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Rule Title: POLICY AND PURPOSE OF AERONAUTICAL GRANT AND LOAN PROGRAM
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Department: TRANSPORTATION, DEPARTMENT OF
Chapter: BOARD OF AERONAUTICS
Subchapter: Aeronautical Grant and Loan Program
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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18.13.401    POLICY AND PURPOSE OF AERONAUTICAL GRANT AND LOAN PROGRAM

(1) In the interest of fostering and promoting aviation and aeronautical purposes within Montana, the Montana Department of Transportation offers aeronautical grants and loans to eligible public sponsors as allowed in 67-1-301 , MCA. The Aeronautics Division oversees and administers this program. The program may provide cost sharing grants and low interest loans for any aeronautically related project. The Montana Aeronautics Board, whose members are appointed by the governor's office, has sole authority on the annual awarding of grant and loan monies. A portion of general aviation and airline gas tax revenues generated within the state of Montana provides the principal funding for this program.

History: 67-2-102, MCA; IMP, 67-1-301, 67-1-304, 67-1-306, 67-1-307, MCA; NEW, 2006 MAR p. 81, Eff. 1/13/06.


 

 
MAR Notices Effective From Effective To History Notes
1/13/2006 Current History: 67-2-102, MCA; IMP, 67-1-301, 67-1-304, 67-1-306, 67-1-307, MCA; NEW, 2006 MAR p. 81, Eff. 1/13/06.
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