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US SB1045
Bill
AI Summary
- Airport and Airway Trust Fund would automatically fund all FAA activities during government shutdowns when no appropriations measure or continuing resolution is in effect
- Covers four main FAA accounts: Operations, Facilities and Equipment, Research/Engineering/Development, and Grants-in-Aid for Airports
- Funding rate capped at the previous fiscal year's appropriations level for each program, project, or activity
- Amends Section 9502(d)(1)(A) of the Internal Revenue Code to authorize expenditures from the Trust Fund for this purpose
- Automatic funding terminates when a regular appropriations bill or continuing resolution becomes law, or if Congress specifically prohibits funding for a program
Legislative Description
Aviation Funding Stability Act of 2025
Transportation and public works
Last Action
Read twice and referred to the Committee on Finance.
3/13/2025
Committee Referrals
Finance3/13/2025
Full Bill Text
No bill text available