House Bill hb1023

    Florida House of Representatives - 2001                HB 1023

        By Representative Machek






  1                      A bill to be entitled

  2         An act relating to airport funding; amending s.

  3         332.007, F.S.; providing for extension of the

  4         reimbursement period for general aviation

  5         airports when the Department of Transportation

  6         funds project costs under certain

  7         circumstances; providing an effective date.

  8

  9  Be It Enacted by the Legislature of the State of Florida:

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11         Section 1.  Paragraph (a) of subsection (6) of section

12  332.007, Florida Statutes, is amended to read:

13         332.007  Administration and financing of aviation and

14  airport programs and projects; state plan.--

15         (6)  Subject to the availability of appropriated funds,

16  the department may participate in the capital cost of eligible

17  public airport and aviation development projects in accordance

18  with the following rates, unless otherwise provided in the

19  General Appropriations Act or the substantive bill

20  implementing the General Appropriations Act:

21         (a)  The department may fund up to 50 percent of the

22  portion of eligible project costs which are not funded by the

23  Federal Government, except that the department may initially

24  fund up to 75 percent of the cost of land acquisition for a

25  new airport or for the expansion of an existing airport which

26  is owned and operated by a municipality, a county, or an

27  authority, and shall be reimbursed to the normal statutory

28  project share when federal funds become available or within 10

29  years after the date of acquisition, whichever is earlier;

30  however, the reimbursement period for general aviation

31  airports may be extended by mutual agreement of the department

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CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 2001                HB 1023

    779-106-01






  1  and a municipality, county, or authority. Due to federal

  2  budgeting constraints, the department may also initially fund

  3  the federal portion of eligible project costs subject to:

  4         1.  The department receiving adequate assurance from

  5  the Federal Government or local sponsor that this amount will

  6  be reimbursed to the department; and

  7         2.  The department having adequate funds in the work

  8  program to fund the project.

  9

10  Such projects must be contained in the Federal Government's

11  Airport Capital Improvement Program, and the Federal

12  Government must fund, or have funded, the first year of the

13  project.

14         Section 2.  This act shall take effect upon becoming a

15  law.

16

17            *****************************************

18                          HOUSE SUMMARY

19
      Revises a provision of law governing the state plan for
20    airport projects to authorize the extension of the
      reimbursement period for general aviation airports by
21    mutual agreement of the Department Of Transportation and
      a municipality, county, or authority when the department
22    funds project costs.

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CODING: Words stricken are deletions; words underlined are additions.