Report Title:

Environmental Site Cleanup

Description:

Repeals the sunset date of the Hawaii Brownfields Cleanup Revolving Loan Fund to enable the State to continue to offer low-cost loans to assist eligible borrowers in the cleanup of contaminated properties.  (HB1278 HD1)

HOUSE OF REPRESENTATIVES	H.B. NO.	1278
TWENTY-FOURTH LEGISLATURE, 2007		H.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO ENVIRONMENTAL SITE CLEANUP.

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

     SECTION 1.  The purpose of this Act is to repeal the sunset date of the Hawaii brownfields cleanup revolving loan fund, to enable the State to continue to offer low-cost loans to eligible borrowers for the cleanup of contaminated properties.

     SECTION 2.  Act 173, Session Laws of Hawaii 2002, is amended by amending section 5 to read as follows:

     "SECTION 5.  This Act shall take effect on July 1, 2002[, and shall be repealed on June 30, 2007]."

     SECTION 3.  Statutory material to be repealed is bracketed and stricken.

     SECTION 4.  This Act shall take effect on June 29, 2007.