The text of the bill below is as of Nov 6, 1986 (Passed Congress).
You are reading a bill enacted 13,296 days ago. In the intervening time subsequent legislation may have amended or repealed the provisions below.
100 STAT. 3490 PUBLIC LAW 99-618—NOV. 6, 1986
Public Law 99-618
99th Congress
An Act
Nov. 6, 1986 To authorize the Secretary of Transportation to release restrictions on the use of
certain property conveyed to the Peninsula Airport Commission, Virginia, for
[S. 2852] airport purposes. ; ) . . • / 'y. • v.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled, That (a) not-
withstanding section 16 of the Federal Airport Act (as in effect on
49 u s e 1115 app. May 14, 1947), the Secretary of Transportation is authorized, subject
to section 4 of the Act of October 1, 1949 (50 U.S.C. App. 1622c) and
subsection (b) of this section, to grant releases from any of the terms,
conditions, reservations, and restrictions contained in the deed of
conveyance dated May 14, 1947, under which the United States
conveyed certain property in Newport News, and York County,
Virginia, to the Peninsula Airport Commission for airport purposes.
(b) Any release granted by the Secretary of Transportation under
subsection (a) of this section shall be subject to the following
conditions—
Regulations. (1) The Peninsula Airport Commission shall agree that in
leasing or conveying any interest in the property which the
United States conveyed to such Commission by the deed de-
scribed in subsection (a), the (Commission will receive an amount
for such interest which is equal to the fair lease value or the fair
market value, as the case may be (as determined pursuant to
regulations issued by the Secretary).
(2) Any amount so received by the Peninsula Airport Commis-
sion shall be used by the Commission for the development,
improvement, operation, or maintenance of a public airport.
Real property. (3) Any release granted by the Secretary of Transportation
under subsection (a) of this section may not apply to more than
7.5 acres of real property.
(4) The Peninsula Airport (Commission may not lease or
convey any interest in any of the property which the United
States conveyed to such Commission by the deed described in
subsection (a), to any person or business concern other than the
City of Newport News, Virginia.
Approved November 6, 1986.
LEGISLATIVE HISTORY—S. 2852 (H.R. 5379):
CONGRESSIONAL RECORD, Vol. 132 (1986):
Sept. 24, H.R. 5379 considered and passed House.
Oct. 9, S. 2852 considered and passed Senate.
Oct. 17, considered and passed House.
