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[112th Congress Public Law 21]
[From the U.S. Government Printing Office]

[[Page 125 STAT. 233]]

Public Law 112-21
112th Congress

                                 An Act

 
  To amend the Internal Revenue Code of 1986 to extend the funding and 
  expenditure authority of the Airport and Airway Trust Fund, to amend 
title 49, United States Code, to extend the airport improvement program, 
     and for other purposes. <<NOTE: June 29, 2011 -  [H.R. 2279]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress <<NOTE: Airport and Airway 
Extension Act of 2011, Part III. 26 USC 1 note.>> assembled,
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Airport and Airway Extension Act of 
2011, Part III''.
SEC. 2. EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND.

    (a) Fuel Taxes.--Subparagraph (B) of section 4081(d)(2) of the 
Internal Revenue Code of 1986 <<NOTE: 26 USC 4081.>> is amended by 
striking ``June 30, 2011'' and inserting ``July 22, 2011''.

    (b) Ticket Taxes.--
            (1) Persons.--Clause (ii) of section 4261(j)(1)(A) of the 
        Internal Revenue Code of 1986 is amended by striking ``June 30, 
        2011'' and inserting ``July 22, 2011''.
            (2) Property.--Clause (ii) of section 4271(d)(1)(A) of such 
        Code is amended by striking ``June 30, 2011'' and inserting 
        ``July 22, 2011''.

    (c) Effective Date.--The <<NOTE: 26 USC 4081 note.>> amendments made 
by this section shall take effect on July 1, 2011.
SEC. 3. EXTENSION OF AIRPORT AND AIRWAY TRUST FUND EXPENDITURE 
                    AUTHORITY.

    (a) In General.--Paragraph (1) of section 9502(d) of the Internal 
Revenue Code of 1986 is amended--
            (1) by striking ``July 1, 2011'' and inserting ``July 23, 
        2011''; and
            (2) by inserting ``or the Airport and Airway Extension Act 
        of 2011, Part III'' before the semicolon at the end of 
        subparagraph (A).

    (b) Conforming Amendment.--Paragraph (2) of section 9502(e) of such 
Code is amended by striking ``July 1, 2011'' and inserting ``July 23, 
2011''.
    (c) Effective Date.--The <<NOTE: 26 USC 9502 note.>> amendments made 
by this section shall take effect on July 1, 2011.
SEC. 4. EXTENSION OF AIRPORT IMPROVEMENT PROGRAM.

    (a) Authorization of Appropriations.--
            (1) In general.--Section 48103 of title 49, United States 
        Code, is amended by striking paragraph (8) and inserting the 
        following:

[[Page 125 STAT. 234]]

            ``(8) <<NOTE: Time period. 49 USC 48103.>> $2,840,890,411 
        for the period beginning on October 1, 2010, and ending on July 
        22, 2011.''.
            (2) Obligation of amounts.--Subject to limitations specified 
        in advance in appropriation Acts, sums made available pursuant 
        to the amendment made by paragraph (1) may be obligated at any 
        time through September 30, 2011, and shall remain available 
        until expended.
            (3) Program implementation.--For <<NOTE: Time 
        period.>> purposes of calculating funding apportionments and 
        meeting other requirements under sections 47114, 47115, 47116, 
        and 47117 of title 49, United States Code, for the period 
        beginning on October 1, 2010, and ending on July 22, 2011, the 
        Administrator of the Federal Aviation Administration shall--
                    (A) first calculate funding apportionments on an 
                annualized basis as if the total amount available under 
                section 48103 of such title for fiscal year 2011 were 
                $3,515,000,000; and
                    (B) then reduce by 7 percent--
                          (i) all funding apportionments calculated 
                      under subparagraph (A); and
                          (ii) amounts available pursuant to sections 
                      47117(b) and 47117(f)(2) of such title.

    (b) Project Grant Authority.--Section 47104(c) of such title 
is <<NOTE: 49 USC 47104.>> amended by striking ``June 30, 2011,'' and 
inserting ``July 22, 2011,''.
SEC. 5. EXTENSION OF EXPIRING AUTHORITIES.

    (a) Section 40117(l)(7) of title 49, United States Code, is amended 
by striking ``July 1, 2011.'' and inserting ``July 23, 2011.''.
    (b) Section 44302(f)(1) of such title is amended--
            (1) by striking ``June 30, 2011,'' and inserting ``July 22, 
        2011,''; and
            (2) by striking ``September 30, 2011,'' and inserting 
        ``October 31, 2011,''.

    (c) Section 44303(b) of such title is amended by striking 
``September 30, 2011,'' and inserting ``October 31, 2011,''.
    (d) Section 47107(s)(3) of such title is amended by striking ``July 
1, 2011.'' and inserting ``July 23, 2011.''.
    (e) Section 47115(j) of such title is amended by striking ``July 1, 
2011,'' and inserting ``July 23, 2011,''.
    (f) Section 47141(f) of such title is amended by striking ``June 30, 
2011.'' and inserting ``July 22, 2011.''.
    (g) Section 49108 of such title is amended by striking ``June 30, 
2011,'' and inserting ``July 22, 2011,''.
    (h) Section 161 of the Vision 100--Century of Aviation 
Reauthorization Act (49 U.S.C. 47109 note) is amended by striking ``July 
1, 2011,'' and inserting ``July 23, 2011,''.
    (i) Section 186(d) of such Act (117 Stat. 2518) is amended by 
striking ``July 1, 2011,'' and inserting ``July 23, 2011,''.

[[Page 125 STAT. 235]]

    (j) <<NOTE: Effective date. 49 USC 40117 note.>> The amendments made 
by this section shall take effect on July 1, 2011.

    Approved June 29, 2011.

LEGISLATIVE HISTORY--H.R. 2279:
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CONGRESSIONAL RECORD, Vol. 157 (2011):
            June 24, considered and passed House.
            June 27, considered and passed Senate.

                                  <all>
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