Airport And Airway Extension Act Signed Into Law And Assigned P.L. Number

On June 29, President Obama signed into law H.R.2279, “the Airport and Airway Extension Act of 2011, Part III.” It has been assigned a Public Law number: P.L.112-21. Among other things, the Act amends the Code to extend through July 22, 2011, increased excise taxes on aviation fuels, the excise tax on air transportation of persons and property, and the expenditure authority for the Airport and Airway Trust Fund.