STAND. COM. REP. NO.825
Honolulu, Hawaii
, 2003
RE: S.B. No. 582
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. 582 entitled:
"A BILL FOR AN ACT RELATING TO STATE BONDS,"
begs leave to report as follows:
The purpose of this measure is to authorize the issuance of general obligation bonds to finance projects for the executive branch and the judiciary.
Your Committee finds that the total amount of principal and interest, estimated for the general obligation bonds authorized under this measure, and for all bonds authorized and unissued, and calculated for all bonds issued and outstanding, and all guarantees, will not cause the debt limit of the State to be exceeded at the time of issuance.
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. 582 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
____________________________ BRIAN T. TANIGUCHI, Chair |
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