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Code · STATUTE-COMPILATIONS · FAA Reauthorization Act of 2024 · Sec. 716

Sec. 716. SMALL AIRPORT FUND

192 words·~1 min read·/statute-compilations/comps-17764/sec-716

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## SEC. 716 SMALL AIRPORT FUND Section 47116 of title 49, United States Code, is amended— ####
(1)in subsection
(b)by striking paragraphs
(1)and
(2)and inserting the following: > > #### “(1) > > Not more than 25 percent for grants for projects at small hub airports. > > > #### “(2) > > Not less than 25 percent for grants to sponsors of public-use airports (except commercial service airports). > > > #### “(3) > > Not less than 50 percent for grants to sponsors of commercial service airports that are not larger than a nonhub airport.” > ; ####
(2)in subsection (d)— #####
(A)by striking paragraph (2); and #####
(B)by redesignating paragraph
(3)as paragraph (2); and ####
(3)by striking subsections
(e)and
(f)and inserting the following: > > ### “(e) General Aviation Transient Aprons > > In distributing amounts from the fund described in subsection
(a)to sponsors described in subsection (b)(2) and (b)(3), 5 percent of each amount shall be used for projects to construct or rehabilitate aprons intended to be used for itinerant general aviation aircraft parking.” > .
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