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

Details

• Corporate Creators:
  United States. Government Accountability Office
• Subject/TRT Terms:
  • Air transportation
  • Federal government agencies
  • Financing
  • Taxes
  • Government funding
  • Financial analysis
  • Capital investments
  • Operating costs
  • Airport and Airway Trust Fund (Trust Fund)
  • Aviation economics
  More +
• 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
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/12623/dot_12623_DS1.pdf
• File Type:
  [PDF - 166.51 KB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:a5e67c71bec08262c69fa30547a4f2df070cb3e9850baf0e4a15475cb14c23d0