Hawaii legislature reaches agreement to suspend gasoline price cap
Sunday, April 30, 2006 Conference committee negotiators in the Hawaii state legislature have reached agreement on a bill that will suspend Hawaii’s controversial gasoline price control law, commonly known as the “gas cap.” Under the proposed bill created by the conference committee, the current gas cap law would be immediately suspended for an indefinite period. The cap price would continue to be calculated, but the governor would have sole discretion to reinstate the price cap.…