Loading chat...
TX SB2226
Bill
Status
4/16/2025
Primary Sponsor
Robert Nichols
Click for details
AI Summary
-
Reduces the local matching fund requirement from 10% to 5% of total project costs for aviation facility loans or grants from the Texas Transportation Commission when the airport is located in an economically disadvantaged county
-
Economically disadvantaged counties are defined by reference to Section 222.053 of the Transportation Code
-
Maintains the standard 10% local match requirement for aviation facilities in all other counties
-
Retains existing requirements that political subdivisions must keep control of the airport for at least 20 years, disclose funding sources, and demonstrate adequate project planning
-
Takes effect September 1, 2025
Legislative Description
Relating to requirements for loans or grants provided by the Texas Transportation Commission to aviation facilities located in economically disadvantaged counties.
State Finances
Last Action
Referred to s/c on Transportation Funding by Speaker
4/22/2025