Airport Development Acceleration Act of 1973

Summary

Airport Development Acceleration Act - Expands the definition of "airport development" under the Airport and Airway Development Act of 1970 to include the following: (1) any work involved in constructing, improving, or repairing a public airport or portion thereof, including the construction, alteration, repair, or acquisition of airport passenger terminal buildings or facilities directly related to the handling of passengers or their baggage at the airport; (2) the removal, lowering, relocation, marking, and lighting of airport hazards; (3) the acquisition, removal, improvement, or repair of navigation aids used by aircraft landing at, or taking off from, a public airport; (4) the acquisition, improvement, or repair of safety equipment required by rule or regulation for certification of the airport under the Federal Aviation Act of 1958, and security equipment required of the sponsor by rule or regulation of the Federal Aviation Administration for the safety and security of persons and property on the airport; and (5) any acquisition of land or of any interest therein or of any easement through or other interest in airspace, which is necessary to permit any of the above or to remove, mitigate, prevent, or limit the establishment of airport hazards affecting a public airport. Authorizes the Secretary of Transportation to make grants for airport development totaling $375,000,000 for each of the fiscal years 1974 and 1975. Authorizes the Secretary to make grants for the purpose of developing airports serving segments of aviation other than air carriers certificated by the Civil Aeronautics Board totaling $45,000,000 for each of the fiscal years 1974 and 1975. Increases the total obligational authority of the Secretary to make grants for airport development to $1,680,000,000. Provides that no such obligation shall be incurred after June 30, 1975. States that such obligations shall not be liquidated in an aggregate amount exceeding $1,260,000,000 prior to June 30, 1974, and an aggregate amount exceeding $1,680,000,000 prior to June 30, 1975. Provides that the Federal share of allowable project costs incurred under the Airport and Airway Development Act of 1970 shall be: (1) fifty percent for sponsors whose airports enplane not less than 1.00 percent of the total annual passengers enplaned by air carriers certificated by the Board; and (2) seventy-five percent for sponsors whose airports enplane less than 1.00 percent of such passengers. Provides that to the extent that the project cost of an approved project for airport development represents the cost of safety equipment required under the Federal Aviation Act of 1958 the United States share shall be 82 percent of the allowable cost thereof with respect to airport development project grant agreements entered into after May 10, 1971. States that the extent that the project cost of an approved project for airport development represents the cost of security equipment required by the Secretary by rule or regulation, the United States share shall be 82 percent of the allowable cost thereof with respect to airport development project grant agreements entered into after September 28, 1971. Provides that no State shall levy or collect a tax, fee, head charge, or other charge, directly or indirectly, on persons traveling in air transportation or on the carriage of persons in air transportation, or on the gross receipts derived therefrom.

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Documents

3 official files

• Public Law (PDF)

  Public Law · EN · 19 June 1973

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• Public Law

  summary · EN · 18 June 1973

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• Introduced in Senate

  summary · EN · 4 January 1973

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