Section 1 Short title
This Act may be cited as the “Funding for Aviation Screeners and Threat Elimination Restoration Act” or the “FASTER Act”.
Funding for Aviation Screeners and Threat Elimination Restoration Act
A BILL
To amend title 49, United States Code, to ensure that revenues collected from passengers as aviation security fees are used to help finance the costs of aviation security screening by repealing a requirement that a portion of such fees be credited as offsetting receipts and deposited in the general fund of the Treasury.
Sec. 2 Repeal of requirement regarding crediting and deposit of a portion of aviation security fees
Repeal— Section 44940 of title 49, United States Code, is amended—
in subsection (c), by striking paragraph (3);
in subsection (f)—
by striking the heading and inserting “Deposit and availability of fee.—”;
by striking paragraph (1);
by redesignating paragraphs (2) and (3) as paragraphs (1) and (2), respectively; and
by amending paragraph (1), as so redesignated, to read as follows:
“(1) shall be deposited into a separate account in the Treasury, which shall be available to the Administrator for expenditure only to pay the costs of activities and services for which the fee is imposed; and”
by striking subsection (i).
Conforming amendment— Subsection (d)(4) of such section is amended by striking “, other than subsection (i),”.