STAND. COM. REP. NO. 1308-22

Honolulu, Hawaii

, 2022

RE: S.B. No. 3280

S.D. 1

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2022

State of Hawaii

Sir:

Your Committee on Education, to which was referred S.B. No. 3280, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST SAINT JOSEPH SCHOOL,"

begs leave to report as follows:

The purpose of this measure is to authorize the Department of Budget and Finance to issue special purpose revenue bonds to assist Saint Joseph School in planning, designing, constructing, reconstructing, renovating, acquiring, equipping, and improving its educational facilities.

Your Committee received testimony in support of this measure from the Cardinal Legacy Foundation and Saint Joseph High School. Your Committee received comments on this measure from the Department of Budget and Finance.

Your Committee finds that Saint Joseph School is the only parochial school on the island of Hawaii. Your Committee further finds that enrollment at the school has increased and a number of improvements to the campus are underway. However, additional funding is necessary to help construct a multi-purpose gymnasium to replace its existing, outdated facility. This new facility will have an increased seating capacity and be designed for multipurpose use for the school and community events. Your Committee believes that the special purpose revenue bonds authorized by this measure is in the public interest and will help saint joseph school build a stronger learning environment for students and the surrounding county.

Your Committee has amended this measure by changing its effective date to July 1, 2055.

As affirmed by the record of votes of the members of your Committee on Education that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 3280, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 3280, S.D. 1, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Education,

____________________________

JUSTIN H. WOODSON, Chair