US Codex
Pub. L.
Notes

Title II — Aviation Revenue Provisions

115th Congress · Approved Sep 29, 2017 · 131 Stat. 1168 · Lineage

TITLE II Aviation Revenue Provisions

SEC. 201. Expenditure Authority from Airport and Airway Trust Fund.

(a)
In General.— Section 9502(d)(1) of the Internal Revenue Code of 1986 is amended—
(1)
in the matter preceding subparagraph (A) by striking “ October 1, 2017” and inserting “ April 1, 2018”; and
(2)
in subparagraph (A) by striking the semicolon at the end and inserting “ or the Disaster Tax Relief and Airport and Airway Extension Act of 2017;”.
(b)
Conforming Amendment.— Section 9502(e)(2) of such Code is amended by striking “ October 1, 2017” and inserting “ April 1, 2018”.

SEC. 202. Extension of Taxes Funding Airport and Airway Trust Fund.

(a)
Fuel Taxes.— Section 4081(d)(2)(B) of the Internal Revenue Code of 1986 is amended by striking “ September 30, 2017” and inserting “ March 31, 2018”.
(b)
Ticket Taxes.—
(1)
Persons.— Section 4261(k)(1)(A)(ii) of such Code is amended by striking “ September 30, 2017” and inserting “ March 31, 2018”.
(2)
Property.— Section 4271(d)(1)(A)(ii) of such Code is amended by striking “ September 30, 2017” and inserting “ March 31, 2018”.
(c)
Fractional Ownership Programs.—
(1)
Treatment as noncommercial aviation.— Section 4083(b) of such Code is amended by striking “ October 1, 2017” and inserting “ April 1, 2018”.
(2)
Exemption from ticket taxes.— Section 4261(j) of such Code is amended by striking “ September 30, 2017” and inserting “ March 31, 2018”.