Bill Text: HI HB1813 | 2010 | Regular Session | Amended

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Bill Title: Hawaii Medical Center, Special Purpose Revenue Bonds

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced - Dead) 2010-02-11 - (H) Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting no (0) and none excused (0). [HB1813 Detail]

Download: Hawaii-2010-HB1813-Amended.html

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STAND. COM. REP. NO.  282-10

 

Honolulu, Hawaii

                , 2010

 

RE:   H.B. No. 1813

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Sir:

 

     Your Committee on Health, to which was referred H.B. No. 1813 entitled:

 

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST HAWAII MEDICAL CENTER,"

 

begs leave to report as follows:

 

     The purpose of this bill is to ensure the continued availability of health care services in Ewa area of the Island of Oahu by providing for the authorization of the issuance of special purpose revenue bonds (SPRB) to assist Hawaii Medical Center, LLC (HMC).

 

     HMC supported this bill.

 

     Your Committee has amended this bill by:

 

(1)  Deleting provisions that amended part II of Chapter 39A, Hawaii Revised Statutes, relating to assisting not-for-profit corporations that provide health care facilities to the general public;

 

(2)  Specifying that HMC must obtain not-for-profit status prior to enactment of this bill for the authorization to issue the SPRBs to be effective; and

 

(3)  Making technical, nonsubstantive changes for clarity, consistency, and style.

 

     As affirmed by the record of votes of the members of your Committee on Health that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1813, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1813, H.D. 1, and be referred to the Committee on Finance.

 

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

 

 

		____________________________ RYAN I. YAMANE, Chair