STAND. COM. REP. NO. 608
RE: H.B. No. 869
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Your Committee on Health, Human Services, & Homelessness, to which was referred H.B. No. 869 entitled:
"A BILL FOR AN ACT RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST LUANA KAI A LIFE PLAN COMMUNITY,"
begs leave to report as follows:
The purpose of this measure is to authorize the issuance of special purpose revenue bonds to assist Luana Kai A Life Plan Community with the planning, design, construction, equipping, and operating of facilities for health-related services.
Your Committee finds that the issuance of Special Purpose Revenue Bonds will assist Luana Kai in the development, design, and construction of a life plan community in Hawaii Kai for seniors sixty-two years of age or older. Your Committee further finds that the proposed community would provide senior housing options to Hawaii Kai, which is an area that is underserved and lacking in sufficient senior housing options.
Your Committee has amended this measure by changing the effective date to July 1, 2060, to encourage further discussion.
As affirmed by the record of votes of the members of your Committee on Health, Human Services, & Homelessness that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 869, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 869, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Health, Human Services, & Homelessness,
RYAN I. YAMANE, Chair