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 S.B. No. 1088, S.D. 2, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to provide for the long-term care (LTC) needs of the State by, among other things:

The Hawaii State Commission on the Status of Women, Healthcare Association of Hawaii, Kokua Council, Hawaii Alliance for Retired Americans, National Association of Social Workers, Coalition for Affordable Long Term Care, Temporary Board of Trustees for the Long Term Care Financing Act, Faith Action for Community Equity, Policy Advisory Board for Elder Affairs, and two individuals submitted testimony in support of this bill. DOT submitted testimony in support of the intent of this bill. The Chamber of Commerce of Hawaii, Hawaii Medical Association, Hawaii Association of Realtors, National Association of Insurance and Financial Advisors Hawaii, Health Insurance Association of America, Hawaii Bankers Association, and an individual submitted testimony in opposition to this bill. The Department of the Attorney General, Tax Foundation of Hawaii, and an individual submitted comments.

Your Committee has amended this bill by:

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. 1088, S.D. 2, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1088, S.D. 2, H.D. 2.