To permit a government port authority to grant partnership status to a private business or developer, which would permit them to operate and collect revenue from the facility. New port authorities would not get half their expenses paid by the state like existing ones, but would be able to keep any annual profits rather than turning them over to the local and state government. Cities or counties could create a new port authority on their own, rather that in combination. New port authorities would not have the power of eminent domain but existing ones would retain it.
98 Yeas / 9 Nays | |
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