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HF 236

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:34am

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 01/21/2009

Current Version - as introduced

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A bill for an act
relating to transportation; maintaining airline operations at Minneapolis-St. Paul
International Airport; enforcing certain contractual obligations and rights.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin PRESERVATION OF TRANSPORTATION SYSTEM.
new text end

new text begin Subdivision 1. new text end

new text begin Statement of purpose. new text end

new text begin The legislature finds that the provisions in
this bill are essential to meet the transportation needs of the residents of this state and to
further the statutory goals of providing a balanced transportation system and providing an
air transportation system sufficient to encourage economic growth of this state.
new text end

new text begin Subd. 2. new text end

new text begin Contract enforcement. new text end

new text begin If, through merger or otherwise, an airline or its
successor serving the Minneapolis-St. Paul International Airport fails to adhere to all
covenants regarding the maintenance of its hub, headquarters, and required employment
levels in the state of Minnesota, the Metropolitan Airports Commission shall use all
available means to enforce the covenants and, if necessary, require repayment of all
outstanding bond obligations and surrender of previously granted rent reductions pursuant
to the terms of the covenants. The Metropolitan Airports Commission shall not enter into
any agreement to modify, amend, or eliminate the covenants referenced in this section
without the agreement first being approved by law.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end