Report Title:

VEBA; Sunset

Description:

Makes VEBA trust law permanent.

HOUSE OF REPRESENTATIVES

H.B. NO.

1870

TWENTY-THIRD LEGISLATURE, 2006

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to voluntary employees' beneficiary association trusts.

 

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

SECTION 1. Act 245, Session Laws of Hawaii 2005, is amended by amending section 8 to read as follows:

"SECTION 8. This Act shall take effect upon its approval[, for the purpose of establishing a voluntary employees beneficiary association trust pilot program and shall be repealed on July 1, 2008; provided that sections 89-2, 89-3, 89-6, and 89-9, Hawaii Revised Statutes, are reenacted in the form in which they read on the day before the effective date of this Act]."

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 Statutory material to be repealed is bracketed and stricken.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:

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