[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1387 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                S. 1387

 To amend the Internal Revenue Code of 1986 to extend the funding and 
 expenditure authority of the Airport and Airway Trust Fund, to amend 
    title 49, United States Code, to extend the airport improvement 
                    program, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 19, 2011

     Mr. Rockefeller (for himself, Mrs. Hutchison, and Mr. Baucus) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to extend the funding and 
 expenditure authority of the Airport and Airway Trust Fund, to amend 
    title 49, United States Code, to extend the airport improvement 
                    program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Airport and Airway Extension Act of 
2011, Part IV''.

SEC. 2. EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND.

    (a) Fuel Taxes.--Subparagraph (B) of section 4081(d)(2) of the 
Internal Revenue Code of 1986 is amended by striking ``July 22, 2011'' 
and inserting ``September 16, 2011''.
    (b) Ticket Taxes.--
            (1) Persons.--Clause (ii) of section 4261(j)(1)(A) of the 
        Internal Revenue Code of 1986 is amended by striking ``July 22, 
        2011'' and inserting ``September 16, 2011''.
            (2) Property.--Clause (ii) of section 4271(d)(1)(A) of such 
        Code is amended by striking ``July 22, 2011'' and inserting 
        ``September 16, 2011''.
    (c) Effective Date.--The amendments made by this section shall take 
effect on July 23, 2011.

SEC. 3. EXTENSION OF AIRPORT AND AIRWAY TRUST FUND EXPENDITURE 
              AUTHORITY.

    (a) In General.--Paragraph (1) of section 9502(d) of the Internal 
Revenue Code of 1986 is amended--
            (1) by striking ``July 23, 2011'' and inserting ``September 
        17, 2011''; and
            (2) by inserting ``or the Airport and Airway Extension Act 
        of 2011, Part IV'' before the semicolon at the end of 
        subparagraph (A).
    (b) Conforming Amendment.--Paragraph (2) of section 9502(e) of such 
Code is amended by striking ``July 23, 2011'' and inserting ``September 
17, 2011''.
    (c) Effective Date.--The amendments made by this section shall take 
effect on July 23, 2011.

SEC. 4. EXTENSION OF AIRPORT IMPROVEMENT PROGRAM.

    (a) Authorization of Appropriations.--
            (1) In general.--Section 48103 of title 49, United States 
        Code, is amended by striking paragraph (8) and inserting the 
        following:
            ``(8) $3,515,000,000 for the period beginning on October 1, 
        2010, and ending on September 16, 2011.''.
            (2) Obligation of amounts.--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.
    (b) Project Grant Authority.--Section 47104(c) of such title is 
amended by striking ``July 22, 2011,'' and inserting ``September 16, 
2011,''.

SEC. 5. EXTENSION OF EXPIRING AUTHORITIES.

    (a) Section 40117(l)(7) of title 49, United States Code, is amended 
by striking ``July 23, 2011.'' and inserting ``September 17, 2011.''.
    (b) Section 44302(f)(1) of such title is amended--
            (1) by striking ``July 22, 2011,'' and inserting 
        ``September 16, 2011,''; and
            (2) by striking ``October 31, 2011,'' and inserting 
        ``December 31, 2011,''.
    (c) Section 44303(b) of such title is amended by striking ``October 
31, 2011,'' and inserting ``December 31, 2011,''.
    (d) Section 47107(s)(3) of such title is amended by striking ``July 
23, 2011.'' and inserting ``September 17, 2011.''.
    (e) Section 47115(j) of such title is amended by striking ``July 
23, 2011,'' and inserting ``September 17, 2011,''.
    (f) Section 47141(f) of such title is amended by striking ``July 
22, 2011.'' and inserting ``September 16, 2011.''.
    (g) Section 49108 of such title is amended by striking ``July 22, 
2011,'' and inserting ``September 16, 2011,''.
    (h) Section 161 of the Vision 100-Century of Aviation 
Reauthorization Act (49 U.S.C. 47109 note) is amended by striking 
``July 23, 2011,'' and inserting ``September 17, 2011,''.
    (i) Section 186(d) of such Act (117 Stat. 2518) is amended by 
striking ``July 23, 2011,'' and inserting ``September 17, 2011,''.
    (j) The amendments made by this section shall take effect on July 
23, 2011.
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