STAND. COM. REP. NO. 212

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1277

       S.D. 1

 

 

 

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Madam:

 

     Your Committee on Health, to which was referred S.B. No. 1277 entitled:

 

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS FOR ASSISTING NOT-FOR-PROFIT CORPORATIONS THAT PROVIDE HEALTH CARE FACILITIES TO THE GENERAL PUBLIC,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to authorize the issuance of special purpose revenue bonds to various Paradise Ohana entities for development of health care facilities in West Oahu.

 

     Your Committee received testimony in support of this measure from Paradise Ohana, LLC.  Your Committee received testimony in opposition to this measure from the Property Casualty Insurers Association of America.  Your Committee received comments on this measure from the Department of Budget and Finance.

 

     Your Committee finds that there is a need for health care facilities in West Oahu, as the shortage of doctors and nurses is hurting all areas of the State.  Paradise Ohana, LLC, is looking to partner with local health care providers in West Oahu and other health care providers to develop the much needed health care facilities for West Oahu.

 

     Your Committee has amended this measure by making technical, nonsubstantive amendments for the purpose of clarity and consistency.

 

     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. 1277, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1277, S.D. 1, and be referred to the Committee on Ways and Means.

 

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

 

 

 

____________________________

JOSH GREEN, Chair