Minnesota SF298 authorizes a $10,000,000 bond issuance to fund the rural airport program.

Minnesota SF298 appropriates $10,000,000 from bond proceeds to the commissioner of transportation for the rural airport program. This funding is intended for grants to local governments that own airports not eligible for federal funding and not included in the Federal Aviation Administration's National Plan of Integrated Airport Systems. The commissioner of management and budget is directed to sell and issue state bonds up to $10,000,000, following the terms and conditions outlined in Minnesota Statutes and the state constitution.

Minnesota SF298 authorizes a $10,000,000 bond issuance to fund the rural airport program.

Minnesota SF298 appropriates $10,000,000 from bond proceeds to the commissioner of transportation for the rural airport program. This funding is intended for grants to local governments that own airports not eligible for federal funding and not included in the Federal Aviation Administration's National Plan of Integrated Airport Systems. The commissioner of management and budget is directed to sell and issue state bonds up to $10,000,000, following the terms and conditions outlined in Minnesota Statutes and the state constitution.