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HOUSE OF REPRESENTATIVES |
H.B. NO. |
341 |
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THIRTY-THIRD LEGISLATURE, 2025 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST HAWAII ISLAND COMMUNITY HEALTH CENTER.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 2. Pursuant to part II, chapter 39A, Hawaii Revised Statutes, the department of budget and finance, with the approval of the governor, is authorized to issue special purpose revenue bonds in a total amount not to exceed $ , in one or more series, for the purpose of assisting West Hawaii Community Health Center, Inc., a Hawaii nonprofit corporation doing business as Hawaii Island Community Health Center, in financing the costs of purchasing or leasing land and designing, constructing, improving, purchasing, and equipping primary care health care facilities on the island of Hawaii, including costs to:
(1) Purchase
or lease of land and design, construct, furnish, and equip, including
information technology equipment and solar panels, for a
forty-five thousand square feet medical, dental, behavioral
health, pharmacy, specialty care campus to serve the
residents of Kailua-Kona;
(2) Design, renovate, furnish, and equip,
including information technology equipment and solar panels, a ten
thousand square feet facility owned by Hawaii Island
Community Health Center in downtown Hilo, transforming the
facility from administrative space to a one-stop
primary health care facility for women's health, pediatric care, and family
medicine;
(3) Purchase
or lease land, and design, construct, furnish, and
equip, including information technology equipment
and solar panels, a new ten thousand square feet primary
health care facility to serve the residents of Pahoa and surrounding
communities in the Puna District;
(4) Design,
renovate, furnish, and equip a three thousand six hundred square feet
building owned by Hawaii Island Community Health Center to house health care
workers working at the Hawaii Island Community Health Center
medical and dental clinic located in Naalehu, located in the
Kau District; and
(5) Other related expansion projects.
The legislature hereby finds and determines that the purchase or lease of land and the design, construction, improvement, purchase, and equipping of primary care health care facilities on the island of Hawaii by Hawaii Island Community Health Center constitute a project as defined in part II, chapter 39A, Hawaii Revised Statutes, and the financing thereof is assistance to a not-for-profit corporations that provide health care facilities to the general public.
SECTION 3. The special purpose revenue bonds and the refunding special purpose revenue bonds issued under this Act shall be issued pursuant to part II, chapter 39A, Hawaii Revised Statutes, relating to the power to issue special purpose revenue bonds to assist not-for-profit corporations that provide health care facilities to the general public.
SECTION 4. The department of budget and finance is authorized, from time to time, including times subsequent to June 30, 2030, to issue special purpose revenue bonds in whatever principal amounts the department shall determine to be necessary to refund the special purpose revenue bonds authorized in section 2 and to refund special purpose revenue bonds authorized in this section, regardless of whether the outstanding special purpose revenue bonds or refunding special purpose revenue bonds have matured or are the subject of redemption or whether the refunding special purpose revenue bonds shall be bonds for the multi-project programs described in section 2. In making this determination, the department shall comply with federal law relating to the exemption from federal income taxation of the interest on bonds of the nature authorized by this section.
SECTION 5. The authorization to issue special purpose revenue bonds under this Act shall lapse on June 30, 2030.
SECTION 6. This Act shall take effect on July 1, 3000.
Report Title:
SPRB; Hawaii Island Community Health Center; West Hawaii Community Health Center, Inc.
Description:
Authorizes the issuance of special purpose revenue bonds to assist Hawaii Island Community Health Center to purchase or lease land on the island of Hawaii and develop primary care health care facilities. Effective 7/1/3000. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.