Sec. 603. Eligible applicants

163 words·~1 min read·/bill/114/s/1626/rs/section-603

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Section 502(a) ( 45 U.S.C. 822(a) ) is amended— in paragraph (5), by striking one railroad; and and inserting 1 of the entities described in paragraph (1), (2), (3), (4), or (6); ; by amending paragraph

(6)to read as follows: solely for the purpose of constructing a rail connection between a plant or facility and a rail carrier, limited option freight shippers that own or operate a plant or other facility; and ; and by adding at the end the following: any obligor, as designated by an entity otherwise eligible to receive a direct loan or loan guarantee under this section, including a special purpose entity receiving user fees or other payments or revenues from dedicated sources for debt service and maintenance of the equipment or facilities to be acquired or improved; and a public-private or private partnership between at least 1 other entity listed in any of paragraphs

(1)through

(7)and a consortium that specializes in real estate development. .

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45 USC 822(a)

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Sec. 603

Eligible applicants

Cite45 USC 822(a)

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