HB1722 CD2

Report Title:

Air Carrier Commission Sunset Repealed

 

Description:

Repeals the June 30, 2002 sunset date of the law authorizing the establishment of the Air Carrier Commission, and the collateral deposit deadline for loan guarantees. (HB1722 CD2)

HOUSE OF REPRESENTATIVES	H.B. NO.	1722
TWENTY-FIRST LEGISLATURE, 2002		S.D. 1
STATE OF HAWAII		C.D. 2

A BILL FOR AN ACT

 

RELATING TO TRANSPORTATION.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Act 332, Session Laws of Hawaii 1993, is amended by amending section 11 to read as follows:

"SECTION 11. This Act shall take effect upon its approval; provided that section 2 shall take effect upon the enactment of federal legislation permitting implementation of that section; provided further that section 8 shall take effect on July 1, 1993; and provided further that the collateral required by section 4(c) of this Act is deposited into the Hawaii interisland loan guarantee trust fund on such terms and conditions acceptable to the director of the department of business, economic development, and tourism[, by June 30, 1993; and provided further that this Act shall be repealed on June 30, 2002]."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect on June 29, 2002.