Airport TIFIA Financing Certainty Act redefines eligibility for airport-related projects under the Transportation Infrastructure Finance and.
The Airport TIFIA Financing Certainty Act amends the Transportation Infrastructure Finance and Innovation Act to redefine eligibility for airport-related projects. It specifies that projects constructing or improving aviation-related facilities, regardless of revenue or public accessibility, are eligible. The bill also modifies the determination of eligibility and project selection, exempting certain projects from specific waiver conditions. Additionally, it increases the maximum TIFIA loan amount from $75 million to $100 million.
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