CHAPTER 458
An Act to amend and reenact §§ 5.1-2.2:3 and 33.2-1526.6 of the Code of Virginia, relating to Commonwealth Aviation Fund; allocations.
[H 1231]
Approved April 8, 2026
Be it enacted by the General Assembly of Virginia:
1. That §§ 5.1-2.2:3 and 33.2-1526.6 of the Code of Virginia are amended and reenacted as follows:
§ 5.1-2.2:3 . Transparency and accountability in the use of Commonwealth Aviation Fund revenues.
A. By November 1 of each year, the Board shall report to the Governor and the General Assembly on the use of Commonwealth Aviation Fund revenues the previous fiscal year. The report shall include at a minimum the following:
1. The use of entitlement funds allocated pursuant to subdivision B 1 of § 33.2-1526.6 by each air carrier airport commercial service airport sponsor , including the amount of funds that are unobligated;
2. The award and use of discretionary funds allocated for air carrier commercial service and reliever regional business airports pursuant to subdivision B 2 a (1) of § 33.2-1526.6 by every such airport;
3. The award and use of discretionary funds allocated for general aviation community business and local service airports pursuant to subdivision B 2 a (2) of § 33.2-1526.6 by every such airport; and