1. Short title This Act may be cited as the Investing in America: Rebuilding America’s Airport Infrastructure Act . 2. Passenger facility charges Section 40117(b) of title 49, United States Code, is amended— (1) in paragraph (1) by striking of $1, $2, or $3 and inserting in any amount ; (2) by striking paragraph (4); (3) by redesignating paragraphs (5), (6), and (7) as paragraphs (4), (5), and (6), respectively; (4) in paragraph (5) (as so redesignated)— (A) by striking specified in paragraphs (1) and (4) and inserting specified in paragraph (1) ; and (B) by striking imposed under paragraph (1) or (4) and inserting imposed under paragraph (1) ; and (5) in paragraph (6)(A) (as so redesignated)— (A) by striking specified in paragraphs (1), (4), and (6) and inserting specified in paragraphs (1) and (5) ; and (B) by striking imposed under paragraph (1) or (4) and inserting imposed under paragraph (1) . 3. Airport improvement program (a) Funding Section 48103(a) of title 49, United States Code, is amended by striking $3,350,000,000 and all that follows before the period at the end and inserting $2,950,000,000 for each of fiscal years 2018 through 2021 . (b) Apportionments Section 47114 of title 49, United States Code, is amended— (1) by striking $3,200,000,000 each place it appears and inserting $2,950,000,000 ; and (2) in subsection (f)— (A) in paragraph (1) by striking paragraph (3) and inserting paragraph (4) ; (B) by redesignating paragraphs (2) and (3) as paragraphs (3) and (4), respectively