Federal Aviation Administration Extension Act of 2008, Part II

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Federal Aviation Administration Extension Act of 2008, Part II - Amends the Internal Revenue Code to extend from September 30, 2008, through March 31, 2009: (1) excise taxes on aviation fuels and air transportation of persons and property; and (2) the expenditure authority for the Airport and Airway Trust Fund.

Extends funding from September 30, 2008, through March 31, 2009, for airport improvement program (AIP) projects, including project grant authority. Authorizes obligation at any time during FY2009 of funds made available by this Act. Prescribes a formula for calculating funding apportionments to implement the program.

Extends through March 31, 2009, various airport development projects, including: (1) the pilot program for passenger facility fees at nonhub airports; (2) the small community air service development program; (3) small airport grants for airports located in the Marshall Islands, Micronesia, and Palau; (4) state and local airport compatibility projects; (5) the authority of the Metropolitan Washington Airports Authority to apply for an airport development grant and impose a passenger facility fee; (6) the temporary increase to 95% in the government share of certain AIP project costs; (7) Midway Island airport development; and (8) airport planning and development grant programs.

Extends through March 31, 2009, Department of Transportation (DOT) insurance coverage for domestic and foreign-flag air carriers.

Extends through May 31, 2009, air carrier liability limits for injuries to passengers resulting from acts of terrorism.

Extends through March 31, 2009, the authorization of appropriations for: (1) Federal Aviation Administration (FAA) operations; (2) air navigation facilities and equipment; and (3) research, engineering, and development.