PRESIDENT UNVEILS HIS FISCAL YEAR 2013 BUDGET REQUEST
What’s at Issue On February 13, 2012, President Obama released his $3.8 trillion dullar federal budget proposal for fiscal year 2013 (FY13).
Why It’s Important The budget plan includes a $100-per flight user fee on aviation and reduces the bonus depreciation schedule for general aviation aircraft from five to seven years, to align with the depreciation schedule for commercial aircraft.
Major Provisions Revenue Raising Provisions :
Department of Transportation:
Federal Aviation Administration:
Department of Homeland Security:
NATA Position NATA is opposed to the proposed $100-per-flight user fee on general aviation. Over the past few years, the U.S. Congress has opposed any type of user fees on aviation to supplement the aviation trust fund. NATA understands the importance of sustaining the trust fund to ensure the safety and modernization of our national airspace system and, for this reason, we have supported a sensible tax increase on general aviation fuels. NATA will remain opposed to any user fee on general aviation that threatens the economic stability of our industry. In addition, the association will support the extension of bonus depreciation for general aviation aircraft, which is an important job-creating incentive for the industry and our country.
Status The U.S. Congress will review and consider the proposal provided by President Obama, but it is the authority of Congress to make funding decisions on the FY13 budget.
Kristen Moore Director, Legislative Affairs [email protected]
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