(a) Awardable amounts
The Secretary shall provide financial assistance under this part—
(1) to a passenger air carrier required to file reports pursuant to part 241 of title 14, Code of Federal Regulations, as of March 27, 2020, in an amount equal to—
(A) the amount such air carrier was approved to receive (without taking into account any pro rata reduction) under section
9073 of this title; or
(B) at the request of such air carrier, or in the event such air carrier did not receive assistance under section
9073 of this title, the amount of the salaries and benefits reported by the air carrier to the Department of Transportation pursuant to such part 241, for the period from October 1, 2019, through March 31, 2020;
(2) to a passenger air carrier that was not required to transmit reports under such part 241, as of March 27, 2020, in an amount equal to—
(A) the amount such air carrier was approved to receive (without taking into account any pro rata reduction) under section
9073 of this title, plus an additional 15 percent of such amount;
(B) at the request of such air carrier, provided such air carrier received assistance under section
9073 of this title, the sum of—
(i) the amount that such air carrier certifies, using sworn financial statements or other appropriate data, as the amount of total salaries and related fringe benefits that such air carrier incurred and would be required to be reported to the Department of Transportation pursuant to such part 241, if such air carrier was required to transmit such information during the period from April 1, 2019, through September 30, 2019; and
(ii) an additional amount equal to the difference between the amount certified under clause (i) and the amount the air carrier received under section
9073 of this title; or
(C) in the event such air carrier did not receive assistance under section
9073 of this title, an amount that such an air carrier certifies, using sworn financial statements or other appropriate data, as the amount of total salaries and related fringe benefits that such air carrier incurred and would be required to be reported to the Department of Transportation pursuant to such part 241, if such air carrier was required to transmit such information during the period from October 1, 2019, through March 31, 2020; and
(3) to a contractor in an amount equal to—
(A) the amount such contractor was approved to receive (without taking into account any pro rata reduction) under section
9073 of this title; or
(B) in the event such contractor did not receive assistance under section
9073 of this title, an amount that the contractor certifies, using sworn financial statements or other appropriate data, as the amount of wages, salaries, benefits, and other compensation that such contractor paid the employees of such contractor during the period from October 1, 2019, through March 31, 2020.
(b) Deadlines and procedures
(1) In general
(A) Forms; terms and conditions
Financial assistance provided to a passenger air carrier or contractor under this part shall—
(i) be, to the maximum extent practicable, in the same form and on the same terms and conditions (including requirements for audits and the clawback of any financial assistance provided upon failure by a passenger air carrier or contractor to honor the assurances specified in section
9094 of this title), as agreed to by the Secretary and the recipient for assistance received under section
9073 of this title, except if inconsistent with this part; or
(ii) in the event such a passenger air carrier or a contractor did not receive assistance under section
9073 of this title, be, to the maximum extent practicable, in the same form and on the same terms and conditions (including requirements for audits and the clawback of any financial assistance provided upon failure by a passenger air carrier or contractor to honor the assurances specified in section
9094 of this title), as agreed to by the Secretary and similarly situated recipients of assistance under section
9073 of this title.
(B) Procedures
The Secretary shall, to the maximum extent practicable, publish streamlined and expedited procedures not later than 5 days after December 27, 2020, for passenger air carriers and contractors to submit requests for financial assistance under this part.
(2) Deadline for immediate payroll assistance
Not later than 10 days after December 27, 2020, the Secretary shall make initial payments to passenger air carriers and contractors that submit requests for financial assistance approved by the Secretary.
(3) Subsequent payments
The Secretary shall determine an appropriate method for the timely distribution of payments to passenger air carriers and contractors with approved requests for financial assistance from any funds remaining available after providing initial financial assistance payments under paragraph (2).
(c) Pro rata reductions
The Secretary shall have the authority to reduce, on a pro rata basis, the amounts due to passenger air carriers and contractors under subsection (a) in order to address any shortfall in assistance that would otherwise be provided under such subsection.
(d) Audits
The Inspector General of the Department of the Treasury shall audit certifications made under subsection (a).