Sec. 2. Definitions
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For purposes of this Act, the following definitions apply: The term Bank means the National Infrastructure Development Bank established under section 3(a). The terms development means, with respect to an infrastructure project, any— preconstruction planning, feasibility review, permitting, design work, life-cycle maintenance planning, and other preconstruction activities; and construction, reconstruction, rehabilitation, replacement, or expansion. The terms direct loan and loan guarantee have the meanings given the terms in section 502 of the Federal Credit Reform Act of 1990 ( 2 U.S.C. 661a ).
The term disadvantaged community means a community with a median household income of less than 80 percent of the statewide median household income for the State in which the community is located. The term energy infrastructure project means a project for energy transmission and distribution, or energy efficiency enhancement for buildings, public housing, health facilities, schools, or energy storage. The term entity means an individual, corporation, partnership (including a public-private partnership), joint venture, trust, and a State or other governmental entity, including a political subdivision or any other instrumentality of a State or a revolving fund.
The term environmental infrastructure project means a project that— establishes, maintains, or enhances any drinking water and wastewater treatment facility, storm water management system, flood gate, dam, levee, dredging, open space management system, wetland restoration, infill development, solid waste disposal facility, hazardous waste facility, or industrial site cleanup; or remediation projects to rectify issues of manufacturing, laboratory practices, and other processes that do not comply with regulations.
The term financial assistance means providing credit assistance in the form of direct loans, loan guarantees, and standby lines of credit. The term general counsel means the individual who serves as the chief legal officer of the Bank. The term greenhouse gases means any of the following: Carbon dioxide. Methane. Nitrous oxide. Sulfur hexafluoride. Hydrofluorocarbons. Any perfluorocarbon. Nitrogen trifluoride. Any other anthropogenic gas designated as a greenhouse gas by the Administrator of the Environmental Protection Agency.
The term infrastructure project means— an energy infrastructure project; an environmental infrastructure project; a telecommunications infrastructure project; or a transportation infrastructure project. The term public-private partnership means a contractual agreements between a public agency and a private entity that allow for greater private participation in the delivery of projects. The term revolving fund means a fund or program established by a State or a political subdivision or other instrumentality of a State, the principal activity of which is to make loans, commitments, or other financial accommodation available for the development of one or more categories of infrastructure projects.
The term Secretary means the Secretary of the Treasury. The term smart grid means a system that provides for any of the smart grid functions set forth in section 1306(d) of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17386(d) ). The term State means the several States and the District of Columbia, Puerto Rico, Guam, American Samoa, the Virgin Islands, the Commonwealth of Northern Mariana Islands, and any other territory of the United States. The term telecommunications infrastructure project means a project for infrastructure that facilitates the exchanging of information through electronic technologies, including voice, data, and video transmissions project.
The term transportation infrastructure project means a project for the construction, maintenance, or enhancement of highways, roads, bridges, transit and intermodal systems, inland waterways, commercial ports, airports, high-speed rail and freight rail systems.
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