Substitute House Bill No. 6652
          Substitute House Bill No. 6652

              PUBLIC ACT NO. 97-269


AN ACT DECREASING  THE  AIRPORT ACCESS FEE PAID BY
OFF-SITE  AIRPORT  PARKING  OPERATORS  AT  BRADLEY
INTERNATIONAL AIRPORT.


    Be  it  enacted  by  the  Senate  and House of
Representatives in General Assembly convened:
    Section  1.  Subsection (a) of section 15-101m
of  the  general  statutes  is  repealed  and  the
following is substituted in lieu thereof:
    (a) Subject to  the  provisions of the general
statutes and resolution  authorizing  the issuance
of bonds pursuant  to  subsection  (a)  of section
15-101l,  the Commissioner  of  Transportation  is
authorized  to fix,  revise,  charge  and  collect
rates, rents, fees  and charges for the use of and
for the services  furnished  or to be furnished by
the facilities of  Bradley  International  Airport
and  to contract  with  any  person,  partnership,
association or corporation,  or other body, public
or private, in  respect  thereof  EXCEPT THAT, THE
COMMISSIONER SHALL NOT  IMPOSE  ANY FEE, CHARGE OR
COMMISSION ON THE  GROSS  REVENUES  OF OFF-AIRPORT
PARKING OPERATORS FOR  THE  RIGHT  TO  ACCESS SAID
AIRPORT THAT EXCEEDS  FIVE  PER CENT OF SUCH GROSS
REVENUES FOR CALENDAR  QUARTERS  COMMENCING  ON OR
AFTER JULY 1, 1997, AND PRIOR TO JULY 1, 1998, AND
FOUR PER CENT  OF SUCH GROSS REVENUES FOR CALENDAR
QUARTERS COMMENCING ON OR AFTER JULY 1, 1998. Such
rates, rents, fees  and charges shall be fixed and
adjusted in respect  of  the  aggregate  of rates,
rents, fees and  charges  from  the  operation  of
Bradley International Airport  so  as  to  provide
funds sufficient with  other  revenues  or  moneys
available therefor, if any, (1) to pay the cost of
maintaining,   repairing   and    operating    the
facilities of Bradley  International  Airport  and
each and every portion thereof, to the extent that
the payment of  such  cost  has not otherwise been
adequately provided for,  (2) to pay the principal
of and the  interest  on  any  outstanding revenue
obligations of the  state issued in respect of the
project as the  same  shall become due and payable
and  (3)  to  create  and  maintain  reserves  and
sinking funds required  or  provided  for  in  any
resolution   authorizing,   or   trust   agreement
securing, such bonds.  A  sufficient amount of the
revenues as may  be  necessary  to pay the cost of
maintenance, repair and  operation  and to provide
reserves   and   for    renewals,    replacements,
extensions, enlargements and  improvements  as may
be provided for  in the resolution authorizing the
issuance of any  bonds  or  in the trust agreement
securing the same,  shall  be  set  aside  at such
regular  intervals as  may  be  provided  in  such
resolution  or  trust   agreement  in  a  reserve,
sinking or other  similar  fund  which  is  hereby
pledged to, and  charged  with, the payment of the
principal of and the interest on such bonds as the
same shall become due, and the redemption price or
the purchase price  of  bonds  retired  by call or
purchase  as  therein   provided.   The   use  and
disposition  of  moneys  to  the  credit  of  such
reserve, sinking or  other  similar  fund shall be
subject  to  the   provisions  of  the  resolution
authorizing the issuance  of such bonds or of such
trust agreement.
    Sec.  2.  This  act  shall take effect July 1,
1997.

Approved June 27, 1997