STAND. COM. REP. NO. 2584

Honolulu, Hawaii

RE:    S.B. No. 2472

       S.D. 2

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

Madam:

     Your Committee on Ways and Means, to which was referred S.B. No. 2472, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO EDUCATION,"

begs leave to report as follows:

     The purpose of this measure is to authorize the issuance of special purpose revenue bonds for Mohala Pua School.

     Your Committee received testimony in support of the measure from Honolulu Waldorf Schools and the Hawaii Association of Independent Schools.

     Your Committee finds that this measure will support the educational needs of Mohala Pua School (d.b.a. Waldorf School) by allowing the school to upgrade and renovate its current facilities, including rooms for music, art, and learning support.  The special purpose revenue bonds authorized by this bill will also assist the school in constructing a new building for students in grades nine through twelve.

Your Committee has amended the measure by making technical amendments that have no substantive effect.

     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. 2472, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2472, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

ROSALYN H. BAKER, Chair