S.Amdt. 3463

SA 3463. Mr. BENNETT (for himself, Mr. Hatch, and Mr. Crapo)
submitted an amendment intended to be proposed to amendment SA 3452
proposed by Mr. Rockefeller to the bill H.R. 1586, to impose an
additional tax on bonuses received from certain TARP recipients; which
was ordered to lie on the table; as follows:

On page 360, between lines 10 and 11, insert the following:

SEC. 419. PRESERVATION AND EXPANSION OF ACCESS FOR SMALL
COMMUNITIES.

Section 41718 is amended by adding at the end the
following:

[[Page S1407]]

``(g) Additional Beyond-Perimeter Exemptions.--
``(1) In general.--Notwithstanding section 49109, an air
carrier that holds or operates 2 or more slots at Ronald
Reagan Washington National Airport (referred to in this
subsection as `DCA') as of the date of the enactment of this
subsection, and is utilizing such slots for scheduled service
between DCA and a large hub airport, may, subject to approval
by the Secretary, use up to 2 such slots for service to a
large hub airport that is more than 1,250 statute miles away
from DCA (referred to in this subsection as `beyond the
perimeter').
``(2) Criteria for review.--In reviewing slot exchange
requests under this subsection, the Secretary--
``(A) shall ensure that each slot exchange provides through
service benefits to small communities that are beyond the
perimeter in determining whether or not to grant such a
request; and
``(B) may not grant such a request if the Secretary
determines that such an exchange would result in the
reduction of nonstop service to or from a small or medium hub
airport that is not beyond the perimeter.
``(3) Annual audit.--The Secretary shall conduct an annual
audit of the use of slots exchanged under paragraph (1) to
determine if small communities that are beyond the perimeter
are benefiting from such exchanges.''.
______