Grant Anticipation Revenue Vehicle, or GARVEE, is a type of bond or similar financing method issued by a state or state infrastructure bank under the guidelines of the National Highway System Designation Act of 1995, eventually made permanent in section 122 of Title 23 of the United States Code. States must repay the bonds using federal funds expected to be received in the future. Some financing under this plan is referred to using the term Grant Anticipation Note (GAN).