House Subcommittee Approves Bill to Improve Airport Security

Sanchez, Humberto
September 2004
Bond Buyer;09/17/2004, Vol. 349 Issue 31971, p5
Trade Publication
The article reports on approval of legislation that would provide $280 million in annual grants to airports to help install in-line explosive screening equipment and checkpoint explosive detection apparatus by the House Transportation and Infrastructure Committee's aviation subcommittee. The bill would also allow airports to buy and own the screening equipment and lease the use of it to the federal government. If approved, some airport authorities would likely look into financing the purchase of the pricey equipment and its costly in-line installation with taxexempt bonds, an airport lobbyist noted yesterday.


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