On February 14, 2012, the President signed Public Law 112-95, also known as the FAA Modernization and Reform Act of 2012 (the Act). Section 813 of the Act, Use of Mineral Revenue at Certain Airports, grants the FAA Administrator the authority to exempt a defined amount of airport revenue generated from mineral extraction activities on general aviation airports from statutory, grant assurance, and policy obligations if specific conditions are met. Compliance Guidance Letter (CGL) 2012-01 (PDF) provides guidance to FAA�s Airports personnel and FAA block grant state personnel responsible for general aviation airports requesting exemptions in accordance with Section 813.
For more information on Mineral Rights Revenue Exemption Guidance, contact FAA Office of Airports, Compliance Division (ACO-100).
The FAA has also issued interim guidance on mineral extraction on and near federally obligated airports. The guidance on extraction activities is not subject to the statutory requirements governing revenue exemption under Section 813 of the FAA Modernization and Reform Act.
Page Last Modified: 10/10/12 09:53 EDT
This page can be viewed online at: http://www.faa.gov/airports/airport_compliance/mineral_revenue/