Code Section 9502
|Code Section||Effective Date||Name of Act||Name of Provision||10yr Revenue Estimate ($millions)|
|9502||2/18/2012||FAA Modernization and Reform Act of 2012||Extension of Airport and Airway Trust Fund Expenditure Authority||No revenue effect|
Extension of Airport and Airway Trust Fund Expenditure Authority
Explanation of Provision
The Act authorizes expenditures from the Airport and Airway Trust Fund through September 30, 2015. The Act also amends the list of authorizing statutes to include the ‘‘FAA Modernization and Reform Act of 2012,’’ which sets forth aviation program expenditure purposes through September 30, 2015.
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