Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · BILL · 116th Congress · S. 4634 (Introduced in Senate) — To provide support for air carrier workers, and for other purposes. · Sec. 4

Sec. 4. Procedures for providing payroll support

649 words·~3 min read·/bill/116/s/4634/is/section-4

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Secretary shall provide financial assistance under this Act— to an air carrier required to file reports pursuant to part 241 of title 14, Code of Federal Regulations, as of March 27, 2020, in an amount equal to— the amount such air carrier received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ); or at the request of such air carrier, the amount of the salaries and benefits reported by the air carrier to the Department of Transportation pursuant to such part 241, for the period from October 1, 2019, through March 31, 2020; to an air carrier that did not transmit reports under such part 241, as of March 27, 2020, in an amount equal to— the amount such air carrier received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), plus an additional 15 percent of such amount; or at the request of such carrier, the sum of— the amount that such air carrier certifies, using sworn financial statements or other appropriate data, as the amount of total salaries and related fringe benefits that such air carrier incurred and would be required to be reported to the Department of Transportation pursuant to such part 241, if the carrier were required to transmit such information during the period from April 1, 2019, through September 30, 2019; and an additional amount equal to the difference between the amount certified under clause
(i)and the amount the air carrier received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ); and to a contractor in an amount equal to the amount such contractor received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ). The Secretary shall provide financial assistance under this Act to an air carrier that did not receive assistance under section 4113 of the CARES Act ( 15 U.S.C. 9073 ) and does not transmit reports under such part 241 in an amount that such an air carrier certifies, using sworn financial statements or other appropriate data, as the amount of total salaries and related fringe benefits that such air carrier incurred and would be required to be reported to the Department of Transportation pursuant to such part 241, if the carrier were required to transmit such information during the period from April 1, 2019, through September 30, 2019. Financial assistance provided to an air carrier or contractor under this Act shall be in such form, on such terms and conditions (including requirements for audits and the clawback of any financial assistance provided upon failure by a passenger air carrier, cargo air carrier, or contractor to honor the assurances specified in section 5), as agreed to by the Secretary and the recipient for assistance received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), except where inconsistent with this Act. The Secretary shall publish streamlined and expedited procedures not later than 5 days after the date of enactment of this Act for air carriers and contractors to submit requests for financial assistance under this Act. Not later than 10 days after the date of enactment of this Act, the Secretary shall make initial payments to air carriers and contractors that submit requests for financial assistance approved by to the Secretary. The Secretary shall determine an appropriate method for timely distribution of payments to air carriers and contractors with approved requests for financial assistance from any funds remaining available after providing initial financial assistance payments under paragraph (2). The amounts under subsections (a)(1)(B), (a)(2)(B)(i), and
(b)shall, to the maximum extent practicable, be subject to the same pro rata reduction applied by the Secretary to passenger or cargo air carriers, as applicable, that received assistance under section 4113 of the CARES Act ( 15 U.S.C. 9073 ). The Inspector General of the Department of the Treasury shall audit certifications made under subsection
(a)or (b).
Connectionstraces to 1
Citation graph
cites case law
Sec. 4
Procedures for providing payroll support
Cites 1Cited by 0 across 0 sources
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.