Pub. L. 116-260, div. V, tit. I, sec. 123 (as amended)

SETTLEMENT AGREEMENT.

Year: 2026Length: 144 wordsOfficial source
SEC. 123. SETTLEMENT AGREEMENT. (a) Sense of Congress.—It is the sense of Congress that the Administrator should fully exercise all rights and pursue all remedies available to the Administrator under any settlement agreement between the Administration and the holder of a type certificate and production certificate for transport airplanes executed on December 18, 2015, including a demand for full payment of any applicable civil penalties deferred under such agreement, if the Administrator concludes that such holder has not fully performed all obligations incurred under such agreement. (b) Congressional Briefing.—Not later than 60 days after the date of enactment of this title, and every 6 months thereafter until a certificate holder described in subsection (a) has fully performed all obligations incurred by such certificate holder under such settlement agreement, the Administrator shall brief the congressional committees of jurisdiction on action taken consistent with subsection (a).
Pub. L. 116-260, div. V, tit. I, sec. 123 (as amended): SETTLEMENT AGREEMENT. | Justis AI