42 U.S.C. § 16511 | Definitions

In this subchapter:

(1)

Commercial technology

(A)

In general

The term “commercial technology” means a technology in general use in the commercial marketplace.

(B)

Inclusions

The term “commercial technology” does not include a technology solely by use of the technology in a demonstration project funded by the Department.

(2)

Cost

section 661a(5)(C) of title 2The term “cost” has the meaning given the term “cost of a loan guarantee” within the meaning of .

(3)

Eligible project

section 16513 of this titleThe term “eligible project” means a project described in .

(4)

Guarantee

(A)

In general

section 661a of title 2The term “guarantee” has the meaning given the term “loan guarantee” in , except that a loan guarantee may guarantee any debt obligation of a non-Federal borrower to any Eligible Lender (as defined in section 609.2 of title 10, Code of Federal Regulations).

(B)

Inclusion

section 661a of title 2The term “guarantee” includes a loan guarantee commitment (as defined in ).

(5)

Obligation

The term “obligation” means the loan or other debt obligation that is guaranteed under this section.

(6)

State

section 6802 of this titleThe term “State” has the meaning given the term in .

(7)

State energy financing institution

(A)

In general

The term “State energy financing institution” means a quasi-independent entity or an entity within a State agency or financing authority established by a State—

(i)

to provide financing support or credit enhancements, including loan guarantees and loan loss reserves, for eligible projects; and

(ii)

to create liquid markets for eligible projects, including warehousing and securitization, or take other steps to reduce financial barriers to the deployment of existing and new eligible projects.

(B)

Inclusion

The term “State energy financing institution” includes an entity or organization established to achieve the purposes described in clauses (i) and (ii) of subparagraph (A) by an Indian Tribal entity or an Alaska Native Corporation.

Pub. L. 109–58, title XVII, § 1701Aug. 8, 2005119 Stat. 1117 Pub. L. 117–58, div. D, title IV, § 40401(c)(1)Nov. 15, 2021135 Stat. 1037 Pub. L. 117–169, title V, § 50141(e)Aug. 16, 2022136 Stat. 2043(, , ; , , ; , , .)

Editorial Notes

Amendments

Pub. L. 117–1692022—Par. (4)(A). inserted “, except that a loan guarantee may guarantee any debt obligation of a non-Federal borrower to any Eligible Lender (as defined in section 609.2 of title 10, Code of Federal Regulations)” before period at end.

Pub. L. 117–582021—Pars. (6), (7). added pars. (6) and (7).

Statutory Notes and Related Subsidiaries

Wage Rate Requirements

Pub. L. 117–58 section 18851 of this titleFor provisions relating to rates of wages to be paid to laborers and mechanics on projects for construction, alteration, or repair work funded under div. D or an amendment by div. D of , including authority of Secretary of Labor, see .