SENATE FLOOR AMENDMENT
FLOOR AMENDMENT NO. Date
SECTION 1. Senate Bill No. 2996, S.D. 2, is amended by changing the effective date from July 1, 2050, to January 1, 2019, in section 25 to read as follows:
"SECTION 25. This Act shall take effect on January 1, 2019; provided that section 11 shall take effect upon the satisfaction and discharge of:
(1) That certain Certificate of the Director of Transportation Providing for the Issuance of the State of Hawaii Airports System Revenue Bonds dated as of May 1, 1969;
(2) That certain Indenture of Trust dated as of December 1, 2013, between the department of transportation and U.S. Bank National Association; and
(3) All obligations issued and outstanding under the Certificate and Indenture."
Offered by: |
( ) Carried
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( ) Failed to Carry
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( ) Withdrawn
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