Bill Text: HI SB2383 | 2012 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: The Queen's Health Systems; Special Purpose Revenue Bonds

Spectrum: Moderate Partisan Bill (Democrat 7-1)

Status: (Passed) 2012-07-06 - (S) Act 228, 7/5/2012 (Gov. Msg. No. 1331). [SB2383 Detail]

Download: Hawaii-2012-SB2383-Amended.html

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STAND. COM. REP. NO.  1675-12

 

Honolulu, Hawaii

                , 2012

 

RE:   S.B. No. 2383

      S.D. 1

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred S.B. No. 2383, S.D. 1, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST NOT-FOR-PROFIT CORPORATIONS THAT PROVIDE HEALTH CARE FACILITIES TO THE GENERAL PUBLIC,"

 

begs leave to report as follows:

 

     The purpose of this measure is to support health care services by extending to June 30, 2018, the authorization to issue special purpose revenue bonds to assist The Queen's Health Systems with the renovation and expansion of its health care facilities.

 

     The Queen's Health System testified in support of this measure.  

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2383, S.D. 1, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

		____________________________ MARCUS R. OSHIRO, Chair