Ala. Code § 23-1-364
This is the official text of Ala. Code § 23-1-364, part of Alabama’s Code — part of the compiled statutory law of Alabama, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Section 23-1-364 State Airports Development Fund
Official statutory text
A fund known as the State Airports Development Fund is hereby created. The following shall be deposited in the fund to the credit of the department:
(1) The revenue received from all taxes levied on aircraft fuel and other aeronautical facilities or services or persons engaged in aeronautical activities.
(2) All other funds appropriated or allocated by the state specifically for the engineering, construction, expansion, improvement, maintenance, and operation of airports either alone or jointly with municipalities, counties, or airport authorities of the state or with the federal government, or both.
(3) The proceeds from the sale of all bonds which may be issued for the aforementioned purposes.
(4) Any grants and donations received pursuant to Section 23-1-361.
(1) The revenue received from all taxes levied on aircraft fuel and other aeronautical facilities or services or persons engaged in aeronautical activities.
(2) All other funds appropriated or allocated by the state specifically for the engineering, construction, expansion, improvement, maintenance, and operation of airports either alone or jointly with municipalities, counties, or airport authorities of the state or with the federal government, or both.
(3) The proceeds from the sale of all bonds which may be issued for the aforementioned purposes.
(4) Any grants and donations received pursuant to Section 23-1-361.
Status: in_force · Read it on the official government site
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