THE SENATE |
S.B. NO. |
91 |
TWENTY-SIXTH LEGISLATURE, 2011 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to dislocated workers.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 394B-9, Hawaii Revised Statutes, is amended by amending subsection (c) to read as follows:
"(c) An employer of a covered
establishment that is actively seeking a buyer for a sale, transfer, or merger
or engaged in a bankruptcy proceeding shall [not] be required to
provide the notice required under subsection (a) [until] regardless
of whether or not the employer has entered into a binding agreement for the
sale, transfer, or merger of the covered establishment that results in a
divestiture[.] or has concluded a bankruptcy proceeding."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
INTRODUCED BY: |
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Report Title:
Dislocated Workers
Description:
Require employer of a covered establishment to notify its employees of a closing, which includes bankruptcy, regardless of whether the employer is actively seeking a buyer for a sale of the covered establishment or has concluded a bankruptcy proceeding.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.