With slightly more than two days left before the FAA’s funding authority was set to expire, Congress approved a six-month extension, a stopgap measure that keeps the agency afloat until March 31, 2018.
Congress Approves FAA Funding Extension
Key Takeaways:
- Congress approved a six-month extension for the FAA's funding authority, ensuring the agency remains operational until March 31, 2018.
- A key obstacle to the extension's passage was removed after language allowing private flood insurance companies to enter the market was dropped from the bill.
- The bill was also tweaked to broaden tax break eligibility for U.S. citizens in Puerto Rico and the U.S. Virgin Islands.
Key takeaways sponsored by Aviator Pro | Start Your Training ->
See a mistake? Contact us.
