FASTER Act

Bill: 118-s-4906
Sponsor: full_name: Sen. Markey, Edward J. [D-MA]
Introduced: 2024-07-31
Policy area: Transportation and Public Works
Latest action: action_date: 2024-07-31
text: Read twice and referred to the Committee on Commerce, Science, and Transportation.

Summaries:

tv_txt: II 118th CONGRESS 2d Session S. 4906 IN THE SENATE OF THE UNITED STATES July 31, 2024 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.

1. Short title This Act may be cited as the Funding for Aviation Screeners and Threat Elimination Restoration Act or the FASTER Act . 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 all that follows through title 31, and inserting Deposit and availability of fee.— Notwithstanding sections 1341, 1512 through 1519, and 3302 of title 31, ; (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 notwithstanding any other law, including any provision of section 1341(a)(1) of title 31 (commonly referred to as the Anti-Deficiency Act ), 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), .