Independent Federal Aviation Agency Act

[AI summary unavailable — showing source text] Independent Federal Aviation Agency Act - Sets forth the findings of Congress that the proper conduct of the responsibilities associated with civil aviation development and safety requires unencumbered action by an independent Federal aviation agency. Establishes the Federal Aviation Agency as an independent agency of the United States. Provides for the appointment of an Administrator and a Deputy Administrator by the President, by and with the advice and consent of the Senate. Sets forth the powers of such officers. Transfers to the Administration all functions, powers, and duties of the Secretary of Transportation and other officers of the Department of Transportation which are exercised by the Administrator of the Federal Aviation Administration, under the Federal Aviation Act, the Airport and Airway Development Act, and other specified laws. States that all orders, determinations and rulings which have been issued or allowed to become effective shall continue in effect. Provides that no suit or other proceeding shall be abated by reason of the enactment of this Act.…