Aviation Funding Stability Act of 2021

To provide for funding from the Airport and Airway Trust Fund for all Federal Aviation Administration activities for a certain period in the event of a Government shutdown, and for other purposes. 1. Short title This Act may be cited as the Aviation Funding Stability Act of 2021 2. Funding for the Federal Aviation Administration in the event of a lapse in appropriation (a) In general If, with respect to the Federal Aviation Administration, an appropriation measure for a fiscal year is not enacted before the beginning of such fiscal year or a joint resolution making continuing appropriations is not in effect, amounts in the Airport and Airway Trust Fund not otherwise appropriated shall be available to the Administrator for continuing programs, projects, or activities (including the costs of direct loans and loan guarantees) that were conducted with amounts made available for the Federal Aviation Administration, including for the accounts Federal Aviation Administration—Operations Federal Aviation Administration—Facilities and Equipment Federal Aviation Administration—Research, Engineering, and Development Federal Aviation Administration—Grants-in-Aid for Airports (1) in the corresponding appropriation Act for such preceding fiscal year; or (2) if the corresponding appropriation bill for such preceding fiscal year did not become law, then in a joint resolution making continuing appropriations for such preceding fiscal year. (b) Rate for operations Appropriations and funds made available, and authority granted, for a program, project, or activity for any fiscal year pursuant to this section shall be at a rate for operations not greater than— (1) the rate for operations provided for in the regular appropriation Act providing for such program, project, or activity for the preceding fiscal year; or (2) in the absence of such an Act, the rate for operations provided for such program, project, or activity pursuant to a joint resolution making continuing appropriations for such preceding fiscal year. (c) Availability Appropriations and funds made available, and authority granted, for any fiscal year pursuant to this section for a program, project, or activity shall be available for the period beginning with the first day of a lapse in appropriations and ending with the earlier of— (1) the date on which— (A) the applicable regular appropriation bill for such fiscal year becomes law (whether or not such law provides for such program, project, or activity); or (B) a joint resolution making continuing appropriations becomes law; or (2) the date that is 30 days after the first day of a lapse in appropriations. (d) Terms and conditions An appropriation or funds made available, or authority granted, for a program, project, or activity for any fiscal year pursuant to this section shall be subject to the terms and conditions imposed with respect to the appropriation made or funds made available for the preceding fiscal year, or authority granted for such program, project, or activity under applicable law on the first day of the applicable lapse in appropriations. (e) End of fiscal year If this section is in effect at the end of a fiscal year, funding levels shall continue as provided in this section for the next fiscal year. (f) Expenditures and obligations Expenditures and obligations made for a program, project, or activity for any fiscal year pursuant to this section shall be charged to the applicable appropriation, fund, or authorization whenever a regular appropriation bill or a joint resolution making continuing appropriations until the end of a fiscal year providing for such program, project, or activity for such period becomes law. (g) Expenditure authority Section 9502(d)(1)(A) or the Aviation Funding Stability Act of 2021; (h) Termination This section shall not apply to a program, project, or activity during any portion of a fiscal year if any other provision of law (other than an authorization of appropriations)— (1) makes an appropriation, makes funds available, or grants authority for such program, project, or activity to continue for such period; or (2) specifically provides that no appropriation shall be made, no funds shall be made available, or no authority shall be granted for such program, project, or activity to continue for such period. December 23, 2022 Reported from the Committee on Transportation and Infrastructure December 23, 2022 Committee on Ways and Means

Summary: Aviation Funding Stability Act of 2021 This bill provides continuing appropriations to the Federal Aviation Administration (FAA) from the Airport and Airway Trust Fund if an appropriations bill for the FAA has not been enacted before a fiscal year begins or a joint resolution making continuing appropriations for the FAA is not in effect. The bill provides appropriations at the rate of operations that was provided for the prior fiscal year to continue programs, projects, and activities for which funds were provided in the preceding fiscal year.