Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 325 entitled:

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of special purpose revenue bonds for the renovation and expansion of the Queen's Health Systems.

Your Committee finds that Queen's is one of the largest and most prominent hospital and health care facility in the State. This bill will allow Queen's to:

(1) Upgrade and renovate existing facilities;

(2) Replace old and obsolete facilities;

(4) Implement new and less invasive medical treatment.

This bill will enable the Queen's Health Systems to compete nationally as a health care leader. Constructing new facilities, upgrading existing buildings, and acquiring new technology will strengthen Queen's capability in critical areas of change, such as cardiovascular, trauma, neuroscience, oncology, orthopedic, and behavioral disorders, as well as interventional and diagnostic imaging and minimally invasive surgery.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 325 and recommends that it pass Third Reading.