MULTIMODAL COMMERCE: Provides relative to annual aviation fuel estimates. (8/1/26) (EN SEE FISC NOTE SD EX)
Signed by the Governor. Becomes Act No. 513.
Summary
The bill obligates the state revenue department to calculate each year the tax revenue expected from aviation fuel sales, using price, volume, and sales‑tax data. Those tax dollars are earmarked for the transportation department to fund airport‑related purposes, but only for airports that clearly designate public ramp space. It also establishes reporting, oversight and a sunset date of Jan. 1, 2027.
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