; (2) an analysis of the expenditures and estimate of the cost to the United States of the operation of an Oversight Board; (3) the compliance or noncompliance of an Oversight Board with this Act and all other applicable laws; and (4) recommendations for improving the operations of an Oversight Board. . (b) Clerical amendment The table of contents of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2101 et seq.) is amended by inserting after the item relating to section 109 the following: Sec. 110. Report on Oversight Board. . 12. Puerto Rico Infrastructure Revitalization repealed Title V of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2211 et seq.) (relating to Puerto Rico Infrastructure Revitalization) is repealed. 13. Territorial relief for unsecured public debt (a) In general The Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2101 et seq.) is amended by adding after title VII, the following: VIII TERRITORIAL RELIEF 801. Definitions For purposes of this title: (1) Collateral The term collateral means property subject to a security interest. (2) Financial obligation The term financial obligation means an obligation validly owed as of the effective date of this title by a qualifying territory or an instrumentality of a qualifying territory that arises from any— (A) security issued by a qualifying territory or instrumentality of a qualifying territory; (B) loan taken out by a qualifying territory or instrumentality of a qualifying territory; (C) repurchase or swap or other derivative contract entered into by a qualifying territory or instrumentality of a qualifying territory; or (D) guaranty of any security or loan or repurchase or swap or other derivative contract by a qualifying territory or instrumentality of a qualifying territory