HRS §342D-80
Definitions for the water pollution control revolving fund
This section defines key terms used in this part of the law. It explains what the American Recovery and Reinvestment Act of 2009, corpus allocation, eligible party, and revolving fund mean. These definitions help clarify who can use the fund and how it works.
countiesstate agencies
The statute, as written — Definitions
As used in this part, unless the context otherwise requires: "American Recovery and Reinvestment Act of 2009" means the federal law, Public Law 111-5, making appropriations for various purposes, including job preservation and creation, infrastructure investment, energy efficiency and science, assistance to the unemployed, and state and local fiscal stabilization purposes. "Corpus allocation" means the amount of moneys in the revolving fund that is allocated by the director to provide earnings to reduce an eligible party's total financing costs for one or more eligible projects. "Eligible party" means a county, state agency, or private person. "Revolving fund" means the water pollution control revolving fund established by section 342D-83.
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