HOUSE OF REPRESENTATIVES
THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2011
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COMMITTEE ON FINANCE |
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Rep. Marcus R. Oshiro, Chair |
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Rep. Marilyn B. Lee, Vice Chair |
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Rep. Pono Chong |
Rep. Chris Lee |
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Rep. Isaac W. Choy |
Rep. Dee Morikawa |
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Rep. Denny Coffman |
Rep. James Kunane Tokioka |
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Rep. Ty Cullen |
Rep. Kyle T. Yamashita |
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Rep. Sharon E. Har |
Rep. Barbara C. Marumoto |
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Rep. Mark J. Hashem |
Rep. Gil Riviere |
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Rep. Linda Ichiyama |
Rep. Gene Ward |
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Rep. Jo Jordan |
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NOTICE OF HEARING
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DATE: |
Tuesday, February 15, 2011 |
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TIME: |
2:00 PM |
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PLACE: |
Conference Room 308 State Capitol 415 South Beretania Street |
A G E N D A #1
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RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST PALOLO CHINESE HOME AND ITS SUBSIDIARIES. Authorizes 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.
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RELATING TO PUBLIC FINANCE. Sets forth the State's allocation of any annual or other limit on the principal amount of bonds that may be issued by issuers within Hawaii, including tax exempt interest, tax credits, interest subsidies or other benefits under the Internal Revenue Code, which is limited by federal law.
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RELATING TO STATE MONEYS. Enhances the State's authority to invest in state bonds.
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RELATING TO GOVERNMENT FACILITIES. Changes the formula for assessments on construction projects managed by the department of accounting and general services to carry out the program of centralized engineering services, including repair and maintenance on government facilities.
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RELATING TO THE EMERGENCY AND BUDGET RESERVE FUND. Increases from 5% to 10% the percentage of moneys from the excess general fund balance to be deposited into the emergency and budget reserve fund as a temporary source of funding for the State during times of emergency, severe economic downturn, and unforeseen reduction in revenues.
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RELATING TO DAM SAFETY. Establishes a dam safety task force to recommend safety actions to be included in the Hawaii dam safety program. Sunsets 6/30/12.
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RELATING TO HEALTH CARE. Makes appropriations to the DHS and the Hawaii health systems corporation for the costs associated with Medicaid programs and comprehensive health care services, respectively.
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RELATING TO STATE FUNDS. Requires temporarily the deposit of surcharge revenues to the emergency medical services special fund from the neurotrauma special fund. Requires the transfer of unexpended and unencumbered moneys in the repealed health care revolving fund to be transferred to the emergency medical services special fund.
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DECISION MAKING TO FOLLOW
Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing with a transmittal cover indicating:
· Testifier's name with position/title and organization;
· The Committee the comments are directed to;
· The date and time of the hearing;
· Measure number; and
· The number of copies the Committee is requesting.
While every effort will be made to copy, organize, and collate all testimony received, materials received on the day of the hearing or improperly identified or directed to the incorrect office, may be distributed to the Committee after the hearing.
Submit testimony in ONE of the following ways:
PAPER: 2 copies to Room 306 in the State Capitol;
FAX: For comments less than 5 pages in length, transmit to 586-6001 (Oahu) or 1-800-535-3859 (for Neighbor Islanders without a computer to submit testimony through e-mail or the Web); or
WEB: For comments less than 4MB in size, transmit from the Web page at http://www.capitol.hawaii.gov/emailtestimony.
Testimony submitted will be placed on the Legislative Web site after the hearing adjourns. This public posting of testimony on the Web site should be considered when including personal information in your testimony.
If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e., sign or foreign language interpreter or wheelchair accessibility), please contact the Committee staff at 586-6200 or email your request for an interpreter to HouseInterpreter@Capitol.hawaii.gov at least 24 hours prior to the hearing for arrangements. Prompt requests submitted help to ensure the availability of qualified individuals and appropriate accommodations.
Selected meetings are broadcast live. Check the current legislative broadcast schedule on the "Capitol TV" Web site at www.capitoltv.org OR call 536-2100.
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________________________________________ Rep. Marcus R. Oshiro Chair |
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