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GAO-04-725R 1 (2004-06-04)

handle is hein.gao/gaocrptaqgm0001 and id is 1 raw text is: SGAO Accountability * Integrity Reliability United States General Accounting Office Washington, DC 20548 June 4, 2004 The Honorable John McCain Chairman The Honorable Ernest Hollings Ranking Minority Member Committee on Commerce, Science, and Transportation United States Senate The Honorable Don Young Chairman The Honorable James L. Oberstar Ranking Democratic Member Committee on Transportation and Infrastructure House of Representatives Subject: Aviation Assistance: Compensation Criteria and Payment Equity under the Air Transportation Safety and System Stabilization Act In response to the September 11, 2001, terrorist attacks on the United States, the Congress enacted the Air Transportation Safety and System Stabilization Act (Stabilization Act)' that provided, among other things, $5 billion in emergency assistance to compensate the nation's air carriers for losses incurred as a result of the attacks. Pursuant to a previous congressional request, we monitored the Department of Transportation's (DOT) progress in administering the emergency assistance program. As a result of our work, we reported3 on the payment process DOT employed to administer the program, details on the losses claimed by the air carriers, and the payments disbursed under the program. 'Air Transportation Safety and System Stabilization Act, Pub. L. No. 107-42, 115 Stat. 230 (Sept. 22, 2001). This act was later amended by the Aviation and Transportation Security Act, Pub. L. No. 107-71, § 124, 115 Stat. 597, 631 (Nov. 19, 2001). 2 The Stabilization Act directed the President to take actions to compensate air carriers. The President subsequently delegated his authority to do so to the Secretary of Transportation, 66 Fed. Reg. 49,507 (Sept. 27, 2001). 3 U.S. General Accounting Office, Aviation Assistance: Information on Payments Made Under the Disaster Relief and Insurance Reimbursement Programs, GAO-03-1156R (Washington, D.C.: Sept. 17, 2003). GAO-04-725R Aviation Assistance: Criteria and Payment Equity

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