Sec. 588. Study on infrastructure needs of fast-growing airports
197 words·~1 min read·
/bill/115/hr/4/pcs/section-588A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 180 days after the date of enactment of this Act, the Administrator of the Federal Aviation Administration shall enter into an agreement with an institution of higher education to conduct a study on the infrastructure needs of airports— in metropolitan statistical areas with an average 5-year, year-to-year population growth rate between 6 and 13 percent; and with an average 5-year, year-to-year passenger growth rate between 7 and 10 percent. The study conducted pursuant to subsection
(a)shall include— an assessment of the infrastructure needs of the airports described in subsection (a); an examination of how such infrastructure needs are related to the population and economic growth of relevant metropolitan statistical areas; an assessment of the infrastructure funding and financing tools available to such airports; the development of recommendations on additional funding and financing tools that may provide significant new revenues and flexibility; an estimate of the population and economic growth rate of the relevant metropolitan statistical areas over the next 10 years; and the development of recommendations on how such airports can best fund the infrastructure necessary to accommodate— increases in passenger growth; and population and economic growth in the relevant metropolitan statistical areas.