CONFERENCE COMMITTEE REPORT NO.104

                            Honolulu, Hawaii
                                            , 2000

                            RE:   S.B. No. 2873
                                  S.D. 1
                                  H.D. 2
                                  C.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Conference on the disagreeing vote of the
Senate to the amendments proposed by the House of Representatives
in S.B. No. 2873, S.D. 1, H.D. 2, entitled:  

     "A BILL FOR AN ACT RELATING TO HAWAII HEALTH SYSTEMS
     CORPORATION," 

having met, and after full and free discussion, has agreed to
recommend and does recommend to the respective Houses the final
passage of this bill in an amended form.

     The purpose of this measure is to authorize the Hawaii
Health Systems Corporation (HHSC) to issue $38 million in revenue
bonds.

     Act 116, Session Laws of Hawaii 1998, relating to the state
budget, authorized $38 million in revenue bond funds for capital
improvement projects for the HHSC.  The HHSC is required by law
to obtain approval of the legislature to issue revenue bonds.
This measure allows the HHSC to seek bond financing for that
amount.


 
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     Your Committee on Conference has amended this measure by
changing the effective date to upon approval, and substituting
updated figures for certain fiscal years and certain dates on
recommendation of the Department of Budget and Finance. 

     As affirmed by the record of votes of the managers of your
Committee on Conference that is attached to this report, your
Committee on Conference is in accord with the intent and purpose
of S.B. No. 2873, S.D. 1, H.D. 2, as amended herein, and
recommends that it pass Final Reading in the form attached hereto
as S.B. No. 2873, S.D. 1, H.D. 2, C.D. 1.

                                   Respectfully submitted on
                                   behalf of the managers:

  ON THE PART OF THE HOUSE           ON THE PART OF THE SENATE




_____________________________     _______________________________
Rep. ALEX SANTIAGO                Sen. SUZANNE CHUN OAKLAND
Co-Chair                          Co-Chair



_____________________________     _______________________________
Rep. BRIAN Y. YAMANE              Sen. CAROL FUKUNAGA
Co-Chair                          Co-Chair



                                  ______________________________ 
                                  Sen. ANDREW LEVIN
                                  Co-Chair

 
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