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United States · Bill · S

S. 340 (112th)

Airport and Airway Trust Fund Reauthorization Act of 2011

openUnited States· United States Congress· EN

Introduced

14 February 2011

Last action

14 February 2011 · Introduced

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 10.

Sponsors

Sen. Baucus, Max [D-MT]

Subjects

Taxation, Aviation

Source updated

7 April 2025

Taxation · Aviation

Summary

Airport and Airway Trust Fund Reauthorization Act of 2011 - Amends the Internal Revenue Code to: (1) extend through September 30, 2013, increased excise taxes on aviation fuels, the excise tax on air transportation of persons and property, and the expenditure authority for the Airport and Airway Trust Fund; (2) impose an excise tax on aviation-grade kerosene of 35.9 cents per gallon; (3) establish the Air Traffic Control System Modernization Account to fund the modernization of the air traffic control system; (4) impose a tax on any liquid used as fuel in an aircraft that is registered in the United States and is part of a fractional ownership aircraft program; (5) exclude turbine engine powered aircraft from the exemption for air transportation excise taxes; (6) prohibit the inclusion of amounts not attributable to air transportation excise taxes in required disclosures of passenger taxes on tickets; (7) allow tax-exempt bond financing for fixed-wing aircraft equipped for, and exclusively dedicated to providing, acute care emergency medical services; and (8) limit expenditures from the Airport and Airway Trust Fund to 90% of the receipts (including interest) of such Fund in FY2012 or FY2013.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 February 2011

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 10.

    Source: Calendars

  2. 14 February 2011

    Reported

    Committee on Finance. Original measure reported to Senate by Senator Baucus. With written report No. 112-1.

    Source: Committee

  3. 14 February 2011

    Reported

    Committee on Finance. Original measure reported to Senate by Senator Baucus. With written report No. 112-1.

    Source: Committee

  4. 14 February 2011

    Introduced

    Sponsor introductory remarks on measure. (CR S687-688)

    Source: IntroReferral

  5. 14 February 2011

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

4 official files

Placed on Calendar Senate (text)

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 14 February 2011

    ViewDownloadOpen at official source

  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 14 February 2011

    ViewDownloadOpen at official source

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  • Reported to Senate without amendment

    summary · EN · 14 February 2011

    Open at official source

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  • Introduced in Senate

    summary · EN · 14 February 2011

    Open at official source

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Sponsors

Related records

Sources

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