EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND.

SEC. 202. EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND. (a) Fuel Taxes.—Section 4081(d)(2)(B) of the Internal Revenue Code of 1986 is amended by striking “March 31, 2018” and inserting “September 30, 2018”. (b) Ticket Taxes.— (1) Persons.—Section 4261(k)(1)(A)(ii) of such Code is amended by striking “March 31, 2018” and inserting “September 30, 2018”. (2) Property.—Section 4271(d)(1)(A)(ii) of such Code is amended by striking “March 31, 2018” and inserting “September 30, 2018”. (c) Fractional Ownership Programs.— (1) Treatment as noncommercial aviation.—Section 4083(b) of such Code is amended by striking “April 1, 2018” and inserting “October 1, 2018”. (2) [26 U.S.C. 4261] Exemption from ticket taxes.—Section 4261(j) of such Code is amended by striking “March 31, 2018” and inserting “September 30, 2018”.