1.This Act may be cited as the
Airport and Airway Extension Act of
2011, Part III
.
2.Extension of taxes funding Airport and
Airway Trust Fund
(a)Subparagraph (B) of
section
4081(d)(2) of the Internal Revenue Code of 1986 is amended by
striking June 30, 2011
and inserting July 22,
2011
.
(b)
(1)Clause (ii) of
section
4261(j)(1)(A) of the Internal Revenue Code of 1986 is amended
by striking June 30, 2011
and inserting July 22,
2011
.
(2)Clause (ii) of section 4271(d)(1)(A) of
such Code is amended by striking June 30, 2011
and inserting
July 22, 2011
.
(c)The amendments made by
this section shall take effect on July 1, 2011.
3.Extension of Airport and Airway Trust Fund
expenditure authority
(a)Paragraph (1) of
section
9502(d) of the Internal Revenue Code of 1986 is amended—
(1)by striking July 1, 2011
and
inserting July 23, 2011
; and
(2)by inserting or the
Airport and Airway Extension Act of 2011,
Part III
before the semicolon at the end of subparagraph
(A).
(b)Paragraph (2) of section 9502(e) of such
Code is amended by striking July 1, 2011
and inserting
July 23, 2011
.
(c)The amendments made by
this section shall take effect on July 1, 2011.
4.Extension of airport improvement
program
(a)Authorization of
appropriations
(1)Section 48103 of
title 49, United States Code, is amended by striking paragraph (8) and
inserting the following:
(8)$2,840,890,411 for the period beginning on
October 1, 2010, and ending on July 22,
2011.
.
(2)Subject to limitations specified in advance in
appropriation Acts, sums made available pursuant to the amendment made by
paragraph (1) may be obligated at any time through September 30, 2011, and
shall remain available until expended.
(3)For purposes
of calculating funding apportionments and meeting other requirements under
sections 47114, 47115, 47116, and 47117 of title 49, United States Code, for
the period beginning on October 1, 2010, and ending on July 22, 2011, the
Administrator of the Federal Aviation Administration shall—
(A)first calculate
funding apportionments on an annualized basis as if the total amount available
under section 48103 of such title for fiscal year 2011 were $3,515,000,000;
and
(B)then reduce by 7
percent—
(i)all funding
apportionments calculated under subparagraph (A); and
(ii)amounts available
pursuant to sections 47117(b) and 47117(f)(2) of such title.
(b)Section 47104(c) of such title is amended by striking
June 30, 2011,
and inserting July 22,
2011,
.
5.Extension of expiring
authorities
(a)Section 40117(l)(7) of title 49,
United States Code, is amended by striking July 1, 2011.
and
inserting July 23, 2011.
.
(b)Section
44302(f)(1) of such title is amended—
(1)by striking
June 30, 2011,
and inserting July 22, 2011,
;
and
(2)by striking
September 30, 2011,
and inserting October 31,
2011,
.
(c)Section 44303(b)
of such title is amended by striking September 30, 2011,
and
inserting October 31, 2011,
.
(d)Section
47107(s)(3) of such title is amended by striking July 1, 2011.
and inserting July 23, 2011.
.
(e)Section 47115(j)
of such title is amended by striking July 1, 2011,
and inserting
July 23, 2011,
.
(f)Section 47141(f)
of such title is amended by striking June 30, 2011.
and
inserting July 22, 2011.
.
(g)Section 49108 of
such title is amended by striking June 30, 2011,
and inserting
July 22, 2011,
.
(h)Section 161 of the
Vision 100—Century of Aviation Reauthorization Act (49 U.S.C. 47109
note) is amended by striking July 1, 2011,
and inserting
July 23, 2011,
.
(i)Section 186(d) of
such Act (117 Stat. 2518) is amended by striking July 1, 2011,
and inserting July 23, 2011,
.
(j)The amendments
made by this section shall take effect on July 1, 2011.
Passed the House of
Representatives June 24, 2011.
Karen L. Haas,
Clerk