SB 1467 Virginia Senate · 2025 Regular Session

Commonwealth Aviation Fund; changes allocation amounts.

Summary

Commonwealth Aviation Fund; allocations. Changes (i) the allocation amounts from the Commonwealth Aviation Fund, (ii) the entity to which certain funds from such Fund are allocated from air carrier airports to commercial service airport sponsors, and (iii) the classification of airports from air carrier airport and reliever airport to commercial service airport and regional business airport, respectively.

Issues: ✓ Transportation

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 17, 2025 Last action Jan 28, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Transportation Substitute · 4 edits

MODERATE

The bill was amended from its original introduced version to a Senate substitute version, primarily adding formatting elements like session headers and bill numbers while making substantive changes to funding allocations. The substitute version introduces a new 6% entitlement fund allocation to MWAA and modifies the percentage breakdowns for discretionary fund allocations between commercial service and general aviation airports.

Scope change

The bill's scope remains focused on Commonwealth Aviation Fund allocations, but the substitute version adds specific formatting requirements and modifies how certain fund percentages are distributed.

TECHNICAL

Added Senate substitute headers, bill numbers, and committee information that were not present in the original introduced version

FISCAL

Changed discretionary fund allocation percentages from 40/60 to 35/15 for the first six months of fiscal year, and added a new 6% entitlement allocation to MWAA

Adjusted the percentage allocations for entitlement and discretionary funds between different airport categories

ELIGIBILITY

Modified the description of eligible airports in the reporting requirements to include 'community business and local service airports'

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 23, 2025

Upper · Passed

Reported from Transportation with substitute and rereferred to Finance and Appropriations (12-Y 0-N)

upper

Jan 17, 2025

Committee

Referred to Committee on Transportation

upper

Jan 17, 2025

Introduced

Presented and ordered printed 25103570D

upper

1 primary · 0 co-sponsors