HB2616: Airports, private-use; those licensed not required to provide proof of financial responsibility.

HOUSE BILL NO. 2616
Offered January 10, 2007
Prefiled January 10, 2007
A BILL to amend and reenact § 5.1-88.7 of the Code of Virginia, relating to private-use airports.
Patron-- May

Committee Referral Pending

Be it enacted by the General Assembly of Virginia:

1.  That § 5.1-88.7 of the Code of Virginia is amended and reenacted as follows:

§ 5.1-88.7. Proof of financial responsibility to be furnished for licensed airports or landing areas.

No airport or landing area shall be licensed by the Department unless and until the applicant thereof furnishes proof of financial responsibility at least in the amounts required by this chapter. Private-use airports required to be licensed by virtue of being located within five miles of a licensed public-use airport shall not be required to provide proof of financial responsibility.