Page:United States Statutes at Large Volume 112 Part 1.djvu/267

 PUBLIC LAW 105-178-JUNE 9, 1998 112 STAT. 241 (b) CONFORMING AMENDMENT.— The analysis for chapter 1 of title 23, United States Code, is amended by adding at the end the following: "Sec. 163. Safety incentives to prevent operation of motor vehicles by intoxicated persons.". Subtitle E—Finance CHAPTER 1—TRANSPORTATION INFRASTRUCTURE FINANCE AND INNOVATION SEC. 1501. SHORT TITLE. This chapter may be cited as the "Transportation Infrastructure Finance and Innovation Act of 1998". SEC. 1502. FINDINGS. Congress finds that— (1) a well-developed system of transportation infrastructure is critical to the economic well-being, health, and welfare of the people of the United States; (2) traditional public funding techniques such as grant programs are unable to keep pace with the infrastructure investment needs of the United States because of budgetary constraints at the Federal, State, and local levels of government; (3) major transportation infrastructure facilities that address critical national needs, such as intermodal facilities, border crossings, and multistate trade corridors, are of a scale that exceeds the capacity of Federal and State assistance programs in effect on the date of enactment of this Act; (4) new investment capital can be attracted to infrastructure projects that are capable of generating their own revenue streams through user charges or other dedicated funding sources; and (5) a Federal credit program for projects of national significance can complement existing funding resources by filling market gaps, thereby leveraging substantial private co-investment. SEC. 1503. ESTABLISHMENT OF PROGRAM. (a) IN GENERAL.— Chapter 1 of title 23, United States Code, is amended by adding at the end the following: "SUBCHAPTER II—INFRASTRUCTURE FINANCE "In this subchapter, the following definitions apply: "(1) ELIGIBLE PROJECT COSTS.— The term 'eligible project costs' means amounts substantially all of which are paid by, or for the account of, an obligor in connection with a project, including the cost of— "(A) development phase activities, including planning, feasibility analysis, revenue forecasting, environmental review, permitting, preliminary engineering and design work, and other preconstruction activities; "(B) construction, reconstruction, rehabilitation, replacement, and acquisition of real property (including land related to the project and improvements to land). Transportation Infrastructure Finance and Innovation Act of 1998. Grants. Intergovernmental relations. Loans. 23 USC 101 note. 23 USC 181 note.
 * ^ 181. Definitions

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