12 2 STA T .643PUBLIC LA W 11 0– 1 9 0 —FE B.2 8, 2008 PublicLaw1 1 0– 1 9 0 110 thCongres s A n Act Toamendth e I nte r na lR e v en u e C ode o f1986 toe x tend the fund i n g and ex p enditure authorit y of the A irport and Air w ay Tru s t F und , and for other purposes .Beit e nac te dby t h e S enate and Hous eo fR e pr esentati v es of the U nited States of Am erica in C on g ress assemb l ed ,SECTION1. S H O R T TIT L E. ThisActmaybe cite d as the ‘ ‘Ai rpo rta n d Air w ay Ex tension Act o f20 0 8’ ’ . SEC. 2 .E X TENSION O F T A XES F U N D IN G AIR P ORT AND AIR W A Y TRUST FUND. ( a )FUEL T AX E S . —Su bpara g raph ( B ) of section 4 08 1 (d)(2) of the I nterna lR e v enue C odeof1 9 8 6 is amended by stri k ing ‘‘Feb - ruary 29 , 2008’’ and inserting ‘‘ J une 3 0, 2008’’. (b) T ICK E T TAXES.— (1) P E R S ON S.—Clause (ii) of section 4261( j )(1)(A) of such Code is amended by striking ‘‘February 29, 2008’’ and inserting ‘‘June 30, 2008’’. (2) PRO P ERT Y .—Clause (ii) of section 42 7 1(d)(1)(A) of such Code is amended by striking ‘‘February 29, 2008’’ and inserting ‘‘June 30, 2008’’. (c) E F FECTI V E D ATE.—The amendments made by this section shall take effect on M arch 1, 2008. SEC. 3 . EXTENSION OF AIRPORT AND AIRWAY TRUST FUND EXPENDI - TURE AUTHORITY. (a) IN G ENERAL.—Paragraph (1) of section 9 5 02(d) of the Internal Revenue Code of 1986 is amended— (1) by striking ‘‘March 1, 2008’’ and inserting ‘‘July 1, 2008’’, and (2) by inserting ‘‘or the Airport and Airway Extension Act of 2008’’ before the semicolon at the end of subparagraph (A). (b) CONFOR M IN G AMEN D MENT.—Paragraph (2) of section 9502(f) of such Code is amended by striking ‘‘March 1, 2008’’ and inserting ‘‘July 1, 2008’’. (c) EFFECTIVE DATE.—The amendments made by this section shall take effect on March 1, 2008. SEC. 4 . EXTENSION OF AIRPORT I M PRO V EMENT PROGRAM AND OTHER AUTHORITIES. (a) AUT H ORI Z ATION OF APPROPRIATIONS.— (1) IN GENERAL.—Section 48103 of title 49, U nited States Code, is amended— (A) by striking ‘‘and’’ at the end of paragraph (3)
- 26USC950
2 note. 26 USC 4 0 81 . 26 USC 1 note. Airp ort a n d Air w a yEx ten s ion A c to f 2008. F e b .28 , 2008 [H . R .52 7 0 ]
�
