STAND. COM. REP. NO.  700

 

Honolulu, Hawaii

                , 2021

 

RE:   H.B. No. 869

      H.D. 1

 

 

 

 

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 869, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST LUANA KAI A LIFE PLAN COMMUNITY,"

 

begs leave to report as follows:

 

     The purpose of this measure is to authorize the issuance of special purpose revenue bonds to assist Luana Kai-A Life Plan Community in the development and operation of a continuing care retirement community to provide health care services to the general public.

 

     Your Committee received testimony in support of this measure from Luana Kai-A Life Plan Community.  Your Committee received comments on this measure from the Department of Budget and Finance.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 869, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair