Bill Text: HI HB1456 | 2011 | Regular Session | Amended
Bill Title: Petroleum Industry; Unfair Trade Practices; Penalties
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2011-03-11 - (S) Referred to CPN, JDL. [HB1456 Detail]
Download: Hawaii-2011-HB1456-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
1456 |
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TWENTY-SIXTH LEGISLATURE, 2011 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE PETROLEUM INDUSTRY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 486B-4, Hawaii Revised Statutes, is amended to read as follows:
"[[]§486B-4[]]
Penalty. Any person who violates this chapter shall be [fined] subject
to an administrative fine of not more than [$10,000] $5,000
for each [violation or imprisoned for not more than five years, or both.]
day a person is in violation of this chapter."
SECTION 2. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect on January 7, 2059.
Report Title:
Petroleum Industry; Unfair Trade Practices; Penalties
Description:
Makes unfair trade practices by the petroleum industry subject to administrative rather than criminal penalties. Decreases the amount of fines imposed for each violation. Imposes fines for each day of violation. Effective January 7, 2059. (HB1456 HD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
