The IRS has issued temporary guidelines on the bonus depreciation option.
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News about governmental decisions affecting aviation and aerospace.
The FAA has scheduled several “fact finding” informal meetings to solicit information from operators and others concerning proposed revisions to Los Angeles Class B airspace. Meetings will be held at various locations in the Los Angeles area on January 20, 22, 27 and 29. For more information, contact the FAA’s Debra Trindle at (310) 725-6611.
While generally praising the FAA’s system of designated examiners and representatives, a Government Accountability Office (GAO) report said that the agency has not ensured that its oversight process for designees is consistent among its field offices.
A Super Bowl Special Traffic Management Program (STMP) for the Houston area will be in effect January 28 through February 3, requiring all non-airline operators to obtain arrival and departure reservations for seven airports within the greater Houston area. Reservations can be obtained up to 72 hours before arrival and departure times.
While it’s unlikely the FAA will push back this month’s deadline for the installation of ELTs in virtually all corporate jets, the agency might allow operators to file for a temporary exemption to the requirement if they can show a good-faith effort at compliance.
Comments are due by January 23 on a proposal to increase the size of the Minneapolis Class B airspace, namely expanding its upper limit to 10,000 feet msl. Traffic growth, recent TCAS alerts and the advent of a new runway are the main factors behind the proposal. In the first half of last year there were 17 TCAS events reported in the airspace to be included in the proposed changes.
LAAS developer Honeywell and FAA LAAS program officials remain tight lipped about how the contract, awarded in April on the understanding that the system’s development was 80-percent complete, had by September reversed itself to becoming only 20-percent complete.
The FAA issued a notice of proposed rulemaking last month that will require pilots to replace their paper certificates with upgraded, counterfeit-resistant plastic certificates within two years after the rule becomes final.
The comity promised by new House speaker Nancy Pelosi (D-Calif.) lasted all of about 24 hours when the 110th Congress convened last month. As part of the Democrat majority’s 100 legislative-hour program, the chamber passed new ethics rules designed to keep lobbyists distanced from lawmakers and their staffs.
The 110th Congress opened for business on January 4, with the Democrats in control of the Senate and the House of Representatives. After the obligatory congratulatory oratory to honor newly elected legislators, Democrats began the process of showing that they can break the previous legislative deadlock by having both parties involved in solving the country’s problems.