§9041. Definitions

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Latest NOW As last amended Dec 27, 2020 — Pub. L. 116–260 As originally enacted Mar 27, 2020

15 U.S.C. § 9041

In this part:

(1)

Air carrier— The term “air carrier” has the meaning such term has under section 40102 of title 49.

(2)

Coronavirus— The term “coronavirus” means SARS–CoV–2 or another coronavirus with pandemic potential.

(3)

Covered loss— The term “covered loss” includes losses incurred directly or indirectly as a result of coronavirus, as determined by the Secretary.

(4)

Eligible business— The term “eligible business” means—

(A)

an air carrier; or

(B)

a United States business that has not otherwise received adequate economic relief in the form of loans or loan guarantees provided under this Act.

(5)

Employee— Except where the context otherwise requires, the term “employee”—

(A)

has the meaning given the term in section 152 of title 29; and

(B)

includes any individual employed by an employer subject to the Railway Labor Act (45 U.S.C. 151 et seq.).

(6)

Equity security; exchange— The terms “equity security” and “exchange” have the meanings given the terms in section 78c(a) of this title.

(7)

Municipality— The term “municipality” includes—

(A)

a political subdivision of a State, and

(B)

an instrumentality of a municipality, a State, or a political subdivision of a State.

(8)

National securities exchange— The term “national securities exchange” means an exchange registered as a national securities exchange under section 78f of this title.

(9)

Secretary— The term “Secretary” means the Secretary of the Treasury, or the designee of the Secretary of the Treasury.

(10)

State— The term “State” means—

(A)

any of the several States;

(B)

the District of Columbia;

(C)

any of the territories and possessions of the United States;

(D)

any bi-State or multi-State entity; and

(E)

any Indian Tribe.

(11)

Aerospace-related businesses critical to maintaining national security— The term “businesses critical to maintaining national security” means those businesses that manufacture or produce aerospace-related products, civil or defense, including those that design, integrate, assemble, supply, maintain, and repair such products, and other businesses involved in aerospace-related manufacturing or production as further defined by the Secretary, in consultation with the Secretary of Defense and the Secretary of Transportation. For purposes of the preceding sentence, aerospace-related products include, but are not limited to, components, parts, or systems of aircraft, aircraft engines, or appliances for inclusion in an aircraft, aircraft engine, or appliance.

Notes, amendments, and revision history

(Pub. L. 116–136, div. A, title IV, § 4002, Mar. 27, 2020, 134 Stat. 469; Pub. L. 116–260, div. N, title IV, § 412(c), Dec. 27, 2020, 134 Stat. 2061.)

Editorial Notes

References in Text

This part, referred to in text, was in the original “this subtitle”, meaning subtitle A (§§ 4001–4029) of title IV of div. A of Pub. L. 116–136, known as the Coronavirus Economic Stabilization Act of 2020, which is classified principally to this part. For complete classification of subtitle A to the Code, see section 4001 of Pub. L. 116–136, set out as a Short Title note under section 9001 of this title, and Tables.

This Act, referred to in par. (4)(B), probably means subtitle A (§§ 4001–4029) of title IV of div. A of Pub. L. 116–136, known as the Coronavirus Economic Stabilization Act of 2020, which is classified principally to this part. For complete classification of this Act to the Code, see section 4001 of Pub. L. 116–136, set out as a Short Title note under section 9001 of this title, and Tables.

The Railway Labor Act, referred to in par. (5)(B), is act May 20, 1926, ch. 347, 44 Stat. 577, which is classified principally to chapter 8 (§ 151 et seq.) of Title 45, Railroads. For complete classification of this Act to the Code, see section 151 of Title 45 and Tables.

Amendments

2020—Par. (11). Pub. L. 116–260 added par. (11).

§9041. Definitions

Amendment History

Editorial Notes

References in Text

Amendments

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