S.2972: A bill to reauthorize and modernize the Federal Aviation Administration.

A bill to reauthorize and modernize the Federal Aviation Administration. 5/2/2008--Introduced. Aviation Investment and Modernization Act of 2008 - Amends federal transportation law to authorize appropriations for FY2008-FY2011 for: (1) Federal Aviation Administration (FAA) operations; (2) FAA air navigation facilities and equipment; (3) civil aviation research and development (R&D); (4) airport planning and development and noise compatibility planning programs; (5) certain other aviation programs; and (6) administrative expenses for certain airport programs. Revises passenger facility charge (PFC) provisions granting an eligible public agency that controls a commercial service airport the authority to impose a PFC on passengers boarding an aircraft. Establishes an alternative PFC collection pilot program. Authorizes the FAA Administrator to carry out a pilot program for certain airports to take over operational responsibility for airport terminal area air [...]

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