HB545: AN ACT relating to aviation.

Legislative Summary

Create new sections of KRS Chapter 183 to establish the aviation development fund and appropriate moneys in the fund for the purpose of expanding educational opportunities in the field of aviation and aeronautics and promote aviation programs in the Commonwealth; direct the Department of Aviation to establish an aviation development grant program and specify expenditure levels in the aviation development fund for different purposes; set forth criteria for judging grant proposals, an application, and award schedule; create reporting requirements to the Interim Joint Committees on Appropriations and Revenue and Transportation on grant applications and awards; establish the Aviation Development Grant Review Committee to evaluate grant proposals and award grants, set forth membership, qualifications, and administrative procedures of the five member board; provide for staggered terms of initial citizen appointments to the committee; APPROPRIATION; EMERGENCY