Texas Transportation Code

§ 21.101 — FINANCIAL ASSISTANCE FOR CONSTRUCTION AND REPAIR OF AVIATION FACILITIES

TN § 21.101Title 3. AVIATION · Ch. 21. ADMINISTRATION OF AERONAUTICS · Art. C. AVIATION FACILITIES DEVELOPMENT AND FINANCIAL ASSISTANCE

Statute text

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(a)The department may loan or grant money to a state agency with a governing board authorized to operate an airport or to a governmental entity in this state to establish, construct, reconstruct, enlarge, or repair an airport, airstrip, or air navigational facility if:

(1)the money has been appropriated to the department for that purpose; and

(2)providing the money will:

(A)best serve the public interest; and

(B)best discharge the governmental aeronautics function of the state or its political subdivisions.

(b)A loan or grant under this subchapter must be made under a contract.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.