§ 14-362-132 - Exemption from annexation and municipal regulation.
               	 		
14-362-132.    Exemption from annexation and municipal regulation.
    (a)  For  purposes of this section, "authority" means an authority created with  members from two (2) or more counties and three (3) or more cities, and  the property of the authority shall be defined as the real property  owned in fee simple title by the authority or property acquired in fee  simple title by the authority in the future which is acquired for  aviation purposes.
(b)    (1)  The  property and operations of an authority shall be exempt from the  enactment of any rules, regulations, ordinances, permit requirements,  and enforcement by a municipality.
      (2)  A  municipality may enact and collect a sales tax, a liquor tax, and a  hotel, motel, and restaurant tax on the operations located on the  property of the authority, but other taxes or fees enacted by a  municipality pertaining to the property or operations of the authority  shall require the approval of a majority vote of the board of directors  of the authority.
(c)  If a  municipality in which the property of an authority is located merges  with or is annexed or consolidated by another municipality, an authority  may de-annex from the municipality upon a majority vote of the board of  directors of the authority.