Senate Committee Gives Tax Authorization For S.1300 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** AIRBORNE 05.21.13 Aero-TV-- CLICK HERE! ** HD iPad-Friendly Version -- AIRBORNE 05.21.13 **

** AIRBORNE 05.17.13 Aero-TV-- CLICK HERE! ** HD iPad-Friendly Version -- AIRBORNE 05.17.13 **

** AIRBORNE 04.01.13 SPECIAL EDITION of Aero-TV-- CLICK HERE! ** HD iPad-Friendly Version -- AIRBORNE 04.01.13 SPECIAL EDITION **

Fri, Sep 21, 2007

Senate Committee Gives Tax Authorization For S.1300

FAA Funding Plan Moves One Step Closer

ANN REALTIME REPORTING 09.21.07 1310 EDT: The Senate Finance Committee has approved tax authorization for the "American Infrastructure and Investment Act," legislation designed to provide additional funding to modernize the nation's aviation system.

The National Business Aviation Association tells ANN the legislation was approved by the Finance Committee Friday morning, as part of Congress's multi-year funding process for the Federal Aviation Administration (FAA). It provides additional funding for the FAA through several sources, including an increase in general aviation fuel taxes.

"NBAA commends Senators Baucus and Grassley and the other Finance Committee members for their efforts to modernize the aviation system by building upon proven, reliable, and ultra-efficient fuel taxes," said NBAA President and CEO Ed Bolen. "We agree with the Committee that everyone should support the NextGen effort, and that the best way for general aviation to contribute is by 'paying at the pump.'"

As ANN reported, on Thursday the US House of Representatives passed its version of an FAA funding plan, H.R. 2881.

Action in the Senate Finance Committee stalled Thursday, according to Helicopter Association International. By late Thursday afternoon the markup was derailed when several unnamed senators invoked an often-waived Senate rule, that prevents committees from meeting after the chamber has been in session for two hours.

The rule is typically waived each day by unanimous consent.

As is often the case in Congress, the move appears to have been in response to political backbiting.

The rule was invoked when it became clear that Senator Trent Lott (R-MS) planned to offer an amendment in Finance that would authorize some $2 billion in bonding authority for Amtrak... about as far away from the FAA as you can imagine.

Senator Lott's proposed amendment was itself a reaction to plans by Senator Charles E. Schumer, (D-NY) to offer his own amendment that would authorize certain railroad funding for New York, according to HAI.

FMI: www.senate.gov, www.nbaa.org, www.rotor.com

Advertisement

More News

Four Companies Recognized With 2013 EBAA Safety Of Flight Awards

Cited For Focus On Maintaining And Improving Best Practices Four European companies have been recognized for their commitment to safe operations as recipients of the 2013 European >[...]

Classic Aero-TV: Viking Engines--Building A Rep For Alternative SportAv Engines

Rotax Is NOT The Only Player In Sport Aviation Propulsion Ya gotta hand to Viking... in an industry so VERY well dominated by Rotax, it takes some serious talent and extraordinary >[...]

ANN's Daily Aero-Linx (05.22.13)

The European Cockpit Association The European Cockpit Association (ECA) was created in 1991 and is the representative body of European pilots at European Union (EU) level. It repre>[...]

ANN's Daily Aero-Term (05.22.13): Known Traffic

With respect to ATC clearances, means aircraft whose altitude, position, and intentions are known to ATC.>[...]

Aero-News: Quote Of The Day (05.22.13)

"(T)he PC-24 is a completely new development – not a 'me too product'." Source: Oscar J. Schwenk, Chairman of the Board of Directors of Pilatus, introducing the company's new>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2013 Web Development & Design by Pauli Systems, LC