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Published on Friday, March 3, 2017

Bill would create community aviation loan program

HB 1656 sponsored by Rep. Tom Dent (R-Moses Lake), creates a community aviation revitalization loan program within the Aeronautics Account. This program would allow small and local airports to apply for loans to fund capital projects, including repaving runways, installing runway lights, constructing new airport facilities, and improving existing facilities. These loans would be available to both public airports, and private airports that provide a “commensurate public benefit, such as public access, and do not have more than fifty thousand annual commercial service passenger enplanements.”

The bill also creates the Community Aviation Revitalization Loan Oversight Task Force to oversee and provide consultation on the loan program.

HB 1656 is eligible for a vote on the House floor.

Categories: Transportation