Created the Airport and Airway Trust Fund by placing an 8% tax on passenger airfares, a $3 surcharge on passenger tickets, a seven cents per gallon tax on aviation fuel, a five percent tax on air freight, and an annual aircraft registration fee.
Created the Airport and Airway Trust Fund by placing an 8% tax on passenger airfares, a $3 surcharge on passenger tickets, a seven cents per gallon tax on aviation fuel, a five percent tax on air freight, and an annual aircraft registration fee.