STAND.
COM. REP. NO. 595
Honolulu, Hawaii
, 2023
RE: H.B. No. 461
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-Second State Legislature
Regular Session of 2023
State of Hawaii
Sir:
Your Committee on Human Services, to which was referred H.B. No. 461 entitled:
"A BILL FOR AN ACT RELATING TO ACT 86, SESSION LAWS OF HAWAII 2021,"
begs leave to report as follows:
The purpose of this measure is to repeal Act 86, Session Laws of Hawaii 2021, which authorized the issuance of special purpose revenue bonds to support Luana Kai A Life Plan Community.
Your Committee finds
that Act 86, Session Laws of Hawaii 2021, authorized the issuance of special
purpose revenue bonds to support Luana Kai A Life Plan Community, a Hawaii
nonprofit corporation, in the development of a senior living project in Hawaii
Kai, Oahu. However, your Committee finds
that the plan's sponsors announced that the project will not be moving forward,
and the issuance of special purpose revenue bonds is no longer required.
Your Committee notes
that although development of the proposed senior living has been halted, there
is still an ongoing need to provide affordable living facilities for the State's
seniors.
Your
Committee has amended this measure by changing the effective date to July 30,
3000, to encourage further discussion.
As affirmed by the record of votes of the members of your Committee on Human Services that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 461, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 461, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Human Services,
|
|
|
____________________________ JOHN M. MIZUNO, Chair |
|
|
|
|