LIMITED REGULATION OF NON-FEDERALLY SPONSORED PROPERTY.

SEC. 163. LIMITED REGULATION OF NON-FEDERALLY SPONSORED PROPERTY. (a) [Reserved]. (b) [Reserved]. (c) [49 U.S.C. 47107 note] Rule of Construction.—Nothing in this section shall be construed to affect the applicability of sections 47107(b) or 47133 of title 49, United States Code, to revenues generated by the use, lease, encumbrance, transfer, or disposal of land under subsection (a), facilities upon such land, or any portion of such land or facilities. (d) Amendments to Airport Layout Plans.—Section 47107(a)(16) of title 49, United States Code, is amended— (1) by striking subparagraph (B) and inserting the following: “(B) the Secretary will review and approve or disapprove only those portions of the plan (or any subsequent revision to the plan) that materially impact the safe and efficient operation of aircraft at, to, or from the airport or that would adversely affect the safety of people or property on the ground adjacent to the airport as a result of aircraft operations, or that adversely affect the value of prior Federal investments to a significant extent;” ; (2) in subparagraph (C), by striking “if the alteration” and all that follows through “airport; and” and inserting the following: “unless the alteration— “(i) is outside the scope of the Secretary’s review and approval authority as set forth in subparagraph (B); or “(ii) complies with the portions of the plan approved by the Secretary; and” ; and (3) in subparagraph (D), in the matter preceding clause (i), by striking “when an alternation” and all that follows through “Secretary, will” and inserting “when an alteration in the airport or its facility is made that is within the scope of the Secretary’s review and approval authority as set forth in subparagraph (B), and does not conform with the portions of the plan approved by the Secretary, and the Secretary decides that the alteration adversely affects the safety, utility, or efficiency of aircraft operations, or of any property on or off the airport that is owned, leased, or financed by the Government, then the owner or operator will, if requested by the Secretary”.