This Act may be cited as the Rebuilding America’s Airport Infrastructure Act.

(a) In general Section 40117 of title 49, United States Code, is amended— (1) in subsection (b)— (A) in paragraph (1) by striking of $1, $2, $3, $4, or $4.50 and inserting described in paragraph (4); (B) by striking paragraph (4) and inserting the following: (4) Passenger facility charge amount The maximum amount of a passenger facility charge imposed under paragraph (1) shall be— (A) for a 1-year period beginning on January 1, 2027, $5.50; (B) for a 1-year period beginning on January 1, 2028, $6.50; (C) for a 1-year period beginning on January 1, 2029, $7.50; and (D) on and after January 1, 2030, $8.50 (adjusted annually for inflation).; (C) in paragraph (6)— (i) by striking paragraphs (1) and (4) and inserting paragraph (1); and (ii) by striking or (4); and (D) in paragraph (7)(A)— (i) by striking, (4),; and (ii) by striking or (4); and (2) in subsection (d)— (A) in paragraph (2)(C) by striking the semicolon and inserting; and; (B) in paragraph (3) by striking; and and inserting a period; and (C) by striking paragraph (4). (b) Effective date The amendments made by this section shall apply with respect to passenger facility charges imposed on or after January 1, 2027.