S.Amdt. 3542

SA 3542. 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 279, after line 24, add the following:

SEC. 723. PROJECT COMPLIANCE WITH NATIONAL AVIATION
PRIORITIES.

(a) Airport Improvement Program.--The Administrator of the
Federal Aviation Administration shall ensure that any amount
made available for airport improvement under subchapter 1 of
chapter 471 of title 49, United States Code, is for a project
that--
(1) has a National Priority Rating of not less than 41; and
(2) is included in the Airports Capital Improvement Plan.
(b) Tower/Terminal Air Traffic Control Facility Replacement
Program.--The Administrator shall ensure that any amount made
available for the replacement of air traffic control
facilities under such subchapter is for a project that is on
the priority list of the Administration.
(c) Instrument Landing Systems Program Funds.--The
Administrator shall ensure that any amount made available for
instrument landing systems under such subchapter is for a
project that--
(1) has a higher benefit than cost; and
(2) complies with such other requirements of the
Administration as the Administrator considers appropriate.
(d) Other Projects.--The Administrator shall ensure that
any amount made available under such subchapter for a purpose
not described in subsection (a), (b), or (c) is for a project
that the Administrator considers a national priority.
(e) Annual Report.--
(1) In general.--Not later than December 31, 2010, and
annually thereafter, the Administrator shall submit to
Congress a report that lists each project of the
Administration that failed to comply with the provisions of
this section in the most recent fiscal year ending before the
date of such submittal.
(2) Contents.--For each report submitted under paragraph
(1), the Administrator shall include, for each project listed
in such report, the following:
(A) A description of the project.
(B) A type classification of the project.
(C) The cost of the project.
(D) The impact of the project on the aviation priorities of
the United States.
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