STAND. COM. REP. NO. 1203

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: S.B. No. 1609
                                     S.D. 1
                                     H.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Health, to which was referred S.B. No.
1609, 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 authorize the issuance of
special purpose revenue bonds for Wahiawa Central-Oahu Health
Center, Inc., or its affiliate.

     The Wahiawa Hospital Association, the Central Oahu Physician
Hospital Organization, and the Chairperson of the Board of
Directors of Wahiawa General Hospital submitted testimony in
support of this measure.

     Your Committee has amended this measure by:

     (1)  Deleting references to central Oahu;

     (2)  Changing the amount of the bond issuance from
          $13,100,000 to $40,000,000; and

     (3)  Changing the lapsing date of the bond issuance
          authorization from June 30, 2001, to June 30, 2003.


 
 
 
                                 STAND. COM. REP. NO. 1203
                                 Page 2

 
     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.
1609, S.D. 1, as amended herein, and recommends that it pass
Second Reading in the form attached hereto as S.B. No. 1609, S.D.
1, H.D. 1, and be referred to the Committee on Finance.

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



                                   ______________________________
                                   ALEXANDER C. SANTIAGO, Chair