American Rescue Plan Act of 2021, Pub. L. 117-2, sec. 7102 (Relief for Airports), 135 Stat. 4, 96-98

The record

Jurisdiction

United States

Level

Federal

Authority

U.S. Const. art. I, sec. 8 and 9 (appropriations)

Issued

2021-03-11 Mar. 11, 2021

Effective

2021-03-11

End

Funds available until Sept. 30, 2024; sponsors to provide concession relief 'from the date of enactment of this Act until the sponsor has provided relief equaling the total grant amount' (read as 2024-09-30)

In force

Mar. 11, 2021 to Sept. 30, 2024

Quarters

2021 Q12021 Q22021 Q3

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

Limitation types

Other

Addressees

• airport sponsors
• airport concessions

Functions reached

• CR airport concessions (in-terminal); context for continuing travel collapse in 2021
• CB travelers

Collection

Rental and Leasing SEC-22

Operative words

(4) AIRPORT CONCESSIONS.--(A) IN GENERAL.--Not more than $800,000,000 shall be made available for sponsors of primary airports to provide relief from rent and minimum annual guarantees to airport concessions, of which at least $640,000,000 shall be available to provide relief to eligible small airport concessions and of which at least $160,000,000 shall be available to provide relief to eligible large airport concessions located at primary airports.... (C) CONDITIONS.--As a condition of approving a grant under this paragraph--(i) the sponsor shall provide such relief from the date of enactment of this Act until the sponsor has provided relief equaling the total grant amount

Enforcement

Notes