Rural airport program bond issuance and appropriation

This bill appropriates $10 million from state bond proceeds to fund grants for rural airports in Minnesota that don't qualify for federal funding and aren't included in the FAA's National Plan of Integrated Airport Systems. The funds will be distributed by the state transportation commissioner to local governments owning these eligible airports. The state will issue up to $10 million in bonds under existing state bond laws to finance this program. The program becomes effective the day after the bill is enacted.