Hawaii 2023 Regular Session

Hawaii House Bill HB1255

Introduced
1/25/23  
Refer
1/30/23  
Report Pass
2/14/23  
Refer
2/14/23  
Report Pass
3/3/23  
Engrossed
3/3/23  
Refer
3/9/23  
Report Pass
3/23/23  
Refer
3/23/23  
Report Pass
4/4/23  
Report Pass
4/28/23  
Report Pass
4/28/23  
Enrolled
5/4/23  
Chaptered
6/13/23  

Caption

Relating To Special Purpose Revenue Bonds.

Impact

The bill authorizes the issuance of up to $20 million in special purpose revenue bonds, which will be utilized to fund the design and construction efforts for the hospital. Importantly, it requires the County of Maui to act as a guarantor for the debt service on these bonds, ensuring the financial support for this health facility. This initiative not only aims to enhance community health infrastructure but also intends to support local economic growth by responding to the needs of new housing developments and rising visitor numbers that strain existing services.

Summary

House Bill 1255, introduced to the Legislature of Hawaii, seeks to address the pressing healthcare needs of the West Maui community by facilitating the construction of a new hospital through the issuance of special purpose revenue bonds. The bill recognizes the existing limitations in the region's healthcare access, emphasizing that the current hospital and ambulance services are inadequate for the growing population and geographical challenges. The proposed West Maui Hospital and Medical Center is deemed essential for providing emergency medical services and long-term care options to an increasingly populated area that is geographically isolated from other healthcare facilities.

Sentiment

The sentiment around HB 1255 appears to be largely supportive among community members and lawmakers who recognize the urgent healthcare requirements in West Maui. However, there might be concerns about the financial implications and the execution of the bill's provisions, particularly regarding the county's role as a guarantor. Overall, it is viewed as a proactive step toward mitigating healthcare access issues, aligning with broader public health objectives.

Contention

Some points of contention may arise regarding the potential financial risks associated with the bond issuance, especially in terms of the county's ability to guarantee the debt service without compromising other municipal financial commitments. Additionally, the timeline for the project's implementation might be scrutinized, as the bill designates a lapse for bond authorization by June 30, 2028. This raises questions about the adequacy of the proposed measures to ensure timely completion of the medical facility before the noted deadline.

Companion Bills

HI SB1476

Same As Relating To Special Purpose Revenue Bonds.

Previously Filed As

HI SB1476

Relating To Special Purpose Revenue Bonds.

HI HB1690

Relating To Special Purpose Revenue Bonds For Electric Public Utilities.

HI SB3015

Relating To Special Purpose Revenue Bonds For Electric Public Utilities.

HI HB1455

Relating To The Issuance Of Special Purpose Revenue Bonds To Assist Mauigrown Coffee, Inc.

HI SB1223

Relating To The Issuance Of Special Purpose Revenue Bonds To Assist Mauigrown Coffee, Inc.

HI SB601

Relating To The Issuance Of Special Purpose Revenue Bonds For Not-for-profit Corporations That Provide Health Care Facilities To The General Public.

HI HB943

Relating To The Issuance Of Special Purpose Revenue Bonds To Honokaa Land Company, Llc.

HI SB1456

Relating To The Issuance Of Special Purpose Revenue Bonds To Honokaa Land Company, Llc.

HI HB691

Relating To The Issuance Of Special Purpose Revenue Bonds To Assist Kohala Mountain Fish Company, Llc.

HI SB1457

Relating To The Issuance Of Special Purpose Revenue Bonds To Assist Kohala Mountain Fish Company, Llc.

Similar Bills

WY HB0117

Omnibus water bill-construction.

UT HB0191

Revenue Bond and Capital Facilities Amendments

WY SF0075

Omnibus water bill-construction.

WY SF0080

Omnibus water bill-construction.

HI SB2824

Relating To The County Of Maui.

WY HB0093

Omnibus water bill-construction.

NJ S4591

Requires electric public utilities to apply to BPU for certificate of public convenience and necessity prior to undertaking transmission project.

NJ A5465

Requires electric public utilities to apply to BPU for certificate of public convenience and necessity prior to undertaking transmission project.