Airport and airway trust fund : effects of the trust fund taxes' lapsing on FAA's budget

United States. Government Accountability Office

doi:10.21949/1403156

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i

Airport and airway trust fund : effects of the trust fund taxes' lapsing on FAA's budget

1996-04-15
By United States. Government Accountability Office

[PDF-166.51 KB]

English

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Details:

Corporate Creators:

United States. Government Accountability Office
Subject/TRT Terms:

[+]

Airport And Airway Trust Fund (Trust Fund) Air Transportation Aviation Economics Budget Analysis Capital Investments Federal Aviation Administration's (FAA) Budget Federal Government Agencies Financial Analysis Financing Government Funding Operating Costs Taxes
Publication/ Report Number:

GAO/RCED-96-130
DOI:

https://doi.org/10.21949/1403156
Resource Type:

Tech Report
Geographical Coverage:

United States
TRIS Online Accession Number:

00722652
Corporate Publisher:

United States. Government Accountability Office
NTL Classification:

NTL-AVIATION-Aviation Economics and Finance;NTL-REFERENCES AND DIRECTORIES-Statistics;
Abstract:

The Airport and Airway Trust Fund (Trust Fund) was established by the

Airport and Airway Revenue Act of 1970 (P.L. 91-258) to finance the

Federal Aviation Administration's (FAA) investments in the airport and

airway system. The act further provided that FAA's operating cost could be

financed from the Trust Fund. The Trust Fund was financed from taxes on

domestic and international airline travel, domestic cargo transported by air,

and noncommercial aviation fuels until these taxes expired on December 31, 1995.

In this report to Congress, the General Accounting Office examines the impact

of the expiration of the taxes on the 1996 FAA budget and the consequences of

not reinstating these taxes.
Format:

PDF
Collection(s):

US Transportation Collection
Main Document Checksum:

[+]

urn:sha256:a5e67c71bec08262c69fa30547a4f2df070cb3e9850baf0e4a15475cb14c23d0
Download URL:

https://rosap.ntl.bts.gov/view/dot/12623/dot_12623_DS1.pdf
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No Additional Files

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Airport and airway trust fund : effects of the trust fund taxes' lapsing on FAA's budget

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