compensation for required security measures in foreign air transportation

compensation for required security measures in foreign air transportation Sec. 24. (a) The Secretary of Transportation shall compensate any air carrier certificated by the Civil Aeronautics Hoard under section 401 of the Federal Aviation Act of 1958 (49 U.S.C. 1371) which requests such compensation for that portion of the amount expended by such air carrier for security screening facilities and procedures as required by section 315(a) of such Act (49 U.S.C. 1356(a)), and any regulation issued pursuant thereto, which is attributable to the screening of passengers moving in foreign air transportation. An air carrier shall have any compensation authorized to be paid it under this section reduced by the amount (if any) by which the revenue of such carrier which is attributable to the cost of security screening facilities and procedures used in intrastate, interstate, and overseas air transportation exceeds the actual cost to such carrier of such facilities. The Secretary may issue such regulations as he deems necessary to carry out the purpose of this section. (b) The terms used in this section which are defined in the Federal Aviation Act of 1958 shall have the same meaning us such terms have in such Act. (c) There is authorized to be appropriated out of the Airport and Airway Trust Fund to curry out this section not to exceed $3,750,000 for fiscal year 1976, including the period July 1, 1976, through September 30, 1976, and $3,000,000 per fiscal year for the fiscal years 1977 and 1978.