What Happened
Congress Passes Bill Impacting Airport Development And Funding
The FAA Reauthorization Act of 2024 has been passed by Congress, reauthorizing the Federal Aviation Administration and the Airport Improvement Program through September 2028. The Act introduces several key changes to airport law, including new rules for airport land use oversight, environmental reviews, and grant assurance. The Act also establishes new categorical exclusions under the National Environmental Policy Act and increases the potential penalty for airport sponsors who unlawfully divert airport revenue. According to Kaplan Kirsch LLP, the changes may have significant implications for airport sponsors and the aviation industry. The Act was reported by Unknown Source.