Requires the department of transportation to: (1) Convene a community aviation revitalization board to exercise the powers granted in chapter 47.68 RCW (aeronautics);

(2) Provide management services, including fiscal and contract services, to assist the board in implementing chapter 47.68 RCW; and

(3) Provide staff support to the board as needed.

Authorizes the community aviation revitalization board to: (1) Make direct loans to airport sponsors of public use airports for the purpose of airport improvements that primarily support general aviation activities; and

(2) Provide loans for the purpose of airport improvements if the state is receiving commensurate public benefit that must include, as a condition of the loan, a commitment to provide public access to the airport.

Requires the department and the board to keep proper records of accounts, which are subject to audit by the state auditor.