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ARE YOU SMARTER THAN THE IRAC? Are You Smarter Than The IRAC 1,000,000 5th Grade Topic 1 5th Grade Topic 2 4th Grade Topic 3 4th Grade Topic 4 3rd Grade.

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Presentation on theme: "ARE YOU SMARTER THAN THE IRAC? Are You Smarter Than The IRAC 1,000,000 5th Grade Topic 1 5th Grade Topic 2 4th Grade Topic 3 4th Grade Topic 4 3rd Grade."— Presentation transcript:

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2 ARE YOU SMARTER THAN THE IRAC?

3 Are You Smarter Than The IRAC 1,000,000 5th Grade Topic 1 5th Grade Topic 2 4th Grade Topic 3 4th Grade Topic 4 3rd Grade Topic 5 3rd Grade Topic 6 2nd Grade Topic 7 2nd Grade Topic 8 1st Grade Topic 9 1st Grade Topic 10 500,000 300,000 175,000 100,000 50,000 25,000 10,000 5,000 2,000 1,000

4 5th Grade Definitions Payment to a part-time business in the home which does not contribute materially to the household income is defined as this kind of payment under Section 24.304(b)(4) – Reestablishment Expenses.

5 5th Grade Definitions Answer Ineligible

6 Return

7 5th Grade Civics The use of the word “Shall” in the Uniform Act regulations lets us know that whatever requirement being discussed is statutory and was mandated by this branch of the federal government before being signed into law by the President.

8 5th Grade Civics Answer Congress or the Legislative Branch

9 Return

10 4th Grade Mathematics A business is ineligible for an in lieu (fixed) payment if the business is part of a commercial enterprise having more than this many other entities which are not being acquired by the Agency, and which are under the same ownership and engaged in the same or similar business.

11 4th Grade Mathematics Answer 3 3

12 Return

13 4th Grade Abbreviations DLTPP, the abbreviation for this term, is a type of payment which can be made when a business loses the use of personal property as a result of moving or discontinuing the business or farm operation.

14 4th Grade Abbreviations Answer Direct Loss of Tangible Personal Property Direct Loss of Tangible Personal Property

15 Return

16 3rd Grade History In November of 2001, the IRWA held a Symposium in Mesa, Arizona, commemorating the 30 th anniversary of this.

17 3rd Grade History Answer The date the Uniform Act went into effect The date the Uniform Act went into effect

18 Return

19 3rd Grade Definitions Under Section 24.7, the Federal Agency funding the project may waive any requirement in the regulations not required by law if it determines that the waiver does not reduce any assistance or protection provided to an owner or displaced person. Any request for federal waiver SHALL be justified on this kind of a basis.

20 3rd Grade Definitions Answer “Case by Case” basis

21 Return

22 2nd Grade Federal Guidance The Surface Transportation and Uniform Relocation Act Amendments of 1987 named this Agency (under the Department of Transportation) as the newly created Federal Lead Agency.

23 2nd Grade Federal Guidance Answer The Federal Highway Administration (FHWA) The Federal Highway Administration (FHWA)

24 Return

25 2nd Grade Regulations Under 24.208, “Aliens not lawfully present in the United States” each person seeking relocation payments or relocation advisory assistance SHALL, as a condition of eligibility, certify this.

26 2nd Grade Regulations Answer Certify that he or she is either a citizen or national of the United States, or an alien who is lawfully present in the United States

27 Return

28 1st Grade Acronyms What does DSS stand for?

29 1st Grade Acronyms Answer Decent, Safe and Sanitary

30 Return

31 1st Grade Payments This is the minimum payment that can be claimed by a qualified business, farm, or non-profit organization under 24.305, fixed payment for moving expenses.

32 1st Grade Payments Answer $1,000

33 Return

34 Graduation Question Federal Guidance When calculating an in lieu payment with one year of net profit and one year of net loss, Federal Highway Administration, Questions and Answers direct that this number should be substituted for the net loss.

35 Graduation Answer $0

36 Thanks for Playing YOU ARE SMARTER THAN THE IRAC!!!!


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