The bill proposes the addition of a new section, 305.280, to chapter 305 of the Revised Statutes of Missouri, which pertains to the revenues generated by city-owned airports that are not located within a county. This section allows such airports, which receive assistance from the federal government or the Missouri Department of Transportation, to utilize the revenues they generate. The revenues are defined to include allocations that can be credited to the general revenue fund of the city, derived from the operation of the airport and its facilities. Furthermore, the bill stipulates that these revenues can only be used for specific purposes, namely the capital or operating costs associated with the airport itself, the local airport system, or any other local facility that is owned or operated by the airport's owner and is directly related to air transportation. This ensures that the funds are allocated appropriately and are not diverted to unrelated expenditures.

Statutes affected:
Introduced (6713H.01): 305.280