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- Airport_and_Airway_Development_Act_of_1970 abstract "The Airport and Airway Development Act of 1970 (Pub.L. 91-258) was a United States federal law passed during the 91st Congress, and signed into law by President Richard Nixon in conjunction with the Airport and Airway Revenue Act on May 21, 1970. The act was meant to fill funding gaps in the airport and airway system, which had become inadequate due to the rapid growth of aviation. The legislation was estimated to generate greater than $11 billion in funds,Together, the two acts created and planned funding for the Airport and Airway Trust Fund (Airport Trust Fund), which was initiated on July 1, 1970. The new Airport Trust Fund was modeled on the Federal Highway Trust Fund, and would be fulfilled by new aviation-related excise taxes. These new taxes, including a tax on aviation fuels, a tax placed on tickets sold to passengers on domestic and international flights, a tax on waybills, and a new tax on aircraft registration, were expected to provide the anticipated $11 billion trust fund. These taxes would feed into the Airport Trust Fund in order to pay for airport development, as well as \"acquiring, establishing, and improving air navigationalfacilities.\" The fund was authorized to pay for these improvements using $280 million a year grants over a five-year period.It is believed that this user fee system would be advantageous compared to a flat tax, because it provided a predictable level of funding, allowed for the trust to plan far ahead, and assured fees meant for aviation related improvements would not be divided amongst unrelated fields.Six years after the act became law, the Act was augmented by the Airport and Airway Development Act Amendments of 1976. The 1976 legislation was signed into law by President Gerald Ford in order to \"make possible the continuing modernization of our airways, airports, and related facilities in communities throughout the 50 States.\" Ford stated these amendments would combat inflation and referred to the system as creating a \"'pay-as-you-fly' program\".".
- Airport_and_Airway_Development_Act_of_1970 wikiPageExternalLink 281779.pdf.
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- Airport_and_Airway_Development_Act_of_1970 wikiPageRevisionID "674618807".
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink 91st_United_States_Congress.
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- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Category:United_States_Department_of_Transportation.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Category:United_States_Department_of_the_Treasury.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Category:United_States_federal_transportation_legislation.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Excise_tax_in_the_United_States.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Gerald_Ford.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Highway_Trust_Fund.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Law_of_the_United_States.
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- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Richard_Nixon.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink User_fee.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Waybill.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLink Whip_inflation_now.
- Airport_and_Airway_Development_Act_of_1970 wikiPageWikiLinkText "Airport and Airway Development Act of 1970".
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- Airport_and_Airway_Development_Act_of_1970 subject Category:1970_in_aviation.
- Airport_and_Airway_Development_Act_of_1970 subject Category:1970_in_law.
- Airport_and_Airway_Development_Act_of_1970 subject Category:Aviation_in_the_United_States.
- Airport_and_Airway_Development_Act_of_1970 subject Category:United_States_Department_of_Transportation.
- Airport_and_Airway_Development_Act_of_1970 subject Category:United_States_Department_of_the_Treasury.
- Airport_and_Airway_Development_Act_of_1970 subject Category:United_States_federal_transportation_legislation.
- Airport_and_Airway_Development_Act_of_1970 hypernym United.
- Airport_and_Airway_Development_Act_of_1970 type Ministry.
- Airport_and_Airway_Development_Act_of_1970 comment "The Airport and Airway Development Act of 1970 (Pub.L. 91-258) was a United States federal law passed during the 91st Congress, and signed into law by President Richard Nixon in conjunction with the Airport and Airway Revenue Act on May 21, 1970. The act was meant to fill funding gaps in the airport and airway system, which had become inadequate due to the rapid growth of aviation.".
- Airport_and_Airway_Development_Act_of_1970 label "Airport and Airway Development Act of 1970".
- Airport_and_Airway_Development_Act_of_1970 sameAs Q4698963.
- Airport_and_Airway_Development_Act_of_1970 sameAs m.02vxdtm.
- Airport_and_Airway_Development_Act_of_1970 sameAs Q4698963.
- Airport_and_Airway_Development_Act_of_1970 wasDerivedFrom Airport_and_Airway_Development_Act_of_1970?oldid=674618807.
- Airport_and_Airway_Development_Act_of_1970 isPrimaryTopicOf Airport_and_Airway_Development_Act_of_1970.