Section 1 Short title
This Act may be cited as the “Investing in America: Rebuilding America’s Airport Infrastructure Act”.
Investing in America: Rebuilding America’s Airport Infrastructure Act
A BILL
To amend title 49, United States Code, to make modifications to the passenger facility charge program administered by the Federal Aviation Administration, and for other purposes.
Sec. 2 Passenger facility charges
Section 40117(b) of title 49, United States Code, is amended—
in paragraph (1) by striking “of $1, $2, or $3” and inserting “in any amount”;
by striking paragraph (4);
by redesignating paragraphs (5), (6), and (7) as paragraphs (4), (5), and (6), respectively;
in paragraph (5) (as so redesignated)—
by striking “specified in paragraphs (1) and (4)” and inserting “specified in paragraph (1)”; and
by striking “imposed under paragraph (1) or (4)” and inserting “imposed under paragraph (1)”; and
in paragraph (6)(A) (as so redesignated)—
by striking “specified in paragraphs (1), (4), and (6)” and inserting “specified in paragraphs (1) and (5)”; and
by striking “imposed under paragraph (1) or (4)” and inserting “imposed under paragraph (1)”.
Sec. 3 Airport improvement program
Funding— Section 48103(a) of title 49, United States Code, is amended by striking “$3,350,000,000” and all that follows before the period at the end and inserting “$2,950,000,000 for each of fiscal years 2018 through 2021”.
Apportionments— Section 47114 of title 49, United States Code, is amended—
by striking “$3,200,000,000” each place it appears and inserting “$2,950,000,000”; and
in subsection (f)—
in paragraph (1) by striking “paragraph (3)” and inserting “paragraph (4)”;
by redesignating paragraphs (2) and (3) as paragraphs (3) and (4), respectively;
by inserting after paragraph (1) the following:
“(2) Special rule for certain large hub airports—Subject to paragraph (4), and in lieu of the reduction under paragraph (1), an amount that would be apportioned under this section (other than amounts apportioned under subsection (c)(2)) in a fiscal year to the sponsor of an airport having at least 1.0 percent of the total number of boardings each year in the United States and for which a charge of more than $4.50 is imposed in the fiscal year under section 40117 shall be reduced by an amount equal to—
“(A) except as provided in subparagraph (B), 100 percent of the projected revenues from the charge in the fiscal year but not by more than 100 percent of the amount that otherwise would be apportioned under this section; or
“(B) with respect to an airport in Hawaii, 100 percent of the projected revenues from the charge in the fiscal year but not by more than 100 percent of the excess of—
“(i) the amount that otherwise would be apportioned under this section; over
“(ii) the amount equal to the amount specified in clause (i) multiplied by the percentage of the total passenger boardings at the applicable airport that are comprised of interisland passengers.”
in paragraph (3) (as so redesignated) by striking “paragraph (1)” and inserting “paragraph (1) or (2)”; and
in paragraph (4) (as so redesignated)—
in subparagraph (A)—
by striking “.25 percent” and inserting “1.0 percent”; and
by striking “paragraph (1)” and inserting “paragraph (2)”; and
in subparagraph (B) by striking “fiscal year 2004” and inserting “fiscal year 2018 and each fiscal year thereafter”.
Use of apportioned amounts— Section 47117(e)(1)(C) of title 49, United States Code, is amended by striking “$3,200,000,000” and inserting “$2,950,000,000”.