SENATE FINANCE COMMITTEE APPROVES AVIATION INFRASTRUCTURE BILL

Dino D'Amore
By Dino D'Amore February 9, 2011 17:17

SENATE FINANCE COMMITTEE APPROVES AVIATION INFRASTRUCTURE BILL

The US Senate Finance Committee has unanimously approved a bill to renew $11 billion in annual funding for US aviation infrastructure. The legislation could pass into law this month, and would fund the Federal Aviation Administration framework to install a satellite-based air-traffic control system, and finance airport construction.

The aviation trust fund lapsed in 2007 and has been kept going through a series of short-term extensions since then.

An amendment to allow the use of tax-exempt bonds to finance certain fixed-wing emergency medical aircraft was also approved. The bill also includes other measures covering safety, environment and air traffic control modernisation issues.

Dino D'Amore
By Dino D'Amore February 9, 2011 17:17
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fregulatory%2Fsenate-finance-committee-approves-aviation-infrastructure-bill%2F"> registered </a> users can comment.