[Congressional Record Volume 162, Number 56 (Wednesday, April 13, 2016)]
[Senate]
[Page S2035]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3697. Mr. REED submitted an amendment intended to be proposed to
amendment SA 3679 proposed by Mr. McConnell (for Mr. Thune (for himself
and Mr. Nelson)) to the bill H.R. 636, to amend the Internal Revenue
Code of 1986 to permanently extend increased expensing limitations, and
for other purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. __. REIMBURSEMENT FOR AIRPORT SECURITY PROJECTS.
Paragraph (3) of section 44923(h) is amended to read as
follows:
``(3) Discretionary grants.--
``(A) In general.--Of the amount made available under
paragraph (1) for a fiscal year, up to $ 50,000,000 shall be
used to make discretionary grants, including other
transaction agreements for airport security improvement
projects, with priority given to small hub airports and
nonhub airports.
``(B) Reimbursement.--For each fiscal year, of the amount
available under paragraph (1), up to $20,000,000 shall be
made available for reimbursement to airports that have
incurred eligible costs under section 1604(b)(2) of the
Implementing Recommendations of the 9/11 Commission Act of
2007 (Public Law 110-53; 121 Stat. 481).''.
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