STAND. COM. REP. NO. 1123-04
Honolulu, Hawaii
, 2004
RE: S.B. No. 3135
S.D. 1
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2004
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 3135, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST ST. FRANCIS HEALTHCARE SYSTEM OF HAWAII AND ITS AFFILIATES,"
begs leave to report as follows:
The purpose of this bill is to assist St. Francis Healthcare System of Hawaii to finance the construction, improvement, and equipment of health care facilities by authorizing the issuance of special purpose revenue bonds up to $85,000,000.
St. Francis Healthcare System of Hawaii testified in support of this bill.
Your Committee has amended this bill by:
(1) Changing the effective date to July 1, 2010, to promote further discussion; and
(2) Making technical nonsubstantive amendments for clarity, consistency, and style.
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. 3135, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 3135,
S.D. 1, H.D. 1, and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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