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. 645 entitled:

begs leave to report as follows:

The purpose of this bill is to authorize the issuance of special purpose revenue bonds for the benefit of The Queen's Health Systems.

The Queens Health Systems, Healthcare Association of Hawaii, Laborers' International Union of North America Local 368, AFL-CIO, and Hawaii Building and Construction Trades Council, AFL-CIO, submitted testimony in support of 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. 645 and recommends that it pass Third Reading.