STAND. COM. REP. NO. 1170

Honolulu, Hawaii

, 2023

RE: H.B. No. 258

H.D. 2

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 258, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ACQUISITION OF THE SAINT FRANCIS SCHOOL CAMPUS FOR THE UNIVERSITY OF HAWAII AT MANOA,"

begs leave to report as follows:

The purpose of this measure is to appropriate funds to the University of Hawaii for the acquisition of the Saint Francis School campus located at 2707 Pamoa Road in Honolulu.

Your Committee received testimony in support of this measure from the University of Hawai‘i System.

Your Committee has amended this measure by:

(1) Authorizing the Board of Regents of the University of Hawaii to issue revenue bonds for the acquisition of the Saint Francis School campus located at 2707 Pamoa Road in Honolulu; and

(2) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

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 H.B. No. 258, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 258, H.D. 2.

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

____________________________

KYLE T. YAMASHITA, Chair