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Committee advances airport funding bill that would enable statewide airport authority financing
Summary
Representative Garrett said HB25-11 creates a mechanism tied to HB25-07 for a statewide airport funding authority able to issue bonds; the subcommittee voted 11-0 to send HB25-11 to full finance.
Representative Garrett presented House Bill 25-11 as a companion to HB25-07 that would establish a funding authority for regional and metropolitan airports. Garrett said the legislation "strengthens our state's regional and metropolitan airports and focuses on Tennessee success, safety and security of our airports," and described the authority's ability to issue bonds for projects.
Members asked clarifying questions about the funding board and relationship to HB25-07; Clerk reported 11 ayes, 0 nos and the bill "moves to full finance." The committee recorded no objections during the vote and advanced the bill for full finance consideration.
