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HB 0503 - Airport Property Allowed For Lease to Private Parties for Development
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Tracking Level: Neutral
Sponsor: Rhonda Burnough
Last Action: 2/28/2019 - House Second Readers
House Committee: Governmental Affairs
Assigned To:
AirportsNext Bill
Kathleen BowenNext Bill

Staff Analysis of the Legislation

Counties, municipalities, or other political subdivisions which establish airports or landing fields can lease property lying within any county having an airport or landing field that is owned or operated by a municipality located outside of such county for a initial term of up to 50 years, and to extend such leases, to private parties for development of such property for hotels and related facilities, conference centers, office buildings, commercial and retail uses, and other similar airport and travel related purposes.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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