Finance, Taxes, Insurance
NBAA Appauds Passage of Bizav-friendly Budget Bill
Majority of aviation funding would bolster air traffic control system
U.S. Capitol at night
© Matt Thurber/AIN

The budget reconciliation bill that passed in the U.S. House of Representatives late last night contained “multiple initiatives supporting the growth, safety, and sustainability of the nation’s aviation industry and infrastructure,” according to NBAA. The bill will next move to the Senate for consideration.

Included in the bill is $12.5 billion for airport and air traffic control projects that will replace aging radar systems, control towers, and terminal radar approach control facilities and fund controller recruitment and training. The legislation would reinstate 100% immediate expensing on factory-new and preowned aircraft purchases, reversing the phase-down of claimable depreciation to zero in 2027. 

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