1. Short title This Act may be cited as the Direct Capital Access Act or the DCA Act . 2. Additional within and beyond perimeter slot exemptions at Ronald Reagan Washington National Airport (a) Increase in number of slot exemptions Section 41718 of title 49, United States Code, is amended by adding at the end the following new subsection: (i) Additional slot exemptions (1) Increase in slot exemptions Not later than 90 days after the date of enactment of this subsection, the Secretary shall grant, by order, 56 exemptions from— (A) the application of sections 49104(a)(5), 49109, and 41714 to air carriers to operate limited frequencies and aircraft on routes between Ronald Reagan Washington National Airport and airports located within or beyond the perimeter described in section 49109; and (B) the requirements of subparts K, S, and T of part 93, Code of Federal Regulations. (2) Incremental DCA slot allocations (A) In general Of the slot exemptions made available under paragraph (1), the Secretary shall make 40 available to incumbent air carriers qualifying for status as a non-limited incumbent carrier and 16 available to incumbent carriers qualifying for status as a limited incumbent carrier at Ronald Reagan Washington National Airport as of the date of enactment of this subsection. (B) Air carrier requirements An air carrier granted a slot exemption made available under paragraph (1)— (i) may operate up to a maximum of 8 of the newly authorized slot exemptions; (ii) shall have sole discretion concerning the use of an exemption made available under paragraph (1), including the initial or any subsequent within or beyond perimeter destinations to be served