(b) If:

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

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

then the provision takes effect on the specified effective date, unless promulgation of the act must occur under subsection (c).

     (c) If, in a case described in subsection (b), the specified effective date occurs before promulgation of the act, then the provision takes effect when promulgation of the act is completed. As used in this subsection, “promulgation” means the publication and circulation of an act in accordance with Article 4, Section 28 of the Constitution of the State of Indiana.

     (d) If:

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

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

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

     (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.