US Codex
Bill
Notes

To amend title 49, United States Code, with respect to certain grant assurances, and for other purposes.

H.R. 5944 · 114th Congress · Oct 7, 2016 · Lineage

AN ACT

Section 1 Grant assurances

Section 47107 of title 49, United States Code, is amended by adding at the end the following:

“(t) Renewal of certain leases

“(1) In general—Notwithstanding subsection (a)(13), an airport owner or operator who renews a covered lease shall not be treated as violating a written assurance requirement under this section as a result of such renewal.

“(2) Covered lease defined—In this subsection, the term covered lease means a lease—

“(A) originally entered into before the date of enactment of this subsection;

“(B) under which a nominal lease rate is provided;

“(C) under which the lessee is a Federal or State government entity; and

“(D) that supports the operation of military aircraft by the Air Force or Air National Guard—

“(i) at the airport; or

“(ii) remotely from the airport.”