Section 21682 Of Article 4. Aeronautics Fund From California Public Utilities Code >> Division 9. >> Part 1. >> Chapter 4. >> Article 4.
21682
. (a) The department shall establish individual revolving fund
subaccounts for eligible airports in the Aeronautics Account in the
State Transportation Fund. Money payable under this section shall be
credited to individual airport subaccounts annually, and may be
accumulated for a maximum period of five years.
(b) The department shall, subject to Section 21684, credit from
the Aeronautics Account to each public entity owning and operating an
airport or airports under a valid permit issued by the department
for every airport which has not been designated by the Federal
Aviation Administration as (1) a reliever airport, as defined in
Section 503 (a) (19) of the federal Airport and Airway Improvement
Act of 1982, as amended, or (2) a commercial service airport, as
defined in Section 503 (a) (5) of the federal Airport and Airway
Improvement Act of 1982, as amended, the sum of ten thousand dollars
($10,000) annually for each qualifying airport. These funds shall be
paid to public entities upon request for expenditure on preapproved
eligible projects. Eligible public entities may submit applications
for the withdrawal of credited funds for expenditure on proposed
projects in letter form to the department for review and approval.
Projects identified shall be for airport and aviation purposes and
operation and maintenance purposes. No payment made under this
section is transferable, but shall be expended only upon the airport
for which the payment is made, unless the department authorizes a
payment to be transferred for expenditure on another airport owned or
operated by the public entity. The department may establish any
accounting systems it deems necessary to provide for the cumulation
and expenditure of funds under this subdivision.
(c) If, in any year, there is insufficient money in the
Aeronautics Account to make the credits specified in subdivision (b),
the department shall, subject to Section 21684, credit to each
public entity subaccount an amount which is equal to the total amount
of money in the Aeronautics Account multiplied by a percentage
equivalent to the proportion which the airport or airports of the
public entity for which credit is required to be made pursuant to
subdivision (b) bear to the total number of airports for which credit
is required to be made pursuant to subdivision (b).
(d) No payment shall be made under this section to any public
entity for any airport on which general or commercial aviation
activities are substantially restricted if the airport is licensed to
conduct these activities by the department. The department shall
determine whether or not general or commercial aviation activities
are restricted.
(e) The department shall adopt rules and regulations and establish
procedures to effect prompt payment to public entities for eligible
airport projects from money credited pursuant to this section.