Bill Summary for H 622 (2021-2022)

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Summary date: 

Apr 20 2021

Bill Information:

View NCGA Bill Details2021
House Bill 622 (Public) Filed Tuesday, April 20, 2021
AN ACT TO FUND THE RESEARCH AND DEVELOPMENT OF AN ELECTRIC VERTICAL TAKEOFF AND LANDING (EVTOL) SYSTEM.
Intro. by Shepard.

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Bill summary

Designates $5 million of the funds allocated to the Department of Transportation from the Highway Fund in fiscal year 2021-2022 in recurring funds to be allocated to AeroX as a grant to develop the nation’s first electric unmanned vertical take-off and landing system. Effective July, 2021.