STAND. COM. REP. NO.383-02
RE: H.B. No. 2848
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Your Committee on Judiciary and Hawaiian Affairs, to which was referred H.B. No. 2848 entitled:
"A BILL FOR AN ACT PROPOSING AMENDMENTS TO ARTICLE VII, SECTION 12, AND ARTICLE X, SECTION 1, OF THE CONSTITUTION OF THE STATE OF HAWAII TO AUTHORIZE THE STATE TO ISSUE SPECIAL PURPOSE REVENUE BONDS AND USE THE PROCEEDS FROM THE BONDS TO ASSIST NOT-FOR-PROFIT PRIVATE ELEMENTARY SCHOOLS, SECONDARY SCHOOLS, COLLEGES, AND UNIVERSITIES,"
begs leave to report as follows:
The purpose of this measure is to propose amendments to the Hawaii state constitution to authorize the State to issue special purpose revenue bonds to assist not-for-profit private schools.
Your Committee received testimony in support of this measure from the Hawaii Association of Independent Schools, the Hawaii Catholic Conference, and the Hawaii Catholic Schools Office of the Roman Catholic Diocese of Honolulu. The Department of Education submitted comments. The State of Hawaii Department of Budget and Finance and the Hawaii State Teachers Association testified in opposition to this measure.
Your Committee finds that favorable economic benefits would accrue to not-for-profit private sectarian and nonsectarian schools if those schools were authorized to use special purpose revenue bond proceeds to finance construction and renovation projects.
Your Committee has amended this measure by making technical, non-substantive amendments for clarity. Specifically, references to "private and sectarian" schools have been modified to refer to "private nonsectarian and sectarian" schools.
As affirmed by the record of votes of the members of your Committee on Judiciary and Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2848, as amended herein, and recommends that it be referred to the Committee on Finance, in the form attached hereto as H.B. No. 2848, H.D. 1.
Respectfully submitted on behalf of the members of the Committee on Judiciary and Hawaiian Affairs,
ERIC G. HAMAKAWA, Chair