Sec. 502. Approval; effective date

118 words·~1 min read·/bill/117/s/4560/is/section-502

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A compact agreement between the Federal Government and the Commonwealth government proposed by the Bilateral Negotiating Commission under section 501 shall take effect on the date of approval of the proposed compact agreement— in a ratification vote by eligible voters in a special election that is held— not later than 180 days after the date on which the Bilateral Negotiating Commission releases the proposed compact agreement; and in accordance with procedures developed by the Legislative Assembly; and by the Federal Government, in accordance with applicable Federal law and the Constitution.

If the special election under subsection (a)(1) results in a rejection of the proposed compact agreement, the process provided in section 501 and subsection

(a)shall be repeated.