49 U.S.C. § 47125
HISTORICAL AND REVISION NOTES | ||
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
47125(a) | 49 App.:2215(a), (b). | Sept. 3, 1982, Pub. L. 97-248, §516, 96 Stat. 692. |
47125(b) | 49 App.:2215(c). |
EDITORIAL NOTES
AMENDMENTS2000-Subsec. (a). Pub. L. 106-181 inserted at end "Before waiving a condition that property be used for an aeronautical purpose under the preceding sentence, the Secretary must provide notice to the public not less than 30 days before waiving such condition."
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATE OF 2000 AMENDMENT Amendment by Pub. L. 106-181 applicable only to fiscal years beginning after Sept. 30, 1999, see section 3 of Pub. L. 106-181 set out as a note under section 106 of this title.
CONSTRUCTION OF 2000 AMENDMENT Nothing in amendment by Pub. L. 106-181 to be construed to authorize Secretary of Transportation to issue waiver or make a modification referred to in such amendment, see section 125(e) of Pub. L. 106-181 set out as a note under section 47107 of this title.
RELEASE FROM RESTRICTIONS Pub. L. 112-95, title VIII, §817, Feb. 14, 2012, 126 Stat. 127, as amended by Pub. L. 115-254, div. B, title I, §141, Oct. 5, 2018, 132 Stat. 3211, provided that:"(a) IN GENERAL.-Subject to subsection (b), the Secretary of Transportation is authorized to grant to an airport, city, or county a release from any of the terms, conditions, reservations, or restrictions contained in a deed under which the United States conveyed to the airport, city, or county an interest in real property for airport purposes pursuant to section 16 of the Federal Airport Act (60 Stat. 179), section 23 of the Airport and Airway Development Act of 1970 (84 Stat. 232), or section 47125 of title 49, United States Code."(b) CONDITION.-Any release granted by the Secretary pursuant to subsection (a) shall be subject to the following conditions:"(1) The applicable airport, city, or county shall agree that in conveying any interest in the real property which the United States conveyed to the airport, city, or county, the airport, city, or county will receive consideration for such interest that is equal to its fair market value."(2) Any consideration received by the airport, city, or county under paragraph (1) shall be used exclusively for the development, improvement, operation, or maintenance of a public airport by the airport, city, or county."(3) Any other conditions required by the Secretary."