On October 11 the House small business subcommittee on regulatory reform and oversight considered the financial hit to small aviation business from restrictions on the National Airspace System. The hearing was intended to quantify dollar needs and consider expansion of recipients for aid under H.R.3007, introduced on October 3 by Rep. Bill Shuster (R-Pa.) with 25 cosponsors. The General Aviation Small Business Relief Act would authorize the Small Business Administration (SBA) to make grants for immediate losses, then issue loans at low or no interest for the first year, and extend the due date for excise taxes by up to four months.
NATA president Jim Coyne led the remarks presented to subcommittee chairman Mike Pence (R-Ind.), ranking minority member Robert Brady (D-Pa.), and committeewoman Dr. Donna Christensen (D-U.S. Virgin Islands). Key House members were absent, given a memorial ceremony held concurrently at the Pentagon.
