Arizona § 28-8604 Advanced air mobility fund

Arizona Statutes

§ 28-8604 — Advanced air mobility fund

Arizona § 28-8604

Title 28Arizona Revised Statutes

Ch. 25AVIATION

Art. 9Advanced Air Mobility Infrastructure

This text of Arizona § 28-8604 (Advanced air mobility fund) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 28-8604 (2026).

Text

A.The advanced air mobility fund is established. The state treasurer shall administer the fund. Monies in the fund are subject to legislative appropriation and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. The state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. The fund consists of the following:

1.Monies appropriated by the legislature.

2.Any nonfederal gifts, grants, donations or other monies received by the state treasurer from any public or private source for transportation projects.

B.The monies in the fund shall be used to:

1.Purchase advanced air mobility vehicles that are capable of carrying passengers or cargo for testing and dem

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A. The advanced air mobility fund is established. The state treasurer shall administer the fund. Monies in the fund are subject to legislative appropriation and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. The state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. The fund consists of the following:

1. Monies appropriated by the legislature.

2. Any nonfederal gifts, grants, donations or other monies received by the state treasurer from any public or private source for transportation projects.

B. The monies in the fund shall be used to:

1. Purchase advanced air mobility vehicles that are capable of carrying passengers or cargo for testing and demonstration purposes of the ability to use the advanced air mobility vehicles.

2. Construct vertiports.

C. Before any expenditure is made from the fund, the state treasurer and the department shall submit an expenditure plan for review to the joint committee on capital review.