S. 1387 (112th): Airport and Airway Extension Act of 2011, Part IV

112th Congress, 2011–2013. Text as of Jul 19, 2011 (Introduced).

Status & Summary | PDF | Source: GPO

S 1387 IS

112th CONGRESS

1st Session

S. 1387

To amend the Internal Revenue Code of 1986 to extend the funding and expenditure authority of the Airport and Airway Trust Fund, to amend title 49, United States Code, to extend the airport improvement program, and for other purposes.

IN THE SENATE OF THE UNITED STATES

July 19, 2011

Mr. ROCKEFELLER (for himself, Mrs. HUTCHISON, and Mr. BAUCUS) introduced the following bill; which was read twice and referred to the Committee on Finance


A BILL

To amend the Internal Revenue Code of 1986 to extend the funding and expenditure authority of the Airport and Airway Trust Fund, to amend title 49, United States Code, to extend the airport improvement program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ‘Airport and Airway Extension Act of 2011, Part IV’.

SEC. 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 ‘July 22, 2011’ and inserting ‘September 16, 2011’.

    (b) Ticket Taxes-

      (1) Persons- Clause (ii) of section 4261(j)(1)(A) of the Internal Revenue Code of 1986 is amended by striking ‘July 22, 2011’ and inserting ‘September 16, 2011’.

      (2) Property- Clause (ii) of section 4271(d)(1)(A) of such Code is amended by striking ‘July 22, 2011’ and inserting ‘September 16, 2011’.

    (c) Effective Date- The amendments made by this section shall take effect on July 23, 2011.

SEC. 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 ‘July 23, 2011’ and inserting ‘September 17, 2011’; and

      (2) by inserting ‘or the Airport and Airway Extension Act of 2011, Part IV’ before the semicolon at the end of subparagraph (A).

    (b) Conforming Amendment- Paragraph (2) of section 9502(e) of such Code is amended by striking ‘July 23, 2011’ and inserting ‘September 17, 2011’.

    (c) Effective Date- The amendments made by this section shall take effect on July 23, 2011.

SEC. 4. EXTENSION OF AIRPORT IMPROVEMENT PROGRAM.

    (a) Authorization of Appropriations-

      (1) In general- Section 48103 of title 49, United States Code, is amended by striking paragraph (8) and inserting the following:

      ‘(8) $3,515,000,000 for the period beginning on October 1, 2010, and ending on September 16, 2011.’.

      (2) Obligation of amounts- Subject to limitations specified in advance in appropriation Acts, sums made available pursuant to the amendment made by paragraph (1) may be obligated at any time through September 30, 2011, and shall remain available until expended.

    (b) Project Grant Authority- Section 47104(c) of such title is amended by striking ‘July 22, 2011,’ and inserting ‘September 16, 2011,’.

SEC. 5. EXTENSION OF EXPIRING AUTHORITIES.

    (a) Section 40117(l)(7) of title 49, United States Code, is amended by striking ‘July 23, 2011.’ and inserting ‘September 17, 2011.’.

    (b) Section 44302(f)(1) of such title is amended--

      (1) by striking ‘July 22, 2011,’ and inserting ‘September 16, 2011,’; and

      (2) by striking ‘October 31, 2011,’ and inserting ‘December 31, 2011,’.

    (c) Section 44303(b) of such title is amended by striking ‘October 31, 2011,’ and inserting ‘December 31, 2011,’.

    (d) Section 47107(s)(3) of such title is amended by striking ‘July 23, 2011.’ and inserting ‘September 17, 2011.’.

    (e) Section 47115(j) of such title is amended by striking ‘July 23, 2011,’ and inserting ‘September 17, 2011,’.

    (f) Section 47141(f) of such title is amended by striking ‘July 22, 2011.’ and inserting ‘September 16, 2011.’.

    (g) Section 49108 of such title is amended by striking ‘July 22, 2011,’ and inserting ‘September 16, 2011,’.

    (h) Section 161 of the Vision 100-Century of Aviation Reauthorization Act (49 U.S.C. 47109 note) is amended by striking ‘July 23, 2011,’ and inserting ‘September 17, 2011,’.

    (i) Section 186(d) of such Act (117 Stat. 2518) is amended by striking ‘July 23, 2011,’ and inserting ‘September 17, 2011,’.

    (j) The amendments made by this section shall take effect on July 23, 2011.