Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1652 entitled:

begs leave to report as follows:

The purpose of this bill is to appropriate funds to the Medicaid Prescription Drug Rebate Special Fund.

ILWU Local 142 and AARP Hawaii submitted testimony in support of this bill. The Department of Human Services submitted comments on this bill.

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 H.B. No. 1652 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.