The U.S. House of Representatives Thursday passed H.R. 915, a bill to reauthorize the Federal Aviation Administration (FAA) funding and safety oversight programs for four years with a total authorized spending level of $70 billion. The bill includes a total of $16.2 billion for the Airport Improvement Program (AIP), the primary source of federal funding for airport capital projects. The bill also increases the Passenger Facility Charge (PFC) on airline flights from $4.50 to $7.00, which is estimated to generate $1 billion per year in additional revenue. These fees may be levied by airports to fund airport infrastructure investment. AGC supported the PFC increase and will work to ensure that the provision is in the final bill.
The most recent multi-year authorization of the FAA expired on September 30, 2007. The programs have been operating under a series of short-term extensions since that time. The Senate has not yet acted on reauthorization legislation this year.
For more information, contact Brian Deery at deeryb@agc.org.
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