1. Short Title
This Act may be cited as the “Small Airport Regulation Relief Act of 2014”.
Small Airport Regulation Relief Act of 2014
A BILL
To amend title 49, United States Code, with respect to apportionments under the Airport Improvement Program, and for other purposes.
2. Apportionments
Section 47114(c)(1) of title 49, United States Code, is amended by adding at the end the following:
“(G) Special rule for fiscal years 2015 and 2016—Notwithstanding subparagraph (A), the Secretary shall apportion to the sponsor of an airport under that subparagraph, for each of fiscal years 2015 and 2016, an amount based on the number of passenger boardings at the airport during calendar year 2012 if the airport had—
“(i) fewer than 10,000 passenger boardings during the calendar year used to calculate the apportionment for fiscal year 2015 or 2016 under subparagraph (A); and
“(ii) 10,000 or more passenger boardings during calendar year 2012.”