1. (a) This section applies only to an act that contains a declaration that an emergency exists.

2. (b) If the act provides that a provision of the act takes effect:

   1. (1) upon passage; or

   2. (2) retroactively to a specified date;

      then the provision takes effect upon approval of the act.

3. (c) If:

   1. (1) the act provides that a provision of the act takes effect on a specified date; and

   2. (2) approval of the act occurs on or before the specified date;

      then the provision takes effect on the specified effective date.

4. (d) If:

   1. (1) the act provides that a provision of the act takes effect on a specified date; and

   2. (2) approval of the act occurs after the specified date;

      then the provision takes effect on July 1 next following approval of the act.

5. (e) If the act does not provide an effective date for a provision of the act, then the provision takes effect on July 1 next following approval of the act, subject to section 5 of this chapter.

As added by P.L.1-1987, SEC.2.