To discontinue a Federal program that has never been used since its creation in 2003.

SA 3531. Mr. COBURN 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 114, strike line 8 and all that follows through
page 116, line 6 and insert the following:

SEC. 414. CONVERSION OF FORMER EAS AIRPORTS.

(a) In General.--Section 41745 is amended to read as
follows:

``Sec. 41745. Conversion of lost eligibility airports

``(a) In General.--The Secretary shall establish a program
to provide general aviation conversion funding for airports
serving eligible places that the Secretary has determined no
longer qualify for a subsidy.
``(b) Grants.--A grant under this section--
``(1) may not exceed twice the compensation paid to provide
essential air service to the airport in the fiscal year
preceeding the fiscal year in which the Secretary determines
that the place served by the airport is no longer an eligible
place; and
``(2) may be used--
``(A) for airport development (as defined in section
47102(3)) that will enhance general aviation capacity at the
airport;
``(B) to defray operating expenses, if such use is approved
by the Secretary; or
``(C) to develop innovative air service options, such as
on-demand or air taxi operations, if such use is approved by
the Secretary.
``(c) AIP Requirements.--An airport sponsor that uses funds
provided under this section for an airport development
project shall comply with the requirements of subchapter I of
chapter 471 applicable to airport development projects funded
under that subchapter with respect to the project funded
under this section.
``(d) Limitation.--The sponsor of an airport receiving
funding under this section is not eligible for funding under
section 41736.''.
(b) Clerical Amendment.--The table of sections for chapter
417 is amended by striking the item relating to section 41745
and inserting the following:

``41745. Conversion of lost eligibility airports.''.
______