Bill Text: HI SB1115 | 2012 | Regular Session | Amended


Bill Title: SPRB; Saint Louis School

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2011-12-01 - Carried over to 2012 Regular Session. [SB1115 Detail]

Download: Hawaii-2012-SB1115-Amended.html

 

 

STAND. COM. REP. NO. 694

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1115

       S.D. 2

 

 

 

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 1115, S.D. 1, entitled:

 

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

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to support education by authorizing the issuance of special purpose revenue bonds for Saint Louis School.

 

     Your Committee received written comments in support of this measure from Robert Witt, Executive Director, Hawaii Association of Independent Schools; Daniel S. Gilmore, Vice President, Finance and Facilities, Chaminade University of Honolulu; Anthony R. Guerrero Jr., Chairman-elect of the Board of Trustees, St. Louis School; Hon. Walter S. Kirimitsu, President, Saint Louis School; and one individual.

 

     Your Committee finds that this measure serves the public interest and will help stimulate Hawaii's economy by creating construction projects and jobs.

 

     Your Committee has amended this measure to delete the extraneous word "enterprises" in the phrase "the general public enterprises."

 

     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. 1115, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1115, S.D. 2.

 

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

 

 

 

____________________________

DAVID Y. IGE, Chair

 

 

 

 

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