Airport and Airway Trust Fund
E520376
The Airport and Airway Trust Fund is a U.S. federal fund that finances aviation infrastructure and operations, primarily through taxes on airline tickets, fuel, and cargo.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Airport and Airway Trust Fund canonical | 3 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf | federal trust fund ⓘ |
| administeredBy |
Federal Aviation Administration
NERFINISHED
ⓘ
Federal Aviation Administration Air Traffic Organization NERFINISHED ⓘ |
| beneficiary |
Airport Improvement Program
NERFINISHED
ⓘ
Facilities and Equipment account ⓘ Federal Aviation Administration Operations account ⓘ Research, Engineering, and Development account ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createdBy | Airport and Airway Development Act of 1970 NERFINISHED ⓘ |
| currency |
US dollar
ⓘ
surface form:
United States dollar
|
| fundingSource |
federal excise taxes on aviation gasoline
ⓘ
federal excise taxes on domestic air cargo waybills ⓘ federal excise taxes on domestic airline tickets ⓘ federal excise taxes on international airline tickets ⓘ federal excise taxes on jet fuel ⓘ interest on invested balances ⓘ international arrival and departure taxes ⓘ segment fees on airline passengers ⓘ taxes on frequent flyer award tickets ⓘ |
| governmentBranch | executive branch of the United States ⓘ |
| hasSpendingCategory |
air traffic control modernization
ⓘ
airport planning and noise compatibility programs ⓘ aviation safety and certification activities ⓘ capital investment in airports ⓘ |
| legislativeBasis |
Airport and Airway Revenue Act of 1970
NERFINISHED
ⓘ
Federal Aviation Administration Authorization Acts NERFINISHED ⓘ Internal Revenue Code of 1986 NERFINISHED ⓘ |
| managedBy | United States Department of Transportation NERFINISHED ⓘ |
| namedAfter | airports and airways system ⓘ |
| operatedBy | United States Department of the Treasury NERFINISHED ⓘ |
| overseenBy | United States Congress NERFINISHED ⓘ |
| partOf | United States federal budget NERFINISHED ⓘ |
| purpose |
finance United States aviation system
ⓘ
support Federal Aviation Administration operations ⓘ support air traffic control operations ⓘ support airport infrastructure development ⓘ support airport planning and development grants ⓘ support aviation safety programs ⓘ support facilities and equipment for air navigation ⓘ |
| relatedTo | Highway Trust Fund NERFINISHED ⓘ |
| revenueType |
excise taxes
ⓘ
user fees ⓘ |
| sector | aviation ⓘ |
| startTime | 1970 ⓘ |
| usedFor |
aviation research and development
ⓘ
aviation system capacity and efficiency improvements ⓘ capital grants to public-use airports ⓘ operation and maintenance of air navigation facilities ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.