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15 U.S.C. § 9044 — Continuation of certain air service

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9044 — Continuation of certain air service

The Secretary of Transportation is authorized to require, to the extent reasonable and practicable, an air carrier receiving loans and loan guarantees under [section 9042 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9042&num=0&edition=prelim) to maintain scheduled air transportation service as the Secretary of Transportation deems necessary to ensure services to any point served by that carrier before March 1, 2020. When considering whether to exercise the authority granted by this section, the Secretary of Transportation shall take into consideration the air transportation needs of small and remote communities and the need to maintain well-functioning health care and pharmaceutical supply chains, including for medical devices and supplies. The authority under this section, including any requirement issued by the Secretary under this section, shall terminate on March 1, 2022.

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Stable record: federal_law:legal_authorities:record_usc_2dcc79161a570e73a993bc70
Source file: Laws/federal/codes/united-states-code/title-15/section-9044-continuation-of-certain-air-service--0b1100848f.md
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Passage SHA-256: 42946145222df6a3444d558e893f638d691e674a37acd2174243bdf8f3ea6b92

Source location: Title 15, Chapter 116, § 9044; chapter-116-coronavirus-economic-stabilization-cares-act.md

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The Secretary of Transportation is authorized to require, to the extent reasonable and practicable, an air carrier receiving loans and loan guarantees under [section 9042 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9042&num=0&edition=prelim) to maintain scheduled air transportation service as the Secretary of Transportation deems necessary to ensure services to any point served by that carrier before March 1, 2020. When considering whether to exercise the authority granted by this section, the Secretary of Transportation shall take into consideration the air transportation needs of small and remote communities and the need to maintain well-functioning health care and pharmaceutical supply chains, including for medical devices and supplies. The authority under this section, including any requirement issued by the Secretary under this section, shall terminate on March 1, 2022.

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9042 — Emergency relief and taxpayer protections

**(a) In general** Notwithstanding any other provision of law, to provide liquidity to eligible businesses, States, and municipalities related to losses incurred as a result of coronavirus, the Secretary is authorized to make loans, loan guarantees, and other investments in support of eligible businesses, States, and municipalities that do not, in the aggregate, exceed $0 and provide the subsidy amounts necessary for such loans, loan guarantees, and other investments in accordance with the provisions of the Federal Credit Reform Act of 1990 ([2 U.S.C. 661](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661&num=0&edition=prelim) et seq.). **(b) Loans, loan guarantees, and other investments** Loans, loan guarantees, and other investments made pursuant to subsection (a) shall be made available as follows: (1) Not more than $0 shall be available to make loans and loan guarantees for passenger air carriers, eligible businesses that are certified under part 145 of title 14, Code of Federal Regulations, and approved to perform inspection, repair, replace, or overhaul services, and ticket agents (as defined in [section 40102 of title 49](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section40102&num=0&edition=prelim)). (2) Not more than 0 11 So in original. Probably should be preceded by a dollar sign. shall be available to make loans and loan guarantees for cargo air carriers. (3) Not more than 0 1 shall be available to make loans and loan guarantees for businesses critical to maintaining national security. (4) Not more than the sum of $0 and any amounts available under paragraphs (1), (2), and (3) that are not used as provided under those paragraphs shall be available to make loans and loan guarantees to, and other inves

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9042

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9044 — Continuation of certain air service

Page 2523 TITLE 15—COMMERCE AND TRADE § 9046 Subsec. (b)(2). Pub. L. 116–260, § 1003(b)(1)(B)(ii), sub- stituted ‘‘0’’ for ‘‘$4,000,000,000’’. Subsec. (b)(3). Pub. L. 116–260, § 1003(b)(1)(B)(iii), sub- stituted ‘‘0’’ for ‘‘$17,000,000,000’’. Subsec. (b)(4). Pub. L. 116–260, § 1003(b)(1)(B)(iv), sub- stituted ‘‘$0’’ for ‘‘$454,000,000,000’’ in introductory pro- visions. Subsec. (e). Pub. L. 116–260, § 1004, substituted ‘‘Not- withstanding any other provision of law, amounts’’ for ‘‘Amounts’’ in introductory provisions. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2022 AMENDMENT Amendment by Pub. L. 117–328 effective upon issuance of guidance or the promulgation of a rule by the Secretary of the Treasury, in consultation with the Secretary of Transportation, see section 102(c) of Pub. L. 117–328, set out as a note under secton 802 of Title 42, The Public Health and Welfare. EFFECTIVE DATE OF 2020 AMENDMENT Pub. L. 116–260, div. N, title X, § 1003(b)(1), Dec. 27, 2020, 134 Stat. 2146, provided in part that the amend- ment made by section 1003(b)(1) is effective Jan. 9, 2021. CONSTRUCTION OF 2020 AMENDMENT Pub. L. 116–260, div. N, title X, § 1003(b)(2), Dec. 27, 2020, 134 Stat. 2146, provided that: ‘‘The amendments made under paragraph (1) [amending this section] shall not be construed to affect obligations incurred by the Department of the Treasury before January 1, 2021.’’ § 9043. Limitation on certain employee com- pensation (a) In general The Secretary may only enter into an agree- ment with an eligible business to make a loan or loan guarantee under paragraph (1), (2) or (3) of section 9042(b) of this title if such agreement provides that, during the period beginning on the date on which the agreement is executed and ending on

Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 9044

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