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Eno Transportation Weekly

Category: AATF

Aviation, Harbor Maintenance Trust Fund Tax Receipts Up Significantly in FY18

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.

FY18 Omnibus: Aviation Programs

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.

Treasury Reports Trust Funds Outlook – Transit Cuts May Be Necessary in FY20

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.

Congress Clears 6-Month Aviation Extension After Dropping Flood Insurance Provision

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.

CBO: Tight Spending Constraints Ahead

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.

FAA Extension Cleared for President’s Signature

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.

Aviation Extension to September 2017 Announced

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.

Senate Begins Amending FAA Bill

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.

Senate May Consider FAA Bill Next Week

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.

CBO Issues Final FY 2017 Budget Baseline

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.

Senate Approves Two-Year FAA Reauthorization Bill; Amends, Passes Extension of AATF Taxes, Spending to July 16

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.

Next FAA Extension is 3.5 Months for Spending but 1 Year for Taxes

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.

Will 3-Month FAA Spending Extension Also Extend Taxes 3 Months?

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.

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