H.R. 3540

Federal Aviation Administration Extension Act of 2007

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IIB

110th CONGRESS

1st Session

H. R. 3540

IN THE SENATE OF THE UNITED STATES

September 25, 2007

Received

October 4, 2007

Read twice and referred to the Committee on Finance

AN ACT

To amend the Internal Revenue Code of 1986 to extend the funding and expenditure authority of the Airport and Airway Trust Fund, and for other purposes.

1.

Short title

This Act may be cited as the Federal Aviation Administration Extension Act of 2007.

2.

Extension of taxes funding Airport and Airway Trust Fund

(a)

Fuel taxes

Subparagraph (B) of section 4081(d)(2) of the Internal Revenue Code of 1986 is amended by striking September 30, 2007 and inserting December 31, 2007.

(b)

Ticket taxes

(1)

Persons

Clause (ii) of section 4261(j)(1)(A) of such Code is amended by striking September 30, 2007 and inserting December 31, 2007.

(2)

Property

Clause (ii) of section 4271(d)(1)(A) of such Code is amended by striking September 30, 2007 and inserting December 31, 2007.

(c)

Effective date

The amendments made by this section shall take effect on October 1, 2007.

3.

Extension of Airport and Airway Trust Fund expenditure authority

(a)

In general

Paragraph (1) of section 9502(d) of the Internal Revenue Code of 1986 is amended—

(1)

by striking October 1, 2007 and inserting January 1, 2008, and

(2)

by inserting or the Federal Aviation Administration Extension Act of 2007 before the semicolon at the end of subparagraph (A).

(b)

Conforming amendment

Paragraph (2) of section 9502(f) of such Code is amended by striking October 1, 2007 and inserting January 1, 2008.

(c)

Effective date

The amendments made by this section shall take effect on October 1, 2007.

4.

Extension of Airport Improvement Program

(a)

Authorization of appropriations

(1)

In general

Section 48103 of title 49, United States Code, is amended—

(A)

by striking and at the end of paragraph (3);

(B)

by striking the period at the end of paragraph (4) and inserting ; and; and

(C)

by inserting after paragraph (4) the following:

(5)

$918,750,000 for the 3-month period beginning October 1, 2007.

.

(2)

Obligation of amounts

Sums made available pursuant to the amendment made by paragraph (1) may be obligated at any time through September 30, 2008, and shall remain available until expended.

(b)

Project grant authority

Section 47104(c) of such title is amended by striking September 30, 2007, and inserting December 31, 2007,.

5.

Extension of authority to limit third party liability of air carriers arising out of acts of terrorism

Section 44303(b) of title 49, United States Code, is amended by striking December 31, 2006 and inserting December 31, 2007.

6.

Federal Aviation Administration operations

Section 106(k)(1) of title 49, United States Code, is amended—

(1)

by striking and at the end of subparagraph (C);

(2)

by striking the period at the end of subparagraph (D) and inserting ; and; and

(3)

by inserting after subparagraph (D) the following:

(E)

such sums as may be necessary for the 3-month period beginning October 1, 2007.

.

7.

Air navigation facilities and equipment

Section 48101(a) of title 49, United States Code, is amended—

(1)

by striking and at the end of paragraph (3);

(2)

by striking the period at the end of paragraph (4) and inserting ; and; and

(3)

by inserting after paragraph (4) the following:

(5)

such sums as may be necessary for the 3-month period beginning October 1, 2007.

.

8.

Research, engineering, and development

Section 48102(a) of title 49, United States Code, is amended—

(1)

by striking and at the end of paragraph (11)(L);

(2)

by striking the period at the end of paragraph (12)(L) and inserting ; and; and

(3)

by adding at the end the following:

(13)

such sums as may be necessary for the 3-month period beginning October 1, 2007.

.

Passed the House of Representatives September 24, 2007.

Lorraine C. Miller,

Clerk.