FEDERAL · 49 U.S.C. · Chapter 481
Availability and uses of amounts
Current through Pub. L. 119-102
(a)Availability of Amounts.—Amounts equal to the amounts authorized under sections 48101–48105 of this title remain in the Airport and Airway Trust Fund established under section 9502 of the Internal Revenue Code of 1986 (26 U.S.C. 9502) until appropriated for the purposes of sections 48101–48105.
(b)Limitations on Uses.—
(1)Amounts in the Fund may be appropriated only to carry out a program or activity referred to in this chapter.
(2)Amounts in the Fund may be appropriated for administrative expenses of the Department of Transportation or a component of the Department only to the extent authorized by section 48104 of this title.
(c)Limitation on Obligating or Expending Amounts.—In a fiscal year beginning after September 30, 1998, the Secretary of Transportation may obligate or expend
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Related
Source Credit
History
(Pub. L. 103–272, §1(e), July 5, 1994, 108 Stat. 1297; Pub. L. 103–305, title I, §102(c), Aug. 23, 1994, 108 Stat. 1571; Pub. L. 104–264, title I, §103(c), Oct. 9, 1996, 110 Stat. 3216.)
Editorial Notes
In subsection (a), the words "for each fiscal year" are omitted as surplus.
In subsection (b)(1), the words "Notwithstanding any other provision of law to the contrary" are omitted as surplus. The reference to "this chapter" is intended to include sections 48106 and 48107 of the revised title for accuracy because the source provisions for those sections were enacted after the source provisions being restated in this section.
In subsection (b)(2), the words "for any fiscal year" are omitted as surplus.
In subsection (c), the words "be construed as" and "the purposes described in" are omitted as surplus.
Editorial Notes
Amendments
1996—Subsec. (c). Pub. L. 104–264 substituted "1998" for "1996".
1994—Subsec. (c). Pub. L. 103–305 substituted "1996" for "1995".
Statutory Notes and Related Subsidiaries
Effective Date of 1996 Amendment
Except as otherwise specifically provided, amendment by Pub. L. 104–264 applicable only to fiscal years beginning after Sept. 30, 1996, and not to be construed as affecting funds made available for a fiscal year ending before Oct. 1, 1996, see section 3 of Pub. L. 104–264, set out as a note under section 106 of this title.
In subsection (b)(1), the words "Notwithstanding any other provision of law to the contrary" are omitted as surplus. The reference to "this chapter" is intended to include sections 48106 and 48107 of the revised title for accuracy because the source provisions for those sections were enacted after the source provisions being restated in this section.
In subsection (b)(2), the words "for any fiscal year" are omitted as surplus.
In subsection (c), the words "be construed as" and "the purposes described in" are omitted as surplus.
Editorial Notes
Amendments
1996—Subsec. (c). Pub. L. 104–264 substituted "1998" for "1996".
1994—Subsec. (c). Pub. L. 103–305 substituted "1996" for "1995".
Statutory Notes and Related Subsidiaries
Effective Date of 1996 Amendment
Except as otherwise specifically provided, amendment by Pub. L. 104–264 applicable only to fiscal years beginning after Sept. 30, 1996, and not to be construed as affecting funds made available for a fiscal year ending before Oct. 1, 1996, see section 3 of Pub. L. 104–264, set out as a note under section 106 of this title.