STAND. COM. REP. NO.  1338

 

Honolulu, Hawaii

                , 2007

 

RE:   S.B. No. 1629

      S.D. 2

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

 

Sir:

 

     Your Committee on Health, to which was referred S.B. No. 1629, S.D. 2, entitled:

 

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF REVENUE BONDS TO ASSIST HAWAII HEALTH SYSTEMS CORPORATION OR ANY OF ITS REGIONAL SUBSIDIARY CORPORATIONS,"

 

begs leave to report as follows:

 

     The purpose of this bill is to authorize the issuance of revenue bonds to assist the Hawaii Health Systems Corporation or any of its regional subsidiary corporations. 

 

Specifically, this bill authorizes the issuance of special purpose revenue bonds to assist the Corporation or any of its regional subsidiary corporations with construction, improvements, and equipment for its facilities, including construction of a new heart, brain, and spine center on Maui.

 

     Your Committee received testimony in support of the measure from the Hawaii Health Systems Corporation, the Healthcare Association of Hawaii, and the Maui Memorial Medical Center.  Comments on the measure were received from the Department of Budget and Finance.

 

     Your Committee finds that the expansion of cardiology and neurology services on Maui will have a tremendous positive impact on the health and wellness of all residents of Maui and the State.

 

     Your Committee has amended this measure by changing the effective date to July 1, 2121 to facilitate further discussion of the measure.

 

     As affirmed by the record of votes of the members of your Committee on Health that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1629, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1629, S.D. 2, H.D. 1, and be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Health,

 

 

 

 

____________________________

JOSHUA B. GREEN, M.D., Chair