MNDOT Legislative One-Pager
Decoupling of the Airline Flight Property Tax from the rest of the State Airport Fund and setting a fixed tax levy at $8.05 million, an increase of 15% from the previous annual average of $7 million. This coupling only cripples our ability to take in more revenue from other sources without reducing the airline’s share of taxes on flight property.
Increasing the annual appropriation to include the growing forecast surplus in the State Airports Fund. A recent Minnesota State Aviation System Plan (MNSASP) study projects there to be a $1.2 billion funding need in the states airport system by 2030 (excludes MSP). This is met with a reality that the inflation adjusted appropriation has been slipping since a 1996 base year. Our construction dollars don’t go as far as they used to.
Increasing the current aircraft registration rates by 15%, remove the air ambulance exemption and cap their registration fee at $1,000, and replace the classic and antique aircraft exemption with a $25 annual fee.