STAND. COM. REP. NO.1007

Honolulu, Hawaii

, 2001

RE: S.B. No. 735

S.D. 1

H.D. 1

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Health, to which was referred S.B. No. 735, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS FOR AN INTERGENERATIONAL CARE CENTER AT EWA VILLAGES,"

begs leave to report as follows:

The purpose of this bill is to increase the total authorized amount of special purpose revenue bonds for EV Community Development Corporation for an intergenerational care center at the Ewa Villages.

Kulama Malama submitted testimony in support of this measure. The Department of Budget and Finance (B&F) supported the intent of this measure but recommended amending the bill so that the bonds authorized can be refunded, at any time economically appropriate, including after the lapse date of the bill.

Your Committee recognizes that the EV Community Development Corporation, a private, nonprofit organization, plans to build a Center for Intergenerational Care (Center) in the Ewa Plains. The Center will provide care to the frail elderly and medically fragile infants and children. The Center is being designed to create a sense of belonging, warmth, and security in a nurturing environment for the individuals it will serve.

An increase in special purpose revenue bond authorization is necessary to fund additional costs for materials, labor, and redesign to accommodate technology-based services.

Your Committee has amended this bill according to B&F recommendations by:

(1) Allowing for the refund of the authorized bonds at any time economically appropriate including after the lapse date of the bill; and

(2) Making technical, nonsubstantive amendments for purposes of clarity and style.

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. 735, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 735, 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,

____________________________

DENNIS A. ARAKAKI, Chair