STAND. COM. REP. NO. 1175

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  H.B. No. 971
                                        H.D. 1
                                        S.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Health and Human Services, to which was
referred H.B. No. 971, H.D. 1, entitled: 

     "A BILL FOR AN ACT AUTHORIZING THE ISSUANCE OF SPECIAL
     PURPOSE REVENUE BONDS FOR NOT-FOR-PROFIT CORPORATIONS THAT
     PROVIDE HEALTH CARE FACILITIES,"

begs leave to report as follows:

     The purpose of this measure is to authorize the issuance of
special purpose revenue bonds for not-for-profit corporations
that provide health care facilities.

     Your Committee received testimony in support of this measure
from the Wahiawa General Hospital, Wahiawa Hospital Association,
Central Oahu Physician Hospital Organization, and three private
individuals.  Informational testimony was submitted by three
private individuals.  The Wahiawa Hospital Association presented
a petition with 487 signatures in support of this measure.

     Your Committee finds that this measure would assist Wahiawa
General Hospital, Inc., a not-for-profit Hawaii corporation,
through the issuance of special purpose revenue bonds in an
amount not exceeding $37,000,000.  The funds would be used for
the retirement of outstanding debt on facilities and equipment,
acquisition or leasing of land for a new facility, acquisition
and installation of new equipment, renovation and repair of
facilities, and plans, design, construction, and operation of a
new health care facility.

 
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                                   STAND. COM. REP. NO. 1175
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     Your Committee has amended this measure by deleting
reference to central Oahu in section 1 and clarifying that the
bonds are for the public health, safety, and welfare of the
State.

     As affirmed by the record of votes of the members of your
Committee on Health and Human Services that is attached to this
report, your Committee is in accord with the intent and purpose
of H.B. No. 971, H.D. 1, as amended herein, and recommends that
it pass Second Reading in the form attached hereto as H.B.
No. 971, H.D. 1, 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 and Human
                                   Services,



                                   ______________________________
                                   SUZANNE CHUN OAKLAND, Chair

 
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