FLOOR AMENDMENT NO.                                                     Date                                              


TO:     Senate Bill No. 2996, S.D. 2


            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



(      )  Failed to Carry



(      )  Withdrawn