jsmith13 Posted July 10, 2007 Report Share Posted July 10, 2007 Just a pass on and pardon me if this has been posted before: From AOPA's website: http://www.aopa.org/faafundingdebate/ The laws funding the Federal Aviation Administration will expire September 30. That means that both the government’s authority to collect taxes from the aviation community and the FAA’s authorization to spend money will cease. And that’s why it’s imperative that Congress pass a new FAA funding law – technically called a “reauthorization” before then. Congress is considering presently three FAA funding bills. By far, the bill most favorable to all segments of aviation is the House FAA Reauthorization Act of 2007, a bipartisan bill introduced June 27 and reported out of the Transportation and Infrastructure Committee the next day. A second bill, the Aviation Investment and Modernization Act of 2007 (S. 1300) is currently under consideration by the Senate Finance Committee. A third, FAA-drafted bill, the Next Generation Air Transportation System Financing Reform Act of 2007 (S.1076, H.R. 1356), has been introduced, but is not being seriously considered by either the House or the Senate. What else can we get taxed on?? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.