Pub. L. 102-581, tit. I, sec. 110

TERMINAL DEVELOPMENT.

EnactedYear: 1992Length: 200 wordsOfficial source
SEC. 110. TERMINAL DEVELOPMENT. (a) Allowable Project Costs.—Section 513(b)(1) of the Airport and Airway Improvement Act of 1982 (49 U.S.C. App. 2212(b)(1)) is amended by adding at the end the following new sentence: “In the case of a commercial service airport which annually has .05 percent or less of the total enplanements in the United States, the Secretary may approve, under the preceding sentence as allowable project costs of a project for airport development at such airport, terminal development in revenue-producing areas and construction, reconstruction, repair, and improvement of nonrevenue-producing parking lots if the sponsor certifies that 106 STAT. 4880no project for needed airport development affecting safety, security, or capacity will be deferred by such approval.”. (b) Federal Share.—Section 513(b)(5) of such Act is amended by inserting before the period at the end the following: “; except that the United States share of project costs allowable for any project under such paragraph at a commercial service airport which annually has .05 percent or less of the total enplanements in the United States shall be 85 percent”. (c) Retroactive Applicability.—The amendment made by subsection (a) may be applied to any terminal development which is underway in calendar year 1992 or later.
Pub. L. 102-581, tit. I, sec. 110: TERMINAL DEVELOPMENT. | Justis AI