BILL ANALYSIS AB 1078 Page 1 CONCURRENCE IN SENATE AMENDMENTS AB 1078 (Feuer) As Amended August 20, 2010 2/3 vote. Urgency ----------------------------------------------------------------- |ASSEMBLY: | |(May 14, 2009) |SENATE: |35-0 |(August 24, | | | | | | |2010) | ----------------------------------------------------------------- (vote not relevant) ------------------------------------------------------------------------ |COMMITTEE VOTE: |13-0 |(August 26, 2010) |RECOMMENDATION: | concur | | | | | | | ------------------------------------------------------------------------ Original Committee Reference: E.S. & T.M. SUMMARY : Modifies reporting requirements related to Los Angeles County's Measure R expenditure plan. The Senate amendments : 1)Require Los Angeles County Metropolitan Transportation Authority (Metro) to notify Los Angeles County members of the Legislature one year in advance of any delay in the availability of Measure R funds or project schedules (rather than require one-year notice for any change.) 2)Require Metro also to notify Los Angeles County legislative representatives, in writing, of proposed amendments to the expenditure plan that would accelerate funding for any capital project but do not require the one-year advance notice. 3)Provide that these provisions should be in effect immediately as an urgency statute. EXISTING LAW : 1)Authorizes Metro to impose, upon approval of voters, a half-cent transactions and use tax for up to 30 years to fund specific transportation projects and programs pursuant to an adopted expenditure plan. AB 1078 Page 2 2)Requires Metro to notify members of the Legislature representing the County of Los Angeles when certain amendments are proposed to an adopted expenditure plan, including amendments that affect the availability of Measure R funds or project schedules. AS PASSED BY THE ASSEMBLY , this bill made technical corrections to provisions related to the Toxics Information Clearinghouse. FISCAL EFFECT : Unknown COMMENTS : AB 2321 (Feuer), Chapter 302, Statutes of 2008, provided Metro the authority to place Measure R on the ballot in Los Angeles County. AB 2321 set forth provisions to govern Measure R, including requirements for an expenditure plan, allocation of certain minimum dollar amounts to specific projects, and notification requirements upon specific changes to the expenditure plan and/or project schedules. Metro is sponsoring this bill to facilitate implementation of its "30/10 Initiative," an effort to accelerate completion of Measure R projects. The 30/10 Initiative will use long-term revenue from the Measure R sales tax as collateral for long-term bonds and a federal loan. This will allow Metro to build 12 key mass transit projects in 10 years, rather than in 30 years. According to Metro, accelerating construction of these key Metro projects will result in substantial cost savings. Furthermore, successful implementation of the 30/10 Initiative is expected to deliver immediate benefits like hundreds of thousands of jobs to improve the local economy, reduce greenhouse emissions, and ease traffic congestion. AB 1078 will streamline implementation of the 30/10 Initiative by modifying the legislative notice requirement. Metro will continue to have to notify the Legislature one year in advance if it proposes to delay the funding allocated to any of the projects or if project schedules will be delayed. Analysis Prepared by : Janet Dawson / TRANS. / (916) 319-2093 FN: 0006800