S.Amdt. 4681

1. Rewrites section 712

   Replaces

   Removes section 712.

   Inserted: SEC. 712. PILOT PROGRAM FOR REDEVELOPMENT OF AIRPORT PROPERTIES.

   Inserted: (a) In General.--Not later than 1 year after the date of the enactment of this Act, the Administrator of the Federal Aviation Administration shall establish a pilot program at not more than 4 public use airports, under which local airport operators, which have submitted a noise compatibility program approved by the Federal Aviation Administration under section 47504 of title 49, United States Code, will be awarded demonstration grants, from amounts made available under section 47117(e) of title 49, United States Code, and passenger facility revenue collected under section 40117 of title 49, United States Code, to establish partnerships with affected neighboring local jurisdictions--

   Inserted: (1) to support joint planning, engineering design, and environmental permitting for the assembly and redevelopment of property purchased with noise mitigation funds or passenger facility revenue;

   Inserted: (2) to encourage airport compatible land uses; and

   Inserted: (3) to generate economic benefits to the local airport authority and the adjacent community.

   Inserted: (b) Demonstration Grants.--

   Inserted: (1) In general.--The Administrator shall award not more than 4 grants for pilot property redevelopment demonstration projects distributed geographically and targeted to airports that demonstrate--

   Inserted: (A) a readiness to implement cooperative land use management and redevelopment plans with the adjacent community;

   Inserted: (B) clear economic benefits to the local community; and

   Inserted: (C) financial return to the airport through the implementation of the redevelopment plan.

   Inserted: (2) Federal share.--

   Inserted: (A) In general.--The United States Government share of the allowable costs of a project under this section shall be 80 percent.

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   Inserted: (B) Allowable costs.--In determining the allowable costs for a project under this section, the Secretary shall deduct, from the total costs of the activities described in subsection (a), the portion of such costs that is equal to the portion of the total property to be redeveloped under this section that is not owned and will not be acquired by the airport operator pursuant to the noise compatibility program, the affected neighboring local jurisdictions, or other public entities.

   Inserted: (3) Maximum amount.--Not more than $5,000,000 of the amounts made available under section 47117(e) of title 49, United States Code, may be expended under this pilot program at any single public use airport.

   Inserted: (4) Exception.--The amounts paid to the Secretary under paragraph (3)--

   Inserted: (A) shall be in addition to amounts made available under section 48103 of title 49, United States Code;

   Inserted: (B) shall not be subject to any limitation on grant obligations for any fiscal year; and

   Inserted: (C) shall remain available until expended.

   Inserted: (c) Grant Requirements.--The Administrator may not award a demonstration grant under this section unless--

   Inserted: (1) grant funds are used to enable the airport operator and local jurisdictions undertaking the community redevelopment effort to expedite redevelopment efforts; and

   Inserted: (2) the grant is subject to a requirement that--

   Inserted: (A) the local jurisdiction governing the property interests in question adopts zoning regulations that permit airport compatible redevelopment; and

   Inserted: (B) in determining the part of the proceeds from disposing of the land that is subject to repayment or reinvestment under section 47107(c)(2)(A) of title 49, United States Code, the total amount of the grant issued under this section is added to the amount of any grants awarded to acquire land.

   Inserted: (d) Noise Compatibility Measures.--Section 47504(a)(2) is amended--

   Inserted: (1) in subparagraph (D), by striking "and" at the end;

   Inserted: (2) in subparagraph (E), by striking the period at the end and inserting "; and"; and

   Inserted: (3) by adding at the end the following:

   Inserted: "(F) joint comprehensive land use planning including master plans, traffic studies, environmental evaluation and economic and feasibility studies, with neighboring local jurisdictions undertaking community redevelopment in the area where the land or other property interest acquired by the airport operator pursuant to this subsection is located, to encourage and enhance redevelopment opportunities that reflect zoning and uses that will prevent the introduction of additional incompatible uses and enhance redevelopment potential.".

   Inserted: (e) Use of Passenger Facility Revenue.--Eligible agencies that own or operate airports designated by the Administrator for participation in the pilot program under this section may use passenger facility revenue collected under section 40117 of title 49, United States Code, to pay for any project costs described in subsection (a) that are not financed with a demonstration grants awarded under this section.

   Inserted: (f) Report to Congress.--Not later than 30 months after the date on which the first grant is awarded under this section, the Administrator shall submit a report to Congress that describes the effectiveness of the program.

   Inserted: (g) Sunset.--This section shall expire on September 30, 2011.

   Original wording

   Strike section 712 and insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed