HANGAR CONSTRUCTION GRANT ASSURANCE.

SEC. 165. HANGAR CONSTRUCTION GRANT ASSURANCE. Section 47107(a) is amended—(1) by striking “and” at the end of paragraph (19);(2) by striking the period at the end of paragraph (20) and inserting “; and”; and(3) by adding at the end the following:“(21) if the airport owner or operator and a person who owns an aircraft agree that a hangar is to be constructed at the airport for the aircraft at the aircraft owner’s expense, the airport owner or operator will grant to the aircraft owner for the hangar a long-term lease that is subject to such terms and conditions on the hangar as the airport owner or operator may impose.”.