Sec. 4. EXTENSION OF AIRPORT IMPROVEMENT PROGRAM

224 words·~1 min read·/statute-compilations/comps-9539/sec-4

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

## SEC. 4 EXTENSION OF AIRPORT IMPROVEMENT PROGRAM ###

(a)Authorization of Appropriations ####

(1)In general Section 48103 of title 49, United States Code, is amended by striking the 2 paragraphs designated as paragraph

(8)and inserting the following: > > #### “(8) > > $2,466,666,667 for the 8-month period beginning on October 1, 2010.” > . ####

(2)Obligation of amounts Subject to limitations specified in advance in appropriation Acts, sums made available pursuant to the amendment made by paragraph

(1)may be obligated at any time through September 30, 2011, and shall remain available until expended. ####

(3)Program implementation For purposes of calculating funding apportionments and meeting other requirements under sections 47114, 47115, 47116, and 47117 of title 49, United States Code, for the 8-month period beginning on October 1, 2010, the Administrator of the Federal Aviation Administration shall— #####

(A)first calculate funding apportionments on an annualized basis as if the total amount available under section 48103 of such title for fiscal year 2011 were $3,700,000,000; and #####

(B)then reduce by 20 percent— ######

(i)all funding apportionments calculated under subparagraph (A); and ######

(ii)amounts available pursuant to sections 47117(b) and 47117(f)(2) of such title. ###

(b)Project Grant Authority Section 47104(c) of such title is amended by striking “March 31, 2011,” and inserting “May 31, 2011,”.