REDUCTION IN SUBSIDY-PER-PASSENGER.

SEC. 458. [49 U.S.C. 41731 note] REDUCTION IN SUBSIDY-PER-PASSENGER. Section 426 of the FAA Modernization and Reform Act of 2012 (126 Stat. 98)is amended by adding at the end the following: “(d) Reduction in Subsidy-per-passenger.— “(1) In general.—The Secretary shall waive application of the subsidy-per-passenger cap described under subsection (c) if the Secretary finds that the community’s subsidy-per-passenger for a fiscal year is lower than the subsidy-per-passenger for any of the 3 previous fiscal years. “(2) Exception.—The Secretary shall waive application of the subsidy-per-passenger cap if the subsidy-per-passenger for a fiscal year is less than 10 percent higher than the highest subsidy-per-passenger from any of the 3 previous fiscal years. The Secretary may only waive application of the subsidy-per-passenger cap under this paragraph once per community. “(3) Rule of construction.—Nothing in this subsection shall be construed to limit the Secretary’s ability under subsection (c) to waive application of the subsidy-per-passenger cap.” .