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.”