DIGEST OF INTRODUCED BILL
Grants for contract air traffic control towers. Creates the contract for services fund to provide grants for nonfederal contract air traffic control towers. Provides that the fund is administered by the Indiana department of transportation. Provides that each grant from the fund must be at least $100,000. Allows for additional funding for each grant under a formula using a cost benefit ratio from the United States Department of Transportation. Requires the Indiana department of transportation to determine the amount needed in the fund each year. Provides for an annual appropriation to the fund from the state general fund. Appropriates $500,000 in initial funding from the state general fund.