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Eno Transportation Weekly

Category: AATF

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.

With House FAA Bill Stalled, Senate May Move First

The House Transportation and Infrastructure Committee approved landmark legislation restructuring and reauthorizing the Federal Aviation Administration on February 11. But the morning after the markup, House Republicans leaders decided to put the bill on hold, indefinitely, pending consultation with the chairmen of other House committees and more outreach to the Republican Conference at large.

Since then, the T&I Committee has not filed its report on the bill (H.R. 4441), which would be the next step in taking the bill to the floor, and there doesn’t seem to be any sense of urgency in the House to move the process along. (Ed. Note: No one in a position of authority is actually saying that the bill is dead, but a lot of people in positions of authority are acting like the bill is dead.

CBO Projects Aviation Trust Fund Balances Will Continue To Build

January 28, 2016 – The Congressional Budget Office’s new revenue baseline projects that demand for passenger air travel will continue to be strong and that the current tax rates on domestic passenger airfares (with passenger segment fees and other head charges) will increase by an average of 4.1 percent per year over the next decade. CBO projects that the taxes on international air passengers will increase by almost as much (an average of 3.6 percent per year).

Senate Advances Clean CR; Congress Clears 6-Month FAA Extension

September 29, 2015 – Yesterday, both the continuing appropriations resolution to fund the discretionary appropriations of the federal government through December 11 and an extension of Airport and Airway Trust Fund (AATF) taxes and expenditure authority through March 31 made significant advances in Congress. But additional action by both the House and Senate on both measures will be necessary by midnight tomorrow night in order to avert varying degrees of government shutdown.

Boehner to Resign as Speaker; 6-Month FAA Extension On House Floor Monday

September 25, 2015 – House Speaker John Boehner (R-OH) stunned the political world by announcing this morning that he will resign his speakership and his Congressional seat on October 30. We have some initial analysis of what this means for transportation, but first, a bit of breaking aviation news. House Transportation and Infrastructure chairman Bill Shuster (R-PA) and Ways and Means chairman Paul Ryan (R-WI) today introduced H.R. 3614, a six-month extension of the Airport and Airway Trust Fund’s (AATF) expenditure authority and excise taxes and of funding authorizations for the Federal Aviation Administration.

CR to Dec. 11 Introduced in Senate; Contains 6-Month Aviation Extension

September 22, 2015 – Senate leaders this afternoon introduced the text of a stopgap continuing resolution that, if enacted, would fund all government agencies receiving discretionary appropriations from October 1 through December 11. The legislation also contains a six-month extension of expiring Federal Aviation Administration authorizations and polices (sec. 151) and of the Airport and Airway Trust Fund’s dedicated excise taxes and expenditure authority (sec. 152).

CBO Releases Details of HTF, AATF Future Tax Receipts

March 9, 2015 – Buried within the supporting data of the Congressional Budget Office’s new baseline are the detailed assumptions for the Highway Trust Fund and Airport and Airway Trust Fund tax receipts over the next decade if Congress simply extends the current tax rates.

Treasury Releases 5-Year Projections For Other Trust Funds

March 11, 2015 – The quarterly release of the Treasury Bulletin contains the forecasts for the Harbor Maintenance (HMTF) and Inland Waterway (IWTF) Trust Funds, as well as some more detail on the Airport and Airway Trust Fund (AATF).

FAA Short-Term Extension Coming in September – But How Long?

August 12, 2015 – Among the “must-pass” items that Congress must address in September is a law extending the Airport and Airway Trust Fund, the Airport Improvement Program and certain legal authorities of the Federal Aviation Administration, which expire on September 30 at the end of fiscal year 2015.

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