To require the Comptroller General of the United States to study the impact of increases in fuel prices on the long-term viability of the Airport and Airway Trust Fund and on the aviation industry in general.

SA 3508. Mr. JOHANNS submitted an amendment 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:

At the end of title VII, add the following:

SEC. 723. STUDY ON AVIATION FUEL PRICES.

(a) In General.--Not later than 180 days after the date of
the enactment of this Act, the Comptroller General of the
United States shall conduct a study and report to Congress on
the impact of increases in aviation fuel prices on the
Airport and Airway Trust Fund and the aviation industry in
general. The study shall include the impact of increases in
aviation fuel prices on--
(1) general aviation;
(2) commercial passenger aviation;
(3) piston aircraft purchase and use;
(4) the aviation services industry, including repair and
maintenance services;
(5) aviation manufacturing;
(6) aviation exports; and
(7) the use of small airport installations.
(b) Assumptions About Aviation Fuel Prices.--In conducting
the study required by subsection (a), the Comptroller General
shall use the average aviation fuel price for fiscal year
2010 as a baseline and measure the impact of increases in
aviation fuel prices that range from 5 percent to 200 percent
over the 2010 baseline.
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