STAND. COM. REP. NO. 245

Honolulu, Hawaii

, 2005

RE: H.B. No. 1530

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Human Services, to which was referred H.B. No. 1530 entitled:

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST PALOLO CHINESE HOME AND ITS SUBSIDIARIES,"

begs leave to report as follows:

The purpose of this bill is to authorize the issuance of special purpose revenue bonds of up to $20,000,000 to assist Palolo Chinese Home and its subsidiaries in financing the expansion, construction, and rebuilding of its health care facilities.

The City and County of Honolulu testified in support of this measure. The Department of Budget and Finance commented on this bill.

Your Committee recognizes the urgent need to improve the facilities that provide long-term care and related services to Hawaii's rapidly growing elderly population.

As affirmed by the record of votes of the members of your Committee on Human Services that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1530 and recommends that it pass Second Reading and be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Human Services,

 

____________________________

ALEX M. SONSON, Chair