|SB 0339||Property tax abatement on certain airport improvements|
|Last Action:||02/20/95 - Hearing Conducted S Financial & Governmental Operations Committee|
|Effective Date:||August 28, 1995|
SB 339 - This act provides a property tax abatement for increases in valuation which are due to federal funds. The abatement is only available for privately owned airports which are: 1) open to the public; 2) part of the National Plan of Integrated Airports System; and 3) recipients of federal airport improvement funding to improve the facility to federal airport safety standards.
The concept of this act was amended to SB 144