As used in this part:

1. (1) "Fund" means the Transportation Infrastructure Loan Fund created under Section 72-2-202.

2. (2) "Infrastructure assistance" means any use of fund money, except an infrastructure loan, to provide financial assistance for transportation projects, including:

   1. (a) capital reserves and other security for bond or debt instrument financing; or
   2. (b) any letters of credit, lines of credit, bond insurance, or loan guarantees obtained by a public entity to finance transportation projects.
3. (3) "Infrastructure loan" means a loan of fund money to finance a transportation project.
4. (4) "Public entity" means a state agency, county, municipality, local district, special service district, or an intergovernmental entity organized under state law.

5. (5) "Transportation project":

   1. (a) means a project to improve a state or local highway; and
   2. (b) includes the costs of acquisition, construction, reconstruction, rehabilitation, equipping, and fixturing.