Section 50-4-14 - Uses for aeronautics fund.
50-4-14. Uses for aeronautics fund. The state aeronautics fund and the accumulations thereto as appropriated by the Legislature may be used for the following purposes:
(1) The construction, development, lighting, marking, and maintenance of publicly owned airports, landing fields, and landing strips;
(2) The lighting, marking, and maintenance of runways, landing strips, taxiways and parking areas of privately owned and operated airports, landing fields and landing strips licensed by the commission, in proportion to the amount of the aircraft fuel tax paid on the aircraft fuel purchased for resale for use in aircraft at each privately owned and operated airport, landing field or landing strip, as nearly as practicable, as to each of which it shall appear to the satisfaction of the commission that such airport, landing field or landing strip is operated and maintained in accordance with the laws of this state and the rules of the commission and the standard established therefor by any agency of the United States, and the unrestricted use of the airport, landing field or landing strip is at all times available to the general public for the taking off and landing of aircraft without cost or charge;
(3) The matching of any funds made available by the United States, this state, or any of the political subdivisions of this state for the purchase of sites for airports, landing fields, and landing strips, and for the construction, lighting, and marking of such airports, landing fields, and landing strips, in such amounts as the commission may determine; and
(4) The paying of salaries, office expenses, traveling, and other expenses of the commission and the commission's staff to carry out the responsibilities defined in chapter 50-2.
Source: SL 1989, ch 117, § 79; SL 1990, ch 377, § 5; SL 2010, ch 227, § 30.