federal mandates led to more mandate regulation. During the Reagan Administration, Executive Order 12291 and the State and Local Cost Estimate Act of 1981 were passed, which implemented a careful examination of the true costs of federal unfunded mandates. A significant unfunded mandate is one that exceeds the Unfunded Mandate Reform Act's cost threshold of $58 million per year (inflation-adjusted from $50 million in 1996), which is $1.2 million per state. The CBO has not yet determined whether the mandates in 2001 Port and Maritime Security Act are fully funded or not. The CBO report shows that the 1995 Unfunded Mandates Reform Act (UMRA) has reduced the amount of new unfunded mandates placed on state and local governments. [3] Consequently, states cannot legitimately blame Washington for their spending crises. Definition. A requirement set forth by a governing agency that does not provide any type of funding to facilitate the requirement. For example, In order to comply with the unfunded mandate on security upgrades, the business will have to incur out-of-pocket expenses .. Nearby Terms. 1  unfavorable var... 2  unfilled order. 3  unforeseen cond... 4  unfreeze. 5  unfunded. 6  unfunded actuar... 7  unfunded debt. 8  unfunded liabil... 9  unfunded mandat... 10  unfunded plan. 11  unfunded supple... 12  unicasting. 13  unicode. 14  unicohort. 15  unified messagi... 16  unified modelin... 17  unified tax cre...
http://www.answers.com/Q/What_is_funded_mandate http://moneyterms.co.uk/fund-mandate/ https://en.wikipedia.org/wiki/Unfunded_mandate http://www.answers.com/Q/What_is_funded_mandate http://www.wisegeek.org/what-is-an-unfunded-mandate.htm http://www.ncsl.org/ncsl-in-dc/standing-committees/budgets-and-revenue/mandate-monitor-overview.aspx https://en.wikipedia.org/wiki/Unfunded_mandate http://www.heritage.org/research/reports/2003/05/what-unfunded-mandates-cbo-study-reveals-washington-not-at-fault-for-state-budget-crises http://www.businessdictionary.com/definition/unfunded-mandate.html
funded mandate definition