Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Education and Military Affairs, to which was referred H.B. No. 2713, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of special purpose revenue bonds in an amount not to exceed $6,000,000, to assist Kawaiahao School in financing the planning, construction and improvement of its facilities.

Your Committee received testimony in support of this measure from Kawaiahao School, the Hawaii Association of Independent Schools, and Kawaiahao Church. Comments on this measure were received from the Department of Budget and Finance.

Your Committee finds that Kawaiahao School provides quality educational services for students from all over Oahu, that special purpose revenue bonds do not divert funds from public schools, and that private schools serve everyday families from all walks of life in neighborhoods throughout the State.

As affirmed by the record of votes of the members of your Committee on Education and Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2713, H.D. 1, and recommends that it pass Second Reading and be referred to the Committee on Ways and Means.