As used in this article 117, unless the context otherwise requires:

1. (1) Authority means the building urgent infrastructure and leveraging dollars authority created in this article 117.
2. (2) Board means the board of directors of the authority.
3. (3) Bond means any bond, note, debenture, interim certificate, grant and revenue anticipation note, financed purchase of an asset, or other evidence of indebtedness authorized to be issued by the authority pursuant to this article 117.
4. (4) Bonding fund means the fund created in section 24-117-106 (3).
5. (5) Eligible project means an infrastructure project that is selected by the authority for financing and is otherwise ready for construction or commencement.
6. (6) Eligible project revolving fund means the fund created in section 24-117-112 (6).

7. (7) Infrastructure project means a project that includes, but is not limited to, the development, construction, repair, improvement, operation, maintenance, decommissioning, or ownership of:

   1. (a) A transportation infrastructure project;
   2. (b) An infrastructure project in a transit-oriented community;
   3. (c) A county courthouse facility;
   4. (d) A transportation facility;
   5. (e) Utility infrastructure;
   6. (f) Renewable energy infrastructure;
   7. (g) Recycling infrastructure;
   8. (h) Energy efficiency infrastructure;
   9. (i) An education facility;
   10. (j) Water infrastructure;
   11. (k) Information technology capital construction;
   12. (l) Affordable and accessible housing infrastructure; or
   13. (m) Digital, social, or other infrastructure related to economic development.
8. (8) Operational fund means the fund created in section 24-117-108.
9. (9) Program means the building urgent infrastructure and leveraging dollars program created in section 24-117-112.
10. (10) Project labor agreement means a prehire collective bargaining agreement with one or more labor organizations that establishes the terms and conditions of employment for a specific construction project and is an agreement described in 29 U.S.C. sec. 158 (f).

Source: L. 2025: Entire article added, (SB 25-081), ch. 320, p. 1674, § 3, effective August 6.