(a) As required by Transportation Code, §§21.106, 21.107, and 21.109, the staff, with aviation advisory committee advice, shall prepare and present for the commission's adoption:      
        (1) an Aviation Facilities Development Program, namely, the Texas Airport System Plan (TASP), identifying the aviation facilities requirements, locations, timing, eligibility for funding, and the investment necessary for a statewide airport system that, for the least practicable cost, will provide for the state's air transportation needs;       
        (2) a method for determining priorities among locations and projects eligible to receive financial assistance; and       
        (3) annually, a multi-year CIP identifying projects to be considered for financial assistance.       
      (b) The division will periodically review the programs and priorities required by subsection (a)(1) - (3) of this section to determine the need for their revision. The multi-year CIP shall be the basis for allocation of financial assistance.     
     Source Note:        The provisions of this §30.204 adopted to be effective September 27, 1990, 15 TexReg 5366; transferred effective September 1, 1993, as published in the Texas Register August 27, 1993, 18 TexReg 5768; amended to be effective May 24, 1995, 20 TexReg 3575; amended to be effective March 15, 2017, 42 TexReg 1153