Air Travelers Fair Security Costs Act

Air Travelers Fair Security Costs Act - Prohibits air carriers from charging passengers for security services in excess of the actual costs to the air carriers for providing the services.

Requires the Civil Aeronautics Board within sixty days after enactment of this Act to establish procedures whereby each carrier shall report to the Board at the end of every six-month period thereafter the following: (1) the actual costs to said carrier for the provision of security measures for the protection of passengers during the preceding six-month period; and (2) the total amount of surcharges collected during the same six-month period for security measures to protect passengers.