STAND. COM. REP. NO.1156-02
Honolulu, Hawaii
, 2002
RE: S.B. No. 2052
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 2052, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO SPECIAL PURPOSE REVENUE BONDS,"
begs leave to report as follows:
The purpose of this bill is to:
(1) Repeal the prohibition on the issuance of special purpose revenue bonds to not-for-profit corporations that provide health care facilities to the general public after June 30, 2003; and
(2) Authorize the issuance of special purpose revenue bonds to assist Hawaii Pacific Health and its not-for-profit affiliates in the acquisition or construction of health care facilities.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2052, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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