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16 U.S.C. § 2708 — Definitions
Federal law — U.S. Code and appendices · legal_authorities
**(a)** For purposes of this chapter, the term—
(1) “small hydroelectric power project” means any hydroelectric power project which is located at the site of any existing dam, which uses the water power potential of such dam, and which has not more than 30,000 kilowatts of installed capacity;
(2) “electric cooperative” means any cooperative association eligible to receive loans under [section 904 of title 7](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section904&num=0&edition=prelim);
(3) “industrial development agency” means any agency which is permitted to issue obligations the interest on which is excludable from gross income under [section 103 of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section103&num=0&edition=prelim);
(4) “project costs” means the cost of acquisiiton 11 So in original. Probably should be “acquisition”. or construction of all facilities and services and the cost of acquisition of all land and interests in land used in the design and construction and operation of a small hydroelectric power project;
(5) “nonprofit organization” means any organization described in section 501(c)(3) or 501(c)(4) of title 26 and exempt from tax under [section 501(a) of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section501/a&num=0&edition=prelim) (but only with respect to a trade or business carried on by such organization which is not an unrelated trade or business, determined by applying [section 513(a) of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section513/a&num=0&edition=prelim) to such organization);
(6) “existing dam” means any dam, the construction of which was completed or on 22 So in original. Probably should be “on or”.
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Source file: Laws/federal/codes/united-states-code/title-16/section-2708-definitions--d0f46d3b6a.md
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Source location: Title 16, Chapter 47, § 2708; chapter-047-small-hydroelectric-power-projects.md
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**(a)** For purposes of this chapter, the term—
(1) “small hydroelectric power project” means any hydroelectric power project which is located at the site of any existing dam, which uses the water power potential of such dam, and which has not more than 30,000 kilowatts of installed capacity;
(2) “electric cooperative” means any cooperative association eligible to receive loans under [section 904 of title 7](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section904&num=0&edition=prelim);
(3) “industrial development agency” means any agency which is permitted to issue obligations the interest on which is excludable from gross income under [section 103 of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section103&num=0&edition=prelim);
(4) “project costs” means the cost of acquisiiton 11 So in original. Probably should be “acquisition”. or construction of all facilities and services and the cost of acquisition of all land and interests in land used in the design and construction and operation of a small hydroelectric power project;
(5) “nonprofit organization” means any organization described in section 501(c)(3) or 501(c)(4) of title 26 and exempt from tax under [section 501(a) of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section501/a&num=0&edition=prelim) (but only with respect to a trade or business carried on by such organization which is not an unrelated trade or business, determined by applying [section 513(a) of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section513/a&num=0&edition=prelim) to such organization);
(6) “existing dam” means any dam, the construction of which was completed or on 22 So in original. Probably should be “on or”. before July 22, 2005, and which does not require any construction or enlargement of impoundment structures (other than repairs or reconstruction) in connection with the installation of any small hydroelectric power project;
(7) “municipality” has the meaning provided in [section 796 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section796&num=0&edition=prelim); and
(8) “person” has the meaning provided in [section 796 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section796&num=0&edition=prelim).
**(b)** The requirement in subsection (a)(1) that a project be located at the site of an existing dam in order to qualify as a small hydroelectric power project, and the other provisions of this chapter which require that a project be at or in connection with an existing dam (or utilize the potential of such dam) in order to be assisted under or included within such provisions, shall not be construed to exclude—
(1) from the definition contained in such subsection (a)(1), or
(2) from any other provision of this chapter,
any project which utilizes or proposes to utilize natural water features for the generation of electricity, without the need for any dam or impoundment, in a manner which (as determined by the Commission) will achieve the purposes of this chapter and will do so without any adverse effect upon such natural water features.
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Federal law — U.S. Code and appendices · legal_authorities
The words defined in this section shall have the following meanings for purposes of this chapter, to wit:
(1) “public lands” means such lands and interest in lands owned by the United States as are subject to private appropriation and disposal under public land laws. It shall not include “reservations”, as hereinafter defined;
(2) “reservations” means national forests, tribal lands embraced within Indian reservations, military reservations, and other lands and interests in lands owned by the United States, and withdrawn, reserved, or withheld from private appropriation and disposal under the public land laws; also lands and interests in lands acquired and held for any public purposes; but shall not include national monuments or national parks;
(3) “corporation” means any corporation, joint-stock company, partnership, association, business trust, organized group of persons, whether incorporated or not, or a receiver or receivers, trustee or trustees of any of the foregoing. It shall not include “municipalities” as hereinafter defined;
(4) “person” means an individual or a corporation;
(5) “licensee” means any person, State, or municipality licensed under the provisions of [section 797 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section797&num=0&edition=prelim), and any assignee or successor in interest thereof;
(6) “State” means a State admitted to the Union, the District of Columbia, and any organized Territory of the United States;
(7) “municipality” means a city, county, irrigation district, drainage district, or other political subdivision or agency of a State competent under the laws thereof to carry on the business of developing, transmitting, utilizing, or distributing power;
(8) “navigable waters” means those parts
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 796
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Exclusion** Except as provided in subsection (b), gross income does not include interest on any State or local bond.
**(b) Exceptions** Subsection (a) shall not apply to—
(1) **Private activity bond which is not a qualified bond** — Any private activity bond which is not a qualified bond (within the meaning of section 141).
(2) **Arbitrage bond** — Any arbitrage bond (within the meaning of section 148).
(3) **Bond not in registered form, etc.** — Any bond unless such bond meets the applicable requirements of section 149.
**(c) Definitions** For purposes of this section and part IV—
(1) **State or local bond** — The term “State or local bond” means an obligation of a State or political subdivision thereof.
(2) **State** — The term “State” includes the District of Columbia and any possession of the United States.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary is authorized and empowered, from the sums hereinbefore authorized, to make loans for rural electrification to persons, corporations, States, Territories, and subdivisions and agencies thereof, municipalities, peoples’ utility districts and cooperative, nonprofit, or limited-dividend associations, organized under the laws of any State or Territory of the United States, for the purpose of financing the construction and operation of generating plants, electric transmission and distribution lines or systems for the furnishing and improving of electric service to persons in rural areas, including by assisting electric borrowers to implement demand side management, energy efficiency and conservation programs, and on-grid and off-grid renewable energy systems, and loans, from funds available under [section 903 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section903&num=0&edition=prelim), to cooperative associations and municipalities for the purpose of enabling said cooperative associations, and municipalities to the extent that such indebtedness was incurred with respect to electric transmission and distribution lines or systems or portions thereof serving persons in rural areas, to discharge or refinance long-term debts owed by them to the Tennessee Valley Authority on account of loans made or credit extended under the terms of the Tennessee Valley Authority Act of 1933, as amended [[16 U.S.C. 831](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section831&num=0&edition=prelim) et seq.]: Provided, That the Secretary, in making such loans, shall give preference to States, Territories, and subdivisions and agencies thereof, municipalities, peoples’ utility districts, and cooperative, n
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Federal law — U.S. Code and appendices · legal_authorities
Page 2216
TITLE 16—CONSERVATION
§ 2706
1 So in original. Probably should be ‘‘acquisition’’.
2 So in original. Probably should be ‘‘on or’’.
power projects having a proposed installed ca-
pacity of 10,000 kilowatts or less, on a case-by-
case basis or on the basis of classes or categories
of projects, subject to the same limitations (to
ensure protection for fish and wildlife as well as
other environmental concerns) as those which
are set forth in subsections (c) and (d) of section
30 of the Federal Power Act [16 U.S.C. 823a (c)
and (d)] with respect to determinations made
and exemptions granted under subsection (b) of
such section 30 [16 U.S.C. 823a(b)]; and sub-
sections (c) and (d) of such section 30 shall apply
with respect to actions taken and exemptions
granted under this subsection. Except as specifi-
cally provided in this subsection, the granting of
an exemption to a project under this subsection
shall in no case have the effect of waiving or
limiting the application (to such project) of the
second sentence of subsection (b) of this section.
(Pub. L. 95–617, title IV, § 405, Nov. 9, 1978, 92
Stat. 3156; Pub. L. 96–294, title IV, § 408(b), June
30, 1980, 94 Stat. 718; Pub. L. 113–23, §§ 3, 4(b),
Aug. 9, 2013, 127 Stat. 493, 495.)
Editorial Notes
REFERENCES IN TEXT
The Commission, referred to in text, means the Fed-
eral Energy Regulatory Commission, see section 2602(3)
of this title.
The Federal Power Act, referred to in subsecs. (a),
(b), and (d), is act June 10, 1920, ch. 285, 41 Stat. 1063,
which is classified generally to chapter 12 (§ 791a et
seq.) of this title. Part I of the Federal Power Act is
classified generally to subchapter I (§ 791a et seq.) of
chapter 12 of this title. For complete classification of
this Act to the Co
Source: Supplied 2024 U.S. Code historical extraction · 16 U.S.C. § 2708
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