“ To amend the Internal Revenue Code of 1986 to extend the funding and expenditure authority of the Airport and Airway Trust Fund, to amend title 49, United States Code, to extend the airport improvement program, and for other purposes. ”
Summary
“Public Law 112-21”, is a work by . It explores elements such as United States Code, funding and amendments.
Quotes from Public Law 112-21 ()
“ 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 period beginning on October 1, 2010, and ending on July 22, 2011, 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 $3,515,000,000; and (B) then reduce by 7 percent— (i) all funding apportionments calculated under subparagraph (A) ”
“ PROPERTY.—Clause (ii) of section 4271 (d) (1) (A) of such Code is amended by striking ‘‘June 30, 2011’’ and inserting ‘‘July 22, 2011’’. (c) EFFECTIVE DATE.—The amendments made by this section shall take effect on July 1, 2011. ”
