Sec. 702. Airline Assistance to Recycle and Save Program
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/bill/116/hr/6379/ih/section-702·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 90 days after the date of enactment of this Act, the Secretary shall establish and carry out a program, to be known as the Airline Assistance to Recycle and Save Program , under which the Secretary shall purchase high-polluting aircraft from air carriers in exchange for commitments from such air carriers to purchase fuel-efficient aircraft. To be eligible for the program established under subsection (a), an air carrier shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may require, including a description of an high-polluting aircraft of the air carrier.
In carrying out the program established under subsection (a), the Secretary, in consultation with the Administrator, shall prepare, maintain, publicize, and make available through a publicly available website, lists of aircraft that are— high-polluting aircraft; and fuel-efficient aircraft that are on the market or in production. In carrying out the program established under subsection (a), the Secretary shall issue such regulations as are necessary to set requirements for the commitment to purchase a fuel-efficient aircraft described in subsection (a), including a timing requirement for the purchase of a fuel-efficient aircraft.
Notwithstanding any other provision of law, the Secretary may sell, to an air carrier or eligible foreign air carrier, parts or components of aircraft purchased under this division. Not later than 30 days after the date of enactment of this Act, the Secretary shall issue such regulations as are necessary to carry out this section. There is authorized to carry out the program established under this section $1,000,000,000 and such sums shall remain available until expended. In this section:
The term Administrator means the Administrator of the Environmental Protection Agency. The term aircraft manufacturer has the meaning given such term in section 44301 of title 49, United States Code. The term eligible foreign air carrier means a foreign air carrier as such term is defined in section 40102 of title 49, United States Code. The term eligible foreign air carrier does not include a foreign air carrier that— is domiciled in a country that is a state sponsor of terrorism; or has a majority ownership interest of individuals or entities domiciled in a country that is a state sponsor of terrorism.
The term Secretary means the Secretary of Transportation. The term state sponsor of terrorism means a country the government of which the Secretary of State determines has repeatedly provided support for international terrorism pursuant to— section 1754(c)(1)(A) of the Export Control Reform Act of 2018 ( 50 U.S.C. 4318(c)(1)(A) ); section 620A of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2371 ); section 40 of the Arms Export Control Act ( 22 U.S.C. 2780 ); or any other provision of law.
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