To amend title 49, United States Code, to permit the Secretary of Transportation to waive noise restrictions on certain aircraft operations.

[AI summary unavailable — showing source text] Amends Federal aviation law to authorize the Secretary of Transportation to provide a procedure under which a person will be exempt from stage 3 noise level restrictions and be permitted to operate a stage 1 or stage 2 aircraft in nonrevenue service to or from a U.S. airport in order to: (1) sell the aircraft outside the United States; (2) sell the aircraft for scrapping; (3) obtain modification to such aircraft to meet stage 3 noise levels; or (4) test aircraft engines if the aircraft takes off and lands at an airport located at a former military installation closed or realigned under specified law.…