[United States Statutes at Large, Volume 122, 110th Congress, 2nd Session]
[From the U.S. Government Printing Office, www.gpo.gov]

122 STAT. 643

Public Law 110-190
110th Congress

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. [NOTE: Feb. 28, 2008 -  [H.R. 5270]]

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled, [NOTE: Airport and
Airway Extension Act of 2008.]
SECTION 1. [NOTE: 26 USC 1 note.] SHORT TITLE.

This Act may be cited as the ``Airport and Airway Extension Act of
2008''.
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 [NOTE: 26 USC 4081.] is amended by
striking ``February 29, 2008'' and inserting ``June 30, 2008''.

(b) Ticket Taxes.--
(1) Persons.--Clause (ii) of section 4261(j)(1)(A) of such
Code is amended by striking ``February 29, 2008'' and inserting
``June 30, 2008''.
(2) Property.--Clause (ii) of section 4271(d)(1)(A) of such
Code is amended by striking ``February 29, 2008'' and inserting
``June 30, 2008''.

(c) [NOTE: 26 USC 9502 note.] Effective Date.--The amendments made
by this section shall take effect on March 1, 2008.
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 ``March 1, 2008'' and inserting ``July 1,
2008'', and
(2) by inserting ``or the Airport and Airway Extension Act
of 2008'' 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 ``March 1, 2008'' and inserting ``July 1,
2008''.
(c) Effective Date.--The amendments made by this section shall take
effect on March 1, 2008.
SEC. 4. EXTENSION OF AIRPORT IMPROVEMENT PROGRAM AND OTHER
AUTHORITIES.

(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);

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122 STAT. 644

(B) by striking the period at the end of paragraph
(4) and inserting ``; and''; and
(C) by inserting after paragraph (4) the following:
``(5) $2,756,250,000 for the 9-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.
(3) Program implementation.--For purposes of calculating
funding apportionments and meeting other requirements under
sections 47114, 47115, 47116, and 47117 of title 49, United
States Code, for the 9-month period beginning October 1, 2007,
the Administrator of the Federal Aviation Administration shall--
(A) first calculate such funding apportionments on
an annualized basis as if the total amount available
under section 48103 of such title for fiscal year 2008
were $3,675,000,000; and
(B) then reduce by 25 percent--
(i) all funding apportionments calculated
under subparagraph (A); and
(ii) amounts available pursuant to sections
47117(b) and 47117(f)(2) of such title.

(b) Project Grant Authority.--Section 47104(c) [NOTE: 49 USC
47104.] of such title is amended by striking ``September 30, 2007,''
and inserting ``June 30, 2008,''.

(c) Government Share of Certain AIP Costs.--Section 161 of the
Vision 100--Century of Aviation Reauthorization Act (49 U.S.C. 47109
note) is amended by striking ``in each of fiscal years 2004 through
2007'' and inserting ``in fiscal year 2008 before July 1, 2008,''.
(d) Adjustment Authority.--
(1) [NOTE: 49 USC 41731 note.] In general.--Section 409(d)
of such Act (49 U.S.C. 40101 note) is amended by striking
``2007.'' and inserting ``2008.''.
(2) [NOTE: Applicability. 49 USC 41731 note.] Effective
date.--The amendment made by paragraph (1) shall take effect on
September 29, 2007, and shall apply with respect to any final
order issued under section 409(c) of such Act that was in effect
on such date.

(e) Airport Eligibility.--The first sentence of section 186(d) of
such Act (117 Stat. 2518) is amended by inserting ``and for

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122 STAT. 645

the portion of fiscal year 2008 ending before July 1, 2008,'' after
``2007,''.

Approved February 28, 2008.

LEGISLATIVE HISTORY--H.R. 5270:
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CONGRESSIONAL RECORD, Vol. 154 (2008):
Feb. 12, considered and passed House.
Feb. 13, considered and passed Senate.