; (E) prohibits a provider of broadband internet access service from using grant funds to repay, or make any other payment relating to, a loan made by any public or private lender; and (F) prohibits a provider of broadband internet access service from using grant funds as collateral for a loan made by any public or private lender. (5) Definitions In this subsection: (A) Broadband internet access service The term broadband internet access service has the meaning given such term in section 8.1(b) of title 47, Code of Federal Regulations (or any successor regulation). (B) Commission The term Commission means the Federal Communications Commission. . (b) Effective date (1) In general The amendments made by this section shall apply with respect to payments made under section 601 of the Social Security Act ( 42 U.S.C. 801 ) on or after March 27, 2020, including with respect to a grant from funds provided under such a payment for the deployment of infrastructure for the provision of broadband internet access service that was awarded, or the expenditure of such funds for a purpose described in subsection (e)(2) of such section that was incurred, by a State, Tribal government, or unit of local government before the date of the enactment of this Act. (2) Definitions In this subsection, the terms defined in section 601 of the Social Security Act ( 42 U.S.C. 801 ) have the meanings given such terms in such section.