Bill Text: HI SB2383 | 2012 | Regular Session | Amended
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
STAND. COM. REP. NO. 2187
Honolulu, Hawaii
RE: S.B. No. 2383
Honorable Shan S. Tsutsui
President of the Senate
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Sir:
Your Committee on Health, to which was referred S.B. No. 2383 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 and intent of this measure is to extend the lapse date of the special purpose revenue bonds authorized to assist The Queen's Health Systems in Act 176, Session Laws of Hawaii 2003, as amended by Act 86, Session Laws of Hawaii 2007.
Your Committee received testimony in support of this measure from the Hawaii Government Employees Association, Healthcare Association of Hawaii, and The Queen's Health Systems. Your Committee received testimony in opposition to this measure from one individual.
Your Committee finds that the extension of the lapse date of the special purpose revenue bonds will allow The Queen's Health Systems to further invest in infrastructure and equipment in order to continue to provide quality health care to the community.
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 S.B. No. 2383 and recommends that it pass Second Reading and be referred to the Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Health,
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____________________________ JOSH GREEN, M.D., Chair |
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