(a) In General.—There shall be available to the Secretary of Transportation out of the Airport and Airway Trust Fund established under section 9502 of the Internal Revenue Code of 1986 to make grants for airport planning and airport development under section 47104, airport noise compatibility planning under section 47505(a)(2), and carrying out noise compatibility programs under section 47504(c)—

(1) $3,350,000,000 for fiscal year 2018;

(2) $3,350,000,000 for fiscal year 2019;

(3) $3,350,000,000 for fiscal year 2020;

(4) $3,350,000,000 for fiscal year 2021;

(5) $3,350,000,000 for fiscal year 2022;

(6) $3,350,000,000 for fiscal year 2023; and

(7) $1,464,480,874 for the period beginning October 1, 2023, and ending on March 8, 2024.


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Terms Used In 49 USC 48103

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(b) Availability of Amounts.—Amounts made available under subsection (a) shall remain available until expended.

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