CBO Issues Cost Estimate for Aviation Innovation and Global Competitiveness Act
November 04, 2026
November 04, 2026
WASHINGTON, Nov. 4 -- The Congressional Budget Office issued the following cost estimate for the Aviation Innovation and Global Competitiveness Act (S. 3885).
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S. 3885 would require the Federal Aviation Administration (FAA) to regulate activities related to advanced air mobility (AAM), a new form of aviation that includes aircraft that are electrically powered, fly autonomously, and take off and land vertically. In particular, the bill would require the FAA to work . . .
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S. 3885 would require the Federal Aviation Administration (FAA) to regulate activities related to advanced air mobility (AAM), a new form of aviation that includes aircraft that are electrically powered, fly autonomously, and take off and land vertically. In particular, the bill would require the FAA to work . . .