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Gary Cathey (California) shared some potential good news for the Division of Aeronautics. As a result of the FAA’s amendment to existing aviation fuel tax regulations and the threat to enforce it, California state Senator McGuire sponsored a bill (SB 747) at the request of the Association of California Airports (GA airports) and the California Airports Council (Part 139 airports) to provide approximately $36M from the General Fund to the Aeronautics Account to fund an expanded list of eligible projects at commercial service and general aviation airports.  Gary says the $36M, of course, is just a portion of the sales tax revenue collected by the state on jet fuel, but it’s a step in the right direction.  “Hopefully, better times to come for us.”

Here’s a link to the bill


Categories: News
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