S.Amdt. 3792

SA 3792. Mr. CORNYN submitted an amendment intended to be proposed to
amendment SA 3754 submitted by Mr. Hatch and intended to be proposed to
the amendment SA 3679 proposed by Mr. McConnell (for Mr. Thune (for
himself and Mr. Nelson)) to the bill H.R. 636, to amend the Internal
Revenue Code of 1986 to permanently extend increased expensing
limitations, and for other purposes; which was ordered to lie on the
table; as follows:

At the appropriate place, insert the following:

SEC. 5033. AUTHORIZATION OF ADDITIONAL SLOT EXEMPTIONS.

(a) In General.--In addition to the provisions of section
5032 of this Act and notwithstanding sections 49104(a)(5),
49109, and 41714 of title 49, United States Code, not later
than 90 days after the date of the enactment of this Act, the
Secretary shall, by order, grant exemptions from the
requirements of subparts K and S of part 93 of title 14, Code
of Federal Regulations, to enable air carriers to operate
limited frequencies and aircraft on routes between Ronald
Reagan Washington National Airport and airports located
beyond the perimeter restriction.
(b) Beyond-perimeter Operations.--The Secretary shall make
available, upon request, not more than 2 exemptions made
available under subsection (a) to each air carrier that--
(1) sells flights in its own name;
(2) has daily scheduled service at Ronald Reagan Washington
National Airport as of the date of the enactment of this Act;
and
(3) commits, in using such an exemption--
(A) to discontinue the use of a slot for service between
Ronald Reagan Washington National Airport and a large hub
airport within the perimeter restriction and to operate, in
place of such service, service between Ronald Reagan
Washington National Airport and a medium hub airport or small
hub airport located beyond the perimeter restriction that has
no daily nonstop air service to Ronald Reagan Washington
National Airport as of the date of the enactment of this Act;
(B) to operate an aircraft, not to include a multi-aisle or
wide body aircraft, with equal or lesser passenger capacity
when compared to the aircraft used on service discontinued
under subparagraph (A); and
(C) to file a notice of intent with the Secretary to inform
the Secretary of any change in circumstances concerning the
use of the exemption that specifies the airport to be served
using the exemption, the type of aircraft to be used, and the
slot the carrier is discontinuing under subparagraph (A).
(c) Air Carrier Discretion.--Except with respect to the
requirements of subsection (b), an air carrier that receives
an exemption under subsection (a) shall have sole discretion
concerning the use of the exemption, including the selection
of the initial airport and any subsequent airports to be
served.
(d) Return of Within-perimeter Slots.--An air carrier shall
be entitled to the return by the Secretary of a slot for
flights within the perimeter restriction if the use of an
exemption made available to the air carrier under subsection
(a) is discontinued.
(e) Prohibition Against Transfers.--In accordance with
section 41714(j) of title 49, United States Code, an
exemption granted under subsection (a) to an air carrier may
not be bought, sold, leased, or otherwise transferred by the
air carrier.
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