TagAviation Fuel(45)
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2021-01-11Washington Action Plan—FAA Policy Concerning Airport Revenue—2021 Update
A report from the Washington State Department of Revenue updating the action plan regarding FAA policy on airport revenue use, focusing on tracking methods for hazardous substance tax and petroleum products tax on aviation fuel. The report addresses federal requirements that certain state and local taxes on aviation fuel be used exclusively for airport purposes -
How a 1940s treaty set airlines on a path to high emissions and low regulation
Before the pandemic, aviation was on course to be the UK’s most polluting sector and produce as much as 22% of global emissions by 2050. The industry is suffering from low demand due to coronavirus restrictions, but without meaningful policy changes, flight numbers and emissions are expected to return to pre-COVID-19 levels by 2024. When accounting for emissions, aviation is -
2017-12-08
Aviation Fuel Tax Action Plans and Status
The 3-year transition period for state and local governments to come into compliance with the FAA’s Policy Concerning the Use of Airport Revenues; Proceeds from Taxes on Aviation Fuel; expired on December 8, 2017. The FAA will consider extension of the compliance date on a case by case basis for good cause. Read the Reminder of -
2014-02-25
Policy And Procedures Concerning The Use Of Airport Revenue; Proceed from Taxes on Aviation Fuel
Policy And Procedures Concerning The Use Of Airport Revenue; Proceed from Taxes on Aviation Fuel Created by the Federal Aviation Administration Port of Seattle Posted by the Federal Aviation Administration on Feb 25, 2014 The Port of Seattle, owner and operator of Seattle – Tacoma International Airport (“Sea-Tac”), agrees that proceeds generated from taxes on -
2012-02-14USC TITLE 49—TRANSPORTATION § 47133 – Restriction on use of revenues
Federal transportation law section detailing restrictions on how local taxes on aviation fuel and airport revenues can be used, with exceptions for prior agreements and private airport sales. Also includes the Airport Investment Partnership Program provisions for airport privatization.