Senate adopts amendment creating airport hangar fund and moves $75 million from economic development projects
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Summary
The finance committee’s amendment to establish an Airport Hangar Development Project Fund and transfer $75 million from the economic development project fund was adopted; the measure prioritizes airports with long runways and creates the fund as a subfund so no supplemental appropriation is required.
The West Virginia Senate on second reading adopted a committee amendment to create an airport hangar grant program and an Airport Hangar Development Project Fund, directing a $75,000,000 transfer from the economic development project fund into a subfund designated for hangar development.
The Junior Senator from the Sixteenth explained the amendment on the floor, saying the transfer will be placed into a subfund that does not require a supplemental appropriation and that the program will prioritize airports with long runways for hangar construction and related ancillary work, including signage and site improvements. The committee’s amendment also clarified that previously awarded construction grants tied to Western New Business (Western Union business-rated) sites are not subject to surety-bond requirements.
Senators voiced general support for the amendment on economic development grounds and the Senate adopted the committee amendment and advanced the bill to third reading.
The transcript does not include detailed eligibility formulas or a list of intended recipient airports; the floor summary indicates the fund would support hangar development and associated access improvements.