Directs the Administrator of the Federal Aviation Administration to: (1) approve a request from the town of Pollock, Louisiana, to close the municipal airport there; and (2) release the town from any restrictions that would prevent the closure of such airport and redevelopment of the facilities to nonaeronautical uses. Requires the town of Pollock, upon the approval of the request to close the airport, to obtain fair market value for the sale of the airport property and transfer all proceeds of the sale to the sponsor of a public airport designated by the Administrator to be used for the development or improvement of such airport.