Texas SB2226 modifies loan and grant requirements for aviation facilities in economically disadvantaged counties.
Texas SB2226 amends the Transportation Code to change the requirements for loans or grants provided by the Texas Transportation Commission to aviation facilities in economically disadvantaged counties. The bill mandates that the airport or facility remain under the control of the political subdivision for at least 20 years. It also requires the political subdivision to disclose the source of all funds for the project and its ability to finance and operate the project.
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