STAND. COM. REP. NO. 1121

 

Honolulu, Hawaii

                  

 

RE:    H.B. No. 653

       S.D. 1

 

 

 

Honorable Donna Mercado Kim

President of the Senate

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

 

Madam:

 

     Your Committee on Ways and Means, to which was referred H.B. No. 653 entitled:

 

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS FOR HAWAI‘I PACIFIC HEALTH,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to improve public health, safety, and welfare.

 

     More specifically, this measure authorizes the issuance of special purpose revenue bonds to assist Hawaii Pacific Health with the construction or renovation of health care facilities.

 

     Your Committee received written comments in support of this measure from Hawaii Pacific Health.

 

     Your Committee received written comments on this measure from the Department of Budget and Finance.

 

     Your Committee finds that Hawaii Pacific Health provides health care services at four hospitals and forty-nine outpatient clinics and service sites throughout the State.  This measure would allow Hawaii Pacific Health to continue to provide more cost-effective services to the public by expanding its facilities and purchasing additional equipment.

 

     Your Committee has amended this measure by:

 

     (1)  Changing the total amount of bonds authorized to be issued from an unspecified amount to $175,000,000; and

 

     (2)  Making technical nonsubstantive amendments for the purpose of clarity.

 

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 653, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 653, S.D. 1.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

 

 

____________________________

DAVID Y. IGE, Chair