October 19, 2018 – As part of the Treasury Department’s year-end financial reporting for fiscal year 2018, new reports from the Bureau of the Public Debt show that excise tax receipts for the Airport and Airway Trust Fund grew by 5 percent versus last year, while customs duties received by the Harbor Maintenance Trust Fund were up by 9 percent.
Eno Transportation Weekly
May 30, 2018 – Last Friday afternoon, the House Rules Committee announced the amendment process by which the Water Resources Development Act (H.R. 8) will be brought before the House of Representatives for debate next week. That process includes stripping out a provision authored by Rep.
March 22, 2018 – The fiscal 2018 omnibus appropriations package contains $18 billion for the Federal Aviation Administration and drops most of the Senate bill’s legislative provisions, including the $4.00 per passenger increase in allowable passenger facility charges (PFCs) at originating airports.
March 15, 2018 – Last Friday, the Treasury Department released the quarterly Treasury Bulletin, a publication containing a trove of data about all kinds of federal fiscal dealings. The March bulletin of each year is notable because that is the annual issue that contains detailed end-of-year summaries of, and out-year projections for, all federal trust funds.
October 20, 2017 – This week, the Treasury Department released the financial totals for federal trust fund accounts for the fiscal year that ended on September 30, 2017.
September 28, 2017 – Both chambers of Congress today passed legislation providing for a 6-month extension of Federal Aviation Administration funding authorities and of Airport and Airway Trust Fund spending authority and excise taxes. This clears the measure for the President’s signature prior to the expiration of the fiscal year on September 30 and should prevent a partial shutdown of the FAA starting on Monday.
January 25, 2017 – Yesterday, the nonpartisan Congressional Budget Office released its annual Budget and Economic Outlook, this one covering the ongoing fiscal year (2017) and the ten-year 2018-2027 period.
October 26, 2016 – The Treasury Department and other federal agencies have released the initial financial results of the federal transportation trust funds for fiscal year 2016, which ended almost four weeks ago.
August 24, 2016 – A new GAO report says that vendors of jet fuel for general aviation have contributed up to $2 billion to the Highway Trust Fund over the last decade.
July 14, 2016 – Both chambers of Congress have passed an extension of federal aviation program, spending and tax authorities through September 30, 2017. The legislation (H.R. 636) now heads to the White House, where President Obama is expected to sign it into law before the statutory deadline Friday night.
July 6, 2016 – The leaders of the Congressional transportation committees announced this afternoon that they have reached agreement on legislation to extend federal aviation funding, taxes, and policies through September 30, 2017.
June 7, 2016 – Time is running out for the House of Representatives to move legislation reauthorizing the Federal Aviation Administration.
April 19, 2016 – The U.S. Senate passed legislation today reauthorizing federal aviation programs for fiscal years 2016 and 2017 by a vote of 95 yeas to 3 nays.
April 13, 2016 – A breakdown in Senate negotiations over tax breaks unrelated to transportation may have the effect of shutting off all further amendments to the Federal Aviation Administration reauthorization bill (H.R.
April 7, 2016 – Last night, the U.S. Senate finally got to work on the Federal Aviation Administration reauthorization bill and locked in an agreement for the consideration of an initial round of amendments.
March 30, 2016 – Legislation reauthorizing the Federal Aviation Administration could reach the Senate floor as early as next Tuesday, but Senate Majority Leader Mitch McConnell (R-KY) has not yet made any formal plans known.
March 30, 2016 – Last week, the nonpartisan Congressional Budget Office issued its official budget baseline to be used in the fiscal year 2017 budget process.
March 17, 2016 – Yesterday, the Senate Committee on Commerce, Science and Transportation approved a two-year, $33.1 billion reauthorization bill for the Federal Aviation Administration (S. 2658). While the Senate hopes to take up that legislation in April, the FAA faces a more immediate problem – a looming March 31 deadline to extend the spending authority and taxes that support the Airport and Airway Trust Fund. (Without an extension of the spending authority, parts of the FAA will begin to shut down on April 1.)
So at 12:45 p.m. today, the Senate amended and passed the short-term AATF extension (H.R. 4721) that passed the House on Monday.
March 11, 2016 – Yesterday, the chairmen of the House Committees on Transportation and Infrastructure and on Ways and Means introduced legislation (H.R. 4721) to extend expiring aviation funding authority and taxes past their imminent expiration date of March 31. The legislation will be considered next week on the House floor under the expedited “suspension of the rules” procedure used for uncontroversial legislation, and then Senate Majority Leader Mitch McConnell (R-KY) will try to get the unanimous consent of the Senate to clear the measure prior to the Senate’s adjournment for the two-week Easter recess next Friday.
March 3, 2016 – The chairmen of the Congressional transportation committees appear to have settled on three months as the duration of the extension of Federal Aviation Administration spending authorities that they will try to get enacted into law before the current extension (Public Law 114-55) expires on March 31.