House Proceeding 03-17-10 on Mar 17th, 2010 :: 1:45:15 to 1:49:10
Total video length: 2 hours 13 minutes Stream Tools: Stream Overview | Edit Time

Note: MetaVid video transcripts may contain inaccuracies, help us build a more perfect archive

Views:205 Duration: 0:03:55 Discussion

Previous speech:

Next speech:

1:45:11 to 1:45:32( Edit History Discussion )

Jerry F. Costello: airport and airway trust funds to amend title 49 united states code toextend authorization for the airport improvement program and for other purposes. the speaker pro tempore: pursuant to the rule, the gentleman from illinois, mr. costello, and the gentleman from wisconsin, mr. petri, each will control 20 minutes. the chair recognizes the gentleman from illinois.

1:45:15 to 1:49:10( Edit History Discussion )
Speech By: Jerry F. Costello

1:45:33 to 1:45:54( Edit History Discussion )

Jerry F. Costello: mr. costa: madam speaker, i ask unanimous -- mr. costello: madam speaker, i ask unanimous consent that all members have five legislative days to include extraneous materials on h.r. 4853. the speaker pro tempore: without objection, so ordered. mr. costello: madam speaker, i yield myself such time as i may consume. the speaker pro temporethe gentleman is recognized. mr. costlo: madam speaker, thank you and i rise in support

1:45:55 to 1:46:16( Edit History Discussion )

Jerry F. Costello: of h.r. 4853, the federal aviation administration extension act of 2010. i want to thank chairman levin and ranking member camp as well as chairman oberstar and ranking member mica and petri for bringing this to the floor today. the f.a.'s been operating under a series of short-term extensions for 2 1/2 years, since the last f.a.

1:46:17 to 1:46:37( Edit History Discussion )

Jerry F. Costello: re-authorization bill expired. short-term extensions and uncertain funding levels can be disruptive to the aviation industry, airports and local communities because they do not allow them to plan for long-term growth. frankly, every month that goes by without a long-term f.a. authorization is a lost opportunity to improve aviation

1:46:38 to 1:46:58( Edit History Discussion )

Jerry F. Costello: safety and security and to create and maintain jobs around the country. madam speaker, the house did its job and passed h.r. 915, the f.a. re-authorization act of 2009, a three-year authorization of f.a. programs. for eight months we have been waiting on the other body to bring a bill to the floor and pass it.

1:46:59 to 1:47:19( Edit History Discussion )

Jerry F. Costello: the senate bill is now being debated in the other body and we look forward to pass -- passage of that bill so we can complete our work and begin with the re-authorization of the f.a. bill. however, the airport and airways trust fund will expire on march 31, 2010, and the bill before us today, h.r. 4853, extends

1:47:20 to 1:47:40( Edit History Discussion )

Jerry F. Costello: aviation taxes and expenditure authority and the airport improvement program contract authority until july 3, 2010. h.r. 4853 also provides for a total of $3 billion in a.i.p. contract authority through early july which translates to an annualized amount of $4 billion

1:47:41 to 1:48:02( Edit History Discussion )

Jerry F. Costello: for fiscal year of 2010. this level of funding is consistent with the annual levels provided by the house and senate re-authorization bills as well as the fiscal year 2010 ncurrent budget resolution. these additional funds will allow airports to continue critical safety and capacity enhancement projects. the -- additionally the bill

1:48:03 to 1:48:23( Edit History Discussion )

Jerry F. Costello: provides $7 billion for f.a. operations, $2.2 billion for facility and equipment programs and $144 million for research, engineering and development programs. when translated to yearly amounts these figures equal the funding levels passed for these programs by the fiscal year 2010

1:48:24 to 1:48:44( Edit History Discussion )

Jerry F. Costello: consolidated appropriations act. in addition, the three-month bill extends aviation excise taxes through july 3, 2010. these taxes are necessary to support the airport and airway it's trust -- airways trust fund which fund as large portion of the f.a.'s budget. any lapse in these taxes could drain the trust fund balance so it's important we act now,

1:48:45 to 1:49:06( Edit History Discussion )

Jerry F. Costello: pending the passage of a longer term re-authorization bill. aviation is too important to our nation's economy, contributing $1.2 trillion in output in approximately 11.4 million jobs to allow the taxes or the funding for critical aviation programs to expire. congress must ensure that this extension passes toda to reduce

1:49:07 to 1:49:11( Edit History Discussion )

Jerry F. Costello: delays in congestion, improve safety and efficiency, stimulate the economy and create jobs.