To require the Administrator of the Federal Aviation Administration to develop a financing proposal for fully funding the development and implementation of technology for the Next Generation Air Transportation System.

SA 3527. Mr. McCAIN proposed an amendment 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; as
follows:

On page 84, between lines 21 and 22, insert the following:

SEC. 319. REPORT ON FUNDING FOR NEXTGEN TECHNOLOGY.

Not later than 90 days after the date of the enactment of
this Act, the Administrator of the Federal Aviation
Administration shall submit to Congress a report that
contains--
(1) a financing proposal that--
(A) uses innovative methods to fully fund the development
and implementation of technology for the Next Generation Air
Transportation System in a manner that does not increase the
Federal deficit; and
(B) takes into consideration opportunities for involvement
by public-private partnerships; and
(2) recommendations with respect to how the Administrator
and Congress can provide operational benefits, such as
benefits relating to preferred airspace, routings, or runway
access, for air carriers that equip their aircraft with
technology necessary for the operation of the Next Generation
Air Transportation System before the date by which the
Administrator requires the use of such technology.

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