Sec. 426. ADJUSTMENTS TO COMPENSATION FOR SIGNIFICANTLY INCREASED COSTS.1
195 words·~1 min read·
/statute-compilations/comps-9829/sec-426A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 426 ADJUSTMENTS TO COMPENSATION FOR SIGNIFICANTLY INCREASED COSTS.1 ###
(a)Emergency Across-the-Board Adjustment **[**[49 U.S.C. 41737 note](/us/usc/t49/s41737)**]** Subject to the availability of funds, the Secretary of Transportation may increase the rates of compensation payable to air carriers under subchapter II of chapter 417 of title 49, United States Code, to compensate such carriers for increased aviation fuel costs without regard to any agreement or requirement relating to the renegotiation of contracts or any notice requirement under section 41734 of such title. ###
(b)Expedited Process for Adjustments to Individual Contracts ####
(1)In general Section 41734(d) is amended by striking “continue to pay” and all that follows through “compensation sufficient—” and inserting “provide the carrier with compensation sufficient—”. ####
(2)Effective date The amendment made by paragraph
(1)shall apply to compensation to air carriers for air service provided after the 30th day following the date of enactment of this Act. 1Section 561(a)(4)(B) of Public Law 118–63 amends section 426 by striking subsections
(c)and (d). Such amendment neglected to include “of 2012” at the end of the reference to the amended Act but was executed to reflect the probable intent of Congress.
Connectionstraces to 2
Traces to 2 documents
public-private-law
Citation graph
cites case law
Sec. 426
ADJUSTMENTS TO COMPENSATION FOR SIGNIFICANTLY INCREASED COSTS.1
Cites 2Cited by 0 across 0 sources