CONFERENCE COMMITTEE REP. NO. 74

Honolulu, Hawaii

, 2023

RE: H.B. No. 660

H.D. 1

S.D. 2

C.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sirs:

Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 660, H.D. 1, S.D. 2, entitled:

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

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

The purpose of this measure is to authorize the issuance of special purpose revenue bonds to assist Hawaii Pacific Health and one or more of its nonprofit affiliates in financing the costs of the construction of, improvement to, and equipping of its health care facilities at Straub Medical Center.

Your Committee on Conference has amended this measure by:

(1) Changing the special purpose revenue bond authorization from an unspecified amount to $240,000,000; and

(2) Changing the effective date to July 1, 2023.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 660, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 660, H.D. 1, S.D. 2, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE SENATE

ON THE PART OF THE HOUSE

____________________________ HENRY J.C. AQUINO Chair	____________________________ MARK M. NAKASHIMA Co-Chair
____________________________ GILBERT S.C. KEITH-AGARAN Co-Chair	____________________________ LISA KITAGAWA Co-Chair