; (2) a quantification of the ratepayer savings achieved under this section; and (3) any recommendations to renew or expand the credits. 3. Nuclear closure communities (a) Definitions In this section: (1) Community advisory board The term community advisory board means a community committee or other advisory organization that aims to foster communication and information exchange between a licensee planning for and involved in decommissioning activities and members of the community that decommissioning activities may affect. (2) Decommission The term decommission has the meaning given the term in section 50.2 of title 10, Code of Federal Regulations (or successor regulations). (3) Eligible recipient The term eligible recipient has the meaning given the term in section 3 of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3122 ). (4) Licensee The term licensee has the meaning given the term in section 50.2 of title 10, Code of Federal Regulations (or successor regulations). (5) Nuclear closure community The term nuclear closure community means a unit of local government, including a county, city, town, village, school district, or special district that has been impacted, or reasonably demonstrates to the satisfaction of the Secretary of Commerce, that it will be impacted, by a nuclear power plant licensed by the Commission that has ceased operation or has provided a written notification to the Commission that it will cease operations as of the date of enactment of this Act. (b) Establishment Not later than 180 days after the date of enactment of this Act, the Secretary of Commerce shall establish a grant program to provide grants to eligible recipients— (1) to provide financial assistance to local governments who have experienced, or are anticipating, major revenue shortfalls due to the closure, or announced closure, of a nuclear power plant; (2) to assist with economic development in nuclear closure communities