Hangar construction revolving account deposit funding provided, bonds issued, and money appropriated.
This bill appropriates $9 million from state bond proceeds to fund hangar construction at Minnesota airports through a revolving account managed by the Department of Transportation. It authorizes the state to issue up to $9 million in bonds to cover this funding, with the money deposited into a dedicated account under Minnesota Statutes. The revolving account allows funds to be reused for future hangar projects as they are repaid. This directly affects airport infrastructure planning and the state's capital investment budget for aviation facilities.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2025
Last action Feb 17, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 17, 2025
Introduced
Introduction and first reading, referred to Capital Investment
lower
1 primary · 1 co-sponsor
Sponsors
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