Sec. 202. EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND

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## SEC. 202 EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND ###

(a)Fuel Taxes Section 4081(d)(2)(B) of the Internal Revenue Code of 1986 is amended by striking “March 31, 2016” and inserting “July 15, 2016”. ###

(b)Ticket Taxes ####

(1)Persons Section 4261(k)(1)(A)(ii) of such Code is amended by striking “March 31, 2016” and inserting “July 15, 2016”. ####

(2)Property Section 4271(d)(1)(A)(ii) of such Code is amended by striking “March 31, 2016” and inserting “July 15, 2016”. ###

(c)Fractional Ownership Programs ####

(1)Treatment as non-commercial aviation Section 4083(b) of such Code is amended by striking “April 1, 2016” and inserting “July 16, 2016”. ####

(2)Exemption from ticket taxes Section 4261(j) of such Code is amended by striking “March 31, 2016” and inserting “July 15, 2016”.