The payment must be renegotiated at least every ten years
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 40007, Sec. 40007.
Written by .
The payment must be renegotiated at least every ten years
The document says “shall”Who acts: Secretary of Transportation, Metropolitan Washington Airports AuthorityHow: statuteSec. 40007 in the PDF
What the document says
“The Secretary and the Airports Authority shall renegotiate the level of lease payments at least once every 10 years to ensure that in no year the amount specified in paragraph (1)(B) is less than $15,000,000 in 2027 dollars.”
The section requires the Secretary and the Airports Authority to renegotiate the level of lease payments at least once every ten years so that in no year does the figure fall below $15,000,000 in 2027 dollars.
What the document actually says
“The Secretary and the Airports Authority shall renegotiate the level of lease payments at least once every 10 years to ensure that in no year the amount specified in paragraph (1)(B) is less than $15,000,000 in 2027 dollars.”
That sentence, in plain words
The two sides must revisit the payment. That must happen at least once every ten years. The figure may never drop below $15 million in 2027 dollars.
What this is about
The floor is fixed in the law. Talks may raise the figure. They may not push it below the floor.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 40007, 139 Stat. 136 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The payment must be renegotiated at least every ten years,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 40007, Sec. 40007. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec40007-renegotiation/ (retrieved October 10, 2026).
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