Reauthorization of the Federal Aviation Administration (FAA) in the 115th Congress [March 20, 2017] [open pdf - 1MB]
"The funding authorization for the Federal Aviation Administration (FAA), included in the FAA Extension, Safety, and Security Act of 2016 (P.L. 114-190), expires on September 30, 2017. In addition to setting spending levels, FAA authorization acts typically set policy on a wide range of issues related to civil aviation. This report considers topics that are likely to arise as the 115th Congress debates reauthorization. Most FAA programs are financed through the Airport and Airway Trust Fund (AATF), which is funded by a variety of taxes and fees on air transportation. The financial health of the AATF is generally good. However, changes in airline business practices could pose a risk to revenue. In particular, airlines' unbundling of ancillary fees from airfares is adversely affecting AATF revenue, as only base airfares are subject to the ticket tax that is the largest source of revenue for the trust fund. Reductions in AATF revenue would leave FAA more reliant on appropriations from the general fund."
CRS Report for Congress, R44791
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html