SB 661
Airports: financial assistance.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Revenue and Taxation
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Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill aims to create a dedicated funding stream for California airports by allocating a portion of state sales and use tax revenue generated from jet fuel. It requires the Controller to transfer funds from the Retail Sales Tax Fund to the Aeronautics Account, which will then be distributed to airports based on their fuel flowage statistics. The bill prioritizes funding for public and private airports, with specific allocations for rural airports, general aviation, aviation education, and existing grant programs, and includes a grant program to encourage air service development in rural areas.
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