STAND. COM. REP. NO. 2711
Honolulu, Hawaii
RE: S.B. No. 2818
S.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Sir:
Your Committee on Ways and Means, to which was referred S.B. No. 2818 entitled:
"A BILL FOR AN ACT AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS AND MAKING AN APPROPRIATION FOR A REGIONAL BIO-CONTAINMENT LABORATORY FACILITY,"
begs leave to report as follows:
The purpose of this measure is to provide funding for the construction of a level III regional bio-containment laboratory facility for the University of Hawaii.
Specifically, this bill authorizes the issuance of $12,000,000 in general obligation bonds and appropriates the same amount for construction of the bio-containment laboratory facility. The bill further appropriates $500,000 in general revenues for the same purpose, to be expended by the University of Hawaii.
Your Committee finds that the construction of the bio-containment laboratory is critical to the growth of the life sciences industry in Hawaii.
Upon further consideration, your Committee has amended this bill by:
(1) Changing all appropriated amounts to unspecified amounts; and
(2) Making technical amendments for purposes of clarity and consistency, including adding to section 3 of the bill language indicating that the University of Hawaii is the expending agency for the general obligation bonds authorized for issuance and appropriated for use.
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. 2818, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2818, S.D. 1.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
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____________________________ BRIAN T. TANIGUCHI, Chair |
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