Section 1 Short title
This Act may be cited as the “Just End the Delays Act” or the “JET Delays Act”.
Just End the Delays Act
A BILL
To exempt the Federal Aviation Administration from sequestration, and for other purposes.
Sec. 2 Exemption of operations of Federal Aviation Administration from sequestration
Notwithstanding a sequestration order issued by the President pursuant to section 251A(7)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901a(7)(A)), there shall be available for the operations of the Federal Aviation Administration for fiscal year 2013 the amount that would have been made available for the operations of the Federal Aviation Administration for fiscal year 2013 but for sections 251 and 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901 and 901a), section 3004 of the Consolidated and Further Continuing Appropriations Act, 2013 (Public Law 113–6), and any sequestration order issued by the President.
Sec. 3 General aviation aircraft treated as 7-year property
In general— Subparagraph (C) of section 168(e)(3) of the Internal Revenue Code of 1986 (relating to classification of certain property) is amended—
in clause (iv), by striking “and” at the end;
by redesignating clause (v) as clause (vi); and
by inserting after clause (iv) the following new clause:
“(v) any general aviation aircraft, and”
Class life— Paragraph (3) of section 168(g) of the Internal Revenue Code of 1986 is amended by inserting after subparagraph (E) the following new subparagraph:
“(F) General aviation aircraft—In the case of any general aviation aircraft, the recovery period used for purposes of paragraph (2) shall be 12 years.”
General aviation aircraft— Subsection (i) of section 168 of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph:
“(20) General aviation aircraft
“(A) In general—Except as provided in subparagraph (B), the term general aviation aircraft means any aircraft (including airframes and engines) not used in commercial or contract carrying of passengers or freight, but which primarily engages in the carrying of passengers.
“(B) Exclusion—The term general aviation aircraft does not include aircraft used primarily in emergency or emergency relief operations.”
Effective date— The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.