Abstract:
The Airport and Airway Improvement Act of 1982 and its 1987 amendments generally limit the grandfather exemption from the amended version of the revenue use requirement to statutory programs or taxes in effect on December 30, 1982, when the Airway Safety and Capacity Expansion Act of 1987 amended the Airport and Airway Improvement Act of 1982. (pp. 1-2).|"[T]he State of Tennessee may not rely on the fact that its 1986 state aviation fuel tax may be grandfathered to enact new measures to divert, directly or indirectly, airport revenue." (p. 2).
Index Terms:
Airport Revenues (Grant Assurance 25)|Revenue diversion|Grandfather exception