The FASTER Act repeals a requirement that a portion of aviation security fees be credited as offsetting receipts and deposited in the general fund of.
The FASTER Act, or Funding for Aviation Screeners and Threat Elimination Restoration Act, repeals a requirement that a portion of aviation security fees be credited as offsetting receipts and deposited in the general fund of the Treasury. Instead, the fees will be deposited into a separate account in the Treasury, available for expenditure only to pay the costs of activities and services for which the fee is imposed. This change ensures that the collected fees directly finance the costs of aviation security screening.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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