---
kind: "section"
citation: "14 C.F.R. § 1300.1"
title: "14"
number: "1300.1"
heading: "Purpose."
url: "https://uscodex.org/cfr/14/1300.1"
---

# §1300.1. Purpose.


This part is issued by the Office of Management and Budget, (OMB) pursuant to Title I of the Air Transportation Safety and System Stabilization Act, Public Law 107-42, 115 Stat. 230 (“Act”). Specifically, [Section 102(c)(2)(B)](/cfr/14/102.md?p=c-2-B) directs OMB to issue regulations setting forth procedures for application and minimum requirements for the issuance of Federal credit instruments under [section 101(a)(1)](/cfr/14/101.md?p=a-1) of the Act.


## Notes

### Authority

Authority: Title I of Pub. L. 107-42, 115 Stat. 230 (49 U.S.C. 40101 note).

### Source

Source: 66 FR 52272, Oct. 12, 2001, unless otherwise noted.
