Despite the importance of airport infrastructure investment to local and regional economies and to the national air transportation system, a significant gap exists between available resources to airports and their needs for future development. To address that funding gap, Congress can and should eliminate the federal cap on local Passenger Facility Charges, support the federal Airport Improvement Program and eliminate penalties for investment in airport private activity bonds. Your Airport Legislative Alliance team remains engaged on Capitol Hill on these issues, and we hope that the following materials will assist individual airports in weighing in with new Members of Congress and key Washington decision-makers on these important matters. Please take time today to contact your elected officials to let them know what these issues mean to your airport and your community. Your efforts are increasingly important as Washington seeks to significantly limit federal support for key programs.
PFCs give airports critical local self help to address infrastructure needs. The current federal PFC cap is woefully inadequate and long overdue for adjustment.
User-supported AIP funding has a proven record of effectively addressing safety, security, capacity, and environmental needs at airports and merits the strong support of Congress.
Airports are urging Congress to permanently exclude airport private activity bonds from the Alternative Minimum Tax (AMT). A permanent AMT fix would reduce airport financing costs and allow airports to invest in other critical infrastructure projects.
