As used in the Rural Air Service Enhancement Act:
A. "department" means the department of transportation;
B. "director" means the director of the division;
C. "division" means the aviation division of the department; and
D. "minimum revenue guarantee" means the amount of money guaranteed by a municipality or county to be earned by an airline providing scheduled air services to and from that municipality or county, which is the difference between the minimum flight charge revenue specified in the contract between the municipality or county and the airline and the amount of actual flight charge revenue received by the airline that is less than that contractual amount.
History: Laws 2021, ch. 47, § 2.
Effective dates. — Laws 2021, ch. 47, § 6 made Laws 2021, ch. 47, § 2 effective July 1, 2021.