RELATING TO AIR CARRIERS.

The effective date of the Act was changed from July 1, 2025 to July 1, 2050, which appears to be a significant error or placeholder that may need correction.

The reporting requirement was changed from a comprehensive report submitted once before the convening of the 2026, 2027, and 2028 sessions to an annual report submitted to the legislature before each regular session.

The program was changed from a three-year pilot program to an ongoing program without a specified end date in the text.

A new finding was added stating that since January 2021, only one passenger airline has provided service to the general public out of Molokai Airport, providing context for the need for the subsidy program.

The bill was amended to add a new section that amends Chapter 261E of the Hawaii Revised Statutes, incorporating the program into existing statutory law rather than creating standalone sections.

The appropriation language was updated to specify funding for fiscal years 2025-2026 and 2026-2027, maintaining the two-year funding structure but removing the explicit three-year pilot designation.

Changed the effective date from July 1, 2025 to July 1, 3000, with repeal on June 30, 2028, making this a three-year pilot program.

Added requirement that applicants must demonstrate measurable improvements in air service availability or affordability, including increased flights, reduced airfare, or alternative pricing structures.

Added requirement for annual audits of all funds disbursed, with consequences including return of misused funds and three-year ineligibility for carriers found to misuse funds.

Modified reporting requirements to include comprehensive reports on program impact including number of flights, cost changes, funds disbursed, and overall benefits to residents.

Added specific appropriation account designation (TRN995) for the subsidy program funds.