House Transportation Committee OKs $14.8B for FAA Improvement Program

Sanchez, Humberto
May 2003
Bond Buyer;5/22/2003, Vol. 344 Issue 31641, p4
Trade Publication
The U.S. House Transportation and Infrastructure Committee approved a bill on May 21, 2003 that would provide the Federal Aviation Administration's airport improvement program with 14.8 billion dollar over four years. Century of Aviation Reauthorization Act, would replace the current air transportation funding bill, the Aviation Investment and Reform Act for the 21st Century, or AIR-21, which expires on September 30, 2003. Similar to the Senate measure, the House bill also includes provisions to streamline the process for obtaining environmental permits to construct runways and other capacity projects, including making the U.S. Department of Transportation responsible for coordinating and expediting airport project environmental reviews with all federal, state, and local agencies. Meanwhile, the leaders of the Senate transportation committee stripped language from the bill that would have increased the number of round-trip long-haul flights to 12 from six after Senator George Allen threatened to stall the Senate's AIR-21 reauthorization bill.


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