PRESIDENT'S SIGNATURE
UNLOCKS TRUST FUND AFTER DECADE OF TRYING
President Clinton yesterday signed into law the
landmark bill, known as
AIR-21 or H.R. 1000, that charts a course for FAA funding and policy for
the next three years and requires that all money in the Airport and
Airways Trust Fund be spent on aviation projects. "We have finally
put
the 'trust' back in the trust fund," said AOPA President Phil Boyer
yesterday. "All of the taxes collected from aviation users can now
be
used for air traffic control modernization and airport improvements."
NOTE: For details on the bill, check out AVweb's in-depth
coverage at
http://www.avweb.com/articles/air21files/
including the complete
text of the legislation and the roll call showing how your
senators
and representatives voted.