Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committees on Human Services and Health, to which was referred S.B. No. 1872 entitled:

beg leave to report as follows:

The purpose of this measure is to authorize the issuance of special purpose revenue bonds to assist Palolo Chinese Home in financing the capital costs related to the expansion, construction, and rebuilding of its facilities.

Testimony in support of this measure was submitted by Palolo Chinese Home. Comments were provided by the Department of Budget and Finance.

Your Committees find that Palolo Chinese Home serves as a not-for-profit long-term care and residence for frail elders. The home also reaches out to the elderly in their own homes by providing adult day care, meal home delivery, and overnight respite services which allows many to remain in their own home while receiving support services. Palolo Chinese Home has raised seventy per cent of its capital campaign goal. Your Committees believe that Palolo Chinese Home will be able to complete needed construction of its campus as well as its Skilled Nursing and Assisted Living Units with the issuance special purpose revenue bonds.

As affirmed by the records of votes of the members of your Committees on Human Services and Health that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 1872 and recommend that it pass Second Reading and be referred to the Committee on Ways and Means.