STAND. COM. REP. NO. 671

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  S.B. No. 836
                                        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 S.B.
No. 836, S.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL
     PURPOSE REVENUE BONDS FOR KUAKINI MEDICAL CENTER,"

begs leave to report as follows:

     The purpose of this measure is to authorize the issuance of
special purpose revenue bonds for Kuakini Medical Center.

     Your Committee believes that the Kuakini Medical Center is
deserving of assistance in financing or refinancing the costs of
construction of, improvements to, and equipment for its health
care facilities.

     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 S.B. No.
836, S.D. 1, and recommends that it pass Third Reading.


 
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                                   STAND. COM. REP. NO. 671
                                   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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