Aviation Funding Solvency Act
Summary
The Aviation Funding Solvency Act aims to ensure the continued operation of the Federal Aviation Administration (FAA) during government shutdowns. It allows the FAA to access funds from the Aviation Insurance Revolving Fund to maintain essential programs and activities. This includes covering operational costs and facility maintenance, prioritizing the compensation of air traffic controllers.
Expected Effects
This act would allow the FAA to continue critical functions during a lapse in appropriations. It prevents disruptions to air travel and ensures the safety and efficiency of the national airspace system. The bill also extends non-premium war risk insurance.
Potential Benefits
- Ensures continuity of FAA operations during government shutdowns.
- Maintains air traffic control services and aviation safety standards.
- Provides financial stability for essential FAA programs and projects.
- Prioritizes compensation for air traffic controllers, preventing disruptions.
- Extends non-premium war risk insurance for the aviation industry.
Potential Disadvantages
- Potential depletion of the Aviation Insurance Revolving Fund.
- May incentivize Congress to delay or avoid reaching agreement on appropriations bills.
- Could lead to less stringent oversight of FAA spending during funding lapses.
- The prioritization of air traffic controller compensation might lead to underfunding of other critical areas.
- The bill does not address long-term funding solutions for the FAA.
Constitutional Alignment
This bill appears to align with the Constitution, specifically Article I, Section 8, which grants Congress the power to regulate commerce. By ensuring the continued operation of the FAA, the bill facilitates interstate commerce and promotes the general welfare. The bill does not appear to infringe upon any individual liberties or rights protected by the Bill of Rights.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).