Title: FASTER Act
Policy area: Transportation and Public Works

Summary:
Funding for Aviation Screeners and Threat Elimination Restoration Act or the FASTER Act
This bill repeals the requirement that a portion of aviation security service fees collected from passengers be credited as offsetting receipts and deposited in the general fund of the Treasury. It requires such fees to be deposited into a separate account in the Treasury for expenditure to pay only the costs of activities and services for which the fee is imposed (i.e., aviation security screening).

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 2717 Introduced in Senate (IS)]

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117th CONGRESS
  1st Session
                                S. 2717

    To amend title 49, United States Code, to ensure that revenues 
 collected from passengers as aviation security fees are used to help 
    finance the costs of aviation security screening by repealing a 
   requirement that a portion of such fees be credited as offsetting 
      receipts and deposited in the general fund of the Treasury.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 13, 2021

 Mr. Markey (for himself and Mr. Blumenthal) introduced the following 
 bill; which was read twice and referred to the Committee on Commerce, 
                      Science, and Transportation

_______________________________________________________________________

                                 A BILL


 
    To amend title 49, United States Code, to ensure that revenues 
 collected from passengers as aviation security fees are used to help 
    finance the costs of aviation security screening by repealing a 
   requirement that a portion of such fees be credited as offsetting 
      receipts and deposited in the general fund of the Treasury.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Funding for Aviation Screeners and 
Threat Elimination Restoration Act'' or the ``FASTER Act''.

SEC. 2. REPEAL OF REQUIREMENT REGARDING CREDITING AND DEPOSIT OF A 
              PORTION OF AVIATION SECURITY FEES.

    (a) Repeal.--Section 44940 of title 49, United States Code, is 
amended--
            (1) in subsection (c), by striking paragraph (3);
            (2) in subsection (f)--
                    (A) by striking the heading and inserting ``Deposit 
                and Availability of Fee.--'';
                    (B) by striking paragraph (1);
                    (C) by redesignating paragraphs (2) and (3) as 
                paragraphs (1) and (2), respectively; and
                    (D) by amending paragraph (1), as so redesignated, 
                to read as follows:
            ``(1) shall be deposited into a separate account in the 
        Treasury, which shall be available to the Administrator for 
        expenditure only to pay the costs of activities and services 
        for which the fee is imposed; and''; and
            (3) by striking subsection (i).
    (b) Conforming Amendment.--Subsection (d)(4) of such section is 
amended by striking ``, other than subsection (i),''.
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