GENERAL ASSEMBLY OF NORTH CAROLINA

1983 SESSION

 

 

CHAPTER 319

HOUSE BILL 764

 

AN ACT TO AMEND THE LIMITATIONS ON STATE FINANCIAL AID TO AVIATION.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 63-68 is amended by adding a new subdivision to read:

"(5)      Notwithstanding the provisions of this section, the Department of Transportation may allow loans and grants of State funds up to eighty percent (80%) of the total cost of the development of new publicly owned airports identified in the North Carolina Airport System Plan, provided that such funding shall be limited to land acquisition, site preparation, basic runway, taxiway, and apron system construction, together with associated lighting and navigational aids, and construction of the primary aiport access road. Any airport receiving Federal Airport Aid shall not be eligible for the foregoing eighty percent (80%) State funding, and, further, electronic navigational aids, terminal buildings, access taxiways, and other items eligible for State Airport Aid at the rate of fifty percent (50%) of the nonfederal share of project costs shall not be eligible for the foregoing eighty percent (80%) State funding, even though constructed as part of initial airport development."

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 17th day of May, 1983.