FINDINGS; PURPOSE.

SEC. 802. FINDINGS; PURPOSE. (a) In General.— Congress finds that— (1) section 47107 of title 49, United States Code, prohibits the diversion of certain revenue generated by a public airport as a condition of receiving a project grant; (2) a grant recipient that uses airport revenue for purposes that are not airport related in a manner inconsistent with chapter 471 of title 49, United States Code, illegally diverts airport revenues; (3) any diversion of airport revenues in violation of the condition referred to in paragraph (1) undermines the interest of the United States in promoting a strong national air transportation system that is responsive to the needs of airport users; (4) the Secretary and the Administrator have not enforced airport revenue diversion rules adequately and must have additional regulatory tools to increase enforcement efforts; and (5) sponsors who have been found to have illegally diverted airport revenues— (A) have not reimbursed or made restitution to airports in a timely manner; and (B) must be encouraged to do so. (b) Purpose.— The purpose of this title is to ensure that airport users are not burdened with hidden taxation for unrelated municipal services and activities by— (1) eliminating the ability of any State or political subdivision thereof that is a recipient of a project grant to divert airport revenues for purposes that are not related to an airport, in violation of section 47107 of title 49, United States Code; (2) imposing financial reporting requirements that are designed to identify instances of illegal diversions referred to in paragraph (1); (3) establishing a statute of limitations for airport revenue diversion actions; (4) clarifying limitations on revenue diversion that are permitted under chapter 471 of title 49, United States Code; and (5) establishing clear penalties and enforcement mechanisms for identifying and prosecuting airport revenue diversion.