DEADLINE NEARS FOR AVIATION FUNDING BILL

Congress has until August 6, 1999, to complete work on competing bills to reauthorize the Federal Aviation Administration (FAA) and the Aviation Trust Fund, the latter established in 1982 to finance improvements to the nation's airports. Currently, the Airport Improvement Program (AIP) and the Aviation Trust Fund are funded through the following taxes on aviation users: an 8% passenger ticket tax, a $2 passenger flight segment fee, a 6.25% freight waybill tax, $12 international departure and arrival taxes, a 7.5% tax on frequent-flier awards, and aviation fuel taxes. The FAA reports that during fiscal years 1982-1996, the AIP money was spent as follows: 52.76% for runways, taxiways, and aprons; 11.2% on noise control projects; 7.82% for land purchases; 6.03% on safety and security; 5.2% on buildings; 4.78% on airport roads; and the remainder on such miscellaneous projects as lighting and planning. New breakdowns will come after the FAA receives new funding, but it is widely presumed that the breakdown will be roughly the same in future years, but from a larger pot of money.

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00793962
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jun 9 2000 12:00AM