Bill > SF298

This bill establishes a $10,000,000 bond-funded grant program specifically designed to support rural airports in Minnesota that do not qualify for federal funding and are not part of the Federal Aviation Administration's (FAA) National Plan of Integrated Airport Systems. The bill directs the commissioner of transportation to distribute these grants to local governments that own such airports, and authorizes the commissioner of management and budget to sell and issue state bonds to fund the program. The bonds will be issued according to existing state statutes governing bond issuance (Minnesota Statutes, sections 16A.631 to 16A.675) and in compliance with the Minnesota Constitution's provisions on state bonding. The bill becomes effective immediately after its final enactment, providing a pathway for financial support to smaller, rural airports that have previously been ineligible for federal aviation funding.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0298&ssn=0&y=2025