STAND. COM. REP. NO. 1164

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  H.B. No. 1693
                                        H.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Health and Human Services, to which was
referred H.B. No. 1693, H.D. 1, entitled: 

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

begs leave to report as follows:

     The purpose of this measure is to authorize the issuance of
special purpose revenue bonds for not-for-profit corporations
that provide health care facilities.

     Your Committee received testimony in support of this measure
from Graham-Murata-Russell and one private individual.

     Your Committee finds and declares that it is in the public
interest to encourage development of senior citizen lifecare
retirement communities in the State of Hawaii.  Your Committee
further finds that the Honolulu Neighborhood Housing Services,
Inc., a not-for-profit Hawaii corporation, is engaged in the
development of senior citizen lifecare retirement communities and
thereby serves the public. 

     As affirmed by the record of votes of the members of your
Committee on Health and Human Services that is attached to this
report, your Committee is in accord with the intent and purpose
of H.B. No. 1693, H.D. 1, and recommends that it pass Second
Reading and be referred to the Committee on Ways and Means.


 
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                                   STAND. COM. REP. NO. 1164
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                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Health and Human
                                   Services,



                                   ______________________________
                                   SUZANNE CHUN OAKLAND, Chair

 
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