AGC Continues Push for More Infrastructure Funds
Next week, the House of Representatives is set to consider the Federal Aviation Administration (FAA) Reauthorization Act of 2018. As the House prepares for debate, several AGC-backed, pro-infrastructure amendments will be considered. These amendments include increasing funding for the Airport Improvement Program that helps finance runway projects among others, lifting the $4.50 cap on the Passenger Facility Charge that airports use to help fund their infrastructure projects, and creating a new category of infrastructure projects eligible to use Private Activity Bonds. AGC will continue to work with our coalition partners to ensure these critical amendments are debated and voted on by the entire House.
The fate of the House FAA bill – which passed out of committee in June 2017 – has been unclear until recently when House Transportation & Infrastructure Committee Chairman Bill Shuster (R-Pa.) dropped controversial language that would have transferred air traffic control services from the FAA to a non-profit corporation. Another omission from the committee-passed bill was an AGC-supported provision that would increase funding for the Airport Improvement Program (AIP) two percent annually from its current level of $3.350 billion to $3.998 billion in fiscal year 2023.
For more information, contact Sean O’Neill at [email protected] or (202) 547-8892.
House to Consider FAA Reauthorization
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