An airport loose change bill proposed by Rep. Jeff Miller (R-Fla.) would transfer the unclaimed money left at TSA checkpoints to specific nonprofit groups. It seems that there may be some life to this idea, as the TSA Loose Change Act has passed the House and now will head to the Senate. Business Week shared the details on Dec. 5.
During the fiscal 2012, travelers left behind more than $531,000 in loos change as they went through TSA screening. The TSA spent that money on airport projects, but the airport loose change bill would redirect that money elsewhere.
The bill Miller has proposed would go toward rest and relaxation facilities for military service members at airports. This is apparently Miller's third attempt to have this bill passed. Nonprofit organizations that have a national presence could bid for the money to create the rest centers. It seems right now only the United Service Organization actually would meet those requirements. They currently have 44 airport rest centers.
Miller's previous versions of the bill came with an approximate $1 million implementation price tag, according to the Congressional Budget Office. It seems this bill would have a lower cost, so it may have a better chance of passing.
Is the airport loose change bill the best way to spend that $500,000 or more a year that happens to be left behind at the TSA screening checkpoints? Or is there another way the money could be utilized?