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Small Airport Regulation Relief Act of 2023

Source: Congress.gov  ·  330 words in original text
This bill changes how the federal government distributes Airport Improvement Program money to small airports for fiscal years 2024, 2025, and 2026. The bill allows certain small airports to use passenger boarding numbers from their best year between 2019 and 2021 instead of using current year numbers to calculate their funding.
The Secretary of Transportation and sponsors of small airports that had fewer than 10,000 passenger boardings in their recent years but had 10,000 or more passenger boardings in calendar year 2019.
* The Secretary must distribute Airport Improvement Program money based on passenger boarding numbers from calendar year 2019, 2020, or 2021 (whichever year had the most boardings) for fiscal years 2024, 2025, and 2026 if the airport meets two conditions. (Sec. 2) * An airport qualifies for this special rule if it had fewer than 10,000 passenger boardings during the calendar year normally used to calculate funding for that fiscal year. (Sec. 2) * An airport also must have had 10,000 or more passenger boardings during calendar year 2019 to receive this special funding treatment. (Sec. 2)
The law changes which year's passenger boarding numbers small airports must use to receive federal Airport Improvement Program funding for three fiscal years. Instead of using current year numbers, eligible airports can use their strongest performance year from 2019, 2020, or 2021.
Passenger boardings means the number of times people get on airplanes at an airport.
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.