SB 0339 Property tax abatement on certain airport improvements
Committee:FINALR Number:S1381.01I
Last Action:02/20/95 - Hearing Conducted S Financial & Governmental Operations Committee
Effective Date:August 28, 1995
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Current Bill Summary

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