Missouri HB2931 restricts the use of airport tax revenues to specific airport-related costs.
Missouri HB2931 amends Chapter 305 of the Revised Statutes of Missouri by adding a new section, 305.280, which limits the use of revenues derived from taxes on airports. These revenues, which include allocations to the general or property fund of a city not within a county, can only be used for capital or operating costs of the airport, the local airport system, or any other local facility directly related to air transportation of passengers. The bill ensures that such revenues are not expended for any other purpose.
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