781 

Federal Aviation Administration, DOT 

§ 158.39 

158.24 when applying for an amendment 
in the following situations: 

(A) To institute a decrease in the 

level of PFC to be collected from each 
passenger; 

(B) To institute a decrease in the 

total PFC revenue; 

(C) To institute an increase of 25 per-

cent or less of the original approved 
amount if the amount was more than 
$1,000,000; or 

(D) To institute an increase of any 

amount if the original approved 
amount of the project was less than 
$1,000,000 and if the amended approved 
amount of the project remains below 
$1,000,000; or 

(E) To establish a new class of car-

riers under § 158.11 or amend any such 
class previously approved; or 

(F) To delete an approved project. 
(2) A copy of any comments received 

from the processes in paragraph 
(b)(1)(A) of this section for the carrier 
consultation and the opportunity for 
public comment in accordance with 
§§ 158.23 and 158.24; 

(3) The public agency’s reasons for 

continuing despite any objections; 

(4) A description of the proposed 

amendment; 

(5) Justification, if the amendment 

involves an increase in the PFC 
amount for a project by more than 25 
percent of the original approved 
amount if that amount is $1,000,000 or 
greater, an increase in the PFC amount 
by any percentage if the original ap-
proved amount was less than $1,000,000 
and the amended approved amount is 
$1,000,000 or greater, a change in the ap-
proved project scope, or any increase in 
the approved PFC level to be collected 
from each passenger. 

(6) A description of how each project 

meets the requirements of § 158.17(b), 
for each project proposed for an in-
crease of the PFC level above $3.00 at a 
medium or large hub airport; 

(7) A signed statement certifying 

that the public agency has met the 
requiements of § 158.19, if applicable, 
for any amendment proposing to in-
crease the PFC level above $3.00 at a 
medium or large hub airport; and 

(8) Any other information the Admin-

istrator may require. 

(c) The Administrator will approve, 

partially approve or disapprove the 

amendment request and notify the pub-
lic agency of the decision within 30 
days of receipt of the request. If a PFC 
level of more than $3.00 is approved, 
the Administrator must find the 
project meets the requirements of 
§§ 158.17 and 158.19, if applicable, before 
the public agency can implement the 
new PFC level. 

(d) The public agency must notify the 

carriers of any change to the FAA’s de-
cision with respect to an approved PFC 
resulting from an amendment. The ef-
fective date of any new PFC level must 
be no earlier than the first day of a 
month which is at least 30 days from 
the date the public agency notifies the 
carriers. 

[Doc. No. FAA–2004–17999, 70 FR 14937, Mar. 
23, 2005, as amended by Amdt. 158–4, 72 FR 
28849, May 23, 2007] 

§ 158.39 Use of excess PFC revenue. 

(a) If the PFC revenue remitted to 

the public agency, plus interest earned 
thereon, exceeds the allowable cost of 
the project, the public agency must use 
the excess funds for approved projects 
or to retire outstanding PFC-financed 
bonds. 

(b) For bond-financed projects, any 

excess PFC revenue collected under 
debt servicing requirements shall be 
retained by the public agency and used 
for approved projects or retirement of 
outstanding PFC-financed bonds. 

(c) When the authority to impose a 

PFC has expired or has been termi-
nated, accumulated PFC revenue shall 
be used for approved projects or retire-
ment of outstanding PFC-financed 
bonds. 

(d) Within 30 days after the authority 

to impose a PFC has expired or been 
terminated, the public agency must 
present a plan to the appropriate FAA 
Airports office to begin using accumu-
lated PFC revenue. The plan must in-
clude a timetable for submitting any 
necessary application under this part. 
If the public agency fails to submit 
such a plan, or if the plan is not ac-
ceptable to the Administrator, the Ad-
ministrator may reduce Federal air-
port grant program apportioned funds. 

[Doc. No. 26385, 56 FR 24278, May 29, 1991, as 
amended by Amdt. 158–4, 72 FR 28849, May 23, 
2007]