STAND. COM. REP. NO. 1243

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  H.B. No. 972
                                        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 Ways and Means, to which was referred H.B.
No. 972, H.D. 1, S.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 bill is to issue special purpose revenue
bonds for Wahiawa-Central Oahu Health Center, Inc.

     Your Committee finds that the population of Central Oahu is
growing and will continue to be the site of population growth in
the foreseeable future.  Wahiawa-Central Oahu Health Center,
Inc., will be constructing a patient-focused facility with an
outpatient diagnostics component, an emergency room, and an
ambulatory surgical unit.  This health care project is an
appropriate recipient of special purpose revenue bonds. 

     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.
972, H.D. 1, S.D. 1, and recommends that it pass Third Reading.


 
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                                   STAND. COM. REP. NO. 1243
                                   Page 2


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



                                 ________________________________
                                 CAROL FUKUNAGA, Co-Chair



                                 ________________________________
                                 ANDREW LEVIN, Co-Chair

 
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