Page:United States Statutes at Large Volume 110 Part 5.djvu/144

 110 STAT. 3218 PUBLIC LAW 104-264—OCT. 9, 1996 (b) AMOUNTS APPORTIONED TO STATES. —Section 47114(d)(2) of such title is amended— (1) by striking "12" and inserting "18.5"; (2) in subparagraph (A) by striking "one" and inserting "0.66 "; (3) in each of subparagraphs (B) and (C) by striking "49.5" and inserting "49.67 "; and (4) in each of subparagraphs (B) and (C) by striking "except" the second place it appears and all that follows through "title," and inserting "excluding primary airports but including reliever and nonprimary commercial service airports,". SEC. 122. DISCRETIONARY FUND. Section 47115 is amended by striking the second subsection (f), relating to minimum amounts to be credited, and inserting the following: " (g) MINIMUM AMOUNT TO BE CREDITED.— "(1) GENERAL RULE.— In a fiscal year, there shall be credited to the fund, out of Eimounts made available under section 48103 of this title, an amount that is at least equal to the sum of— " (A) $148,000,000; plus "(B) the total amount required from the fund to carry out in the fiscal year letters of intent issued before January 1, 1996, under section 47110(e) of this title or the Airport and Airway Improvement Act of 1982. The amount credited is exclusive of amounts that have been apportioned in a prior fiscal year under section 47114 of this title and that remain available for obligation. "(2) REDUCTION OF APPORTIONMENTS. —In a fiscal year in which the amount credited under subsection (a) is less than the minimum amount to be credited under paragraph (1), the total amount calculated under paragraph (3) shall be reduced by an amount that, when credited to the fund, together with the amount credited under subsection (a), equals such minimum amount. "(3) AMOUNT OF REDUCTION.—For a fiscal year, the total amount available to make a reduction to cgury out paragraph (2) is the total of the amounts determined under sections 47114(c)(1)(A), 47114(c)(2), 47114(d), and 47117(e) of this title. Each amount shall be reduced by an equal percentage to achieve the reduction. "(4) SPECIAL RULE.— For a fiscal year in which the amount credited to the fund under this subsection exceeds $300,000,000, the Secretary shall allocate the amount of such excess as follows: "(A) Vb shall be made available to airports for which apportionments are made under section 47114(d) of this title. "(B) Va shall be made available for airport noise compatibility planning under section 47505(a)(2) of this title and for carrying out noise compatibility programs under section 47504(c)(1) of this title. "(C) Va shall be made available to current or former military airports for which grants may be made under section 47117(e)(1)(B) of this title.".

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