Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 2170, H.D. 1, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of $20,000,000 in special purpose revenue bonds for construction improvements and expansion for the Rehabilitation Hospital of the Pacific.

Your Committee finds that the Rehabilitation Hospital of the Pacific is the only rehabilitation hospital in Hawaii and provides much needed services to the residents of the State. The hospital needs to finance construction improvements and to expand its in-patient and outpatient service capabilities.

Your Committee further finds that the financing of the project in this measure constitutes assistance to a not-for-profit health care facility that serves the general public and is in the public interest.

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 H.B. No. 2170, H.D. 1, S.D. 1, and recommends that it pass Third Reading.