§261-5.5 Passenger facility charge special fund. (a) There is established in the state treasury the passenger facility charge special fund, into which shall be deposited all proceeds from the passenger facility charge.

(b) Moneys in the passenger facility charge special fund shall be used for airport capital improvement program projects approved by the legislature.

(c) The director of transportation shall administer the passenger facility charge special fund. [L 2003, c 213, §14; am L 2004, c 101, §5]