Regulations and Government
Anti-bizjet language removed from TARP
Just as business aviation was girding for a fight over a Troubled Assets Relief Program (TARP) amendment that would have forced companies receiving TARP fu

Just as business aviation was girding for a fight over a Troubled Assets Relief Program (TARP) amendment that would have forced companies receiving TARP funds to dispose of their business aircraft, the House of Representatives moved to strike the language from the legislation.

Before the provision was scuttled, general aviation groups warned Congress that such a requirement would have a devastating effect on the GA industry and the national economy, putting hundreds of thousands of jobs at risk.