Hangars Accelerate National Growth And Regional Stability Act
A BILL
To provide for improvements to aircraft hangars, and for other purposes.
Sec. 2 Hangar development program for general aviation airports
Sec. 3 Hangar development program for primary airports
“219. Grants for hangar improvement
“(a) In general—On the application of an eligible recipient, the Secretary may make grants to construct, repair, or improve an aircraft hangar facility to further the economic adjustment objectives of this subchapter.
“(b) Criteria for grant—The Secretary may make a grant under this section if the Secretary determines that—
“(1) the eligible project for which the grant is applied will, directly or indirectly—
“(A) improve the opportunities, in the area where the eligible project is or will be located, for the successful establishment or expansion of aircraft maintenance and repair hangar facilities;
“(B) leverage private sector investments to build or improve hangar facilities at the airport;
“(C) assist in the creation of additional long-term employment opportunities in the area; or
“(D) improve the opportunities, in the area where the eligible project is or will be located, for air carriers to establish or increase commercial routes;
“(2) the area for which the eligible project is to be carried out has a comprehensive economic development strategy and the eligible project is consistent with the strategy; and
“(3) the eligible project is located on a statewide aviation master plan or on the airport’s master plan.
“(c) Eligible recipient—In this section, the term eligible recipient has the meaning given such term in section 3 and includes a primary airport (as defined in section 47102 of title 49, United States Code).
“(d) Eligible project—In this section, the term eligible project means a project to construct, repair, or improve an aircraft hangar facility at a primary airport (as defined in section 47102 of title 49, United States Code).
“(e) Federal share—Notwithstanding section 204, the Federal share of the costs of an eligible project carried out with a grant under this section is 85 percent.
“(f) Notice of Federal interest—Notwithstanding any other provision of law, any eligible recipient awarded a grant under this section shall record a statement of the Federal Government’s interest in the property improved through the grant in a form acceptable to the Secretary. The Secretary of Transportation shall cooperate with the Secretary as may be needed to facilitate the recording of such statement.
“(g) Administration—Of the amounts made available under subsection (h), the Secretary may retain up to 1 percent for personnel, contracting, and other costs to administer and oversee grants made under this section.
“(h) Authorization of appropriations—There is authorized to be appropriated to the Secretary $100,000,000 for the purpose of carrying out this section. Amounts appropriated under the preceding sentence shall remain available until expended.”