WASHINGTON — Congressional committees have set a July 4 target date for the Federal Aviation Administration reauthorization bill to be signed into law, but lawmakers must clear a few obstacles including their differences over a bond-related provision before the legislation can be finalized.

The FAA and airport funding programs authorized by the pending law have been operating under short-term extensions since the last full authorization expired on Sept. 30, 2007. The current extension expires July 3.

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