BILL ANALYSIS SB 608 Page 1 Date of Hearing: August 19, 2009 ASSEMBLY COMMITTEE ON APPROPRIATIONS Kevin De Leon, Chair SB 608 (Ducheny) - As Introduced: February 27, 2009 Policy Committee: Housing and Community Development Vote: 6-0 Urgency: No State Mandated Local Program: No Reimbursable: SUMMARY This bill requires cumulative information on programs funded under the Housing and Emergency Shelter Trust Fund Acts of 2002 and 2006(Propositions 46 and 1C) be included in the Department of Housing and Community Development's (HCD) annual report. FISCAL EFFECT Minor costs to HCD to modify its database program to retabulate data that it currently reports in other formats. COMMENTS 1)Background . In 2002, California voters approved Proposition 46, the $2.1 billion Housing and Emergency Shelter Trust Fund Act. Proposition 46 provided funding for numerous housing assistance programs. Funds provided under Proposition 46 were largely exhausted by the end of 2006. In November 2006, California voters approved Proposition 1C, the Housing and Emergency Trust Fund Act of 2006. Proposition 1C maintains funding provided for most of the Proposition 46 programs, and establishes funding mechanisms for infrastructure related to housing development. Under existing law, HCD is required to submit an annual report to the governor and Legislature on the operations and accomplishments of various programs it administers. The report is required to contain information on: the number of units assisted by those programs; the number of individuals and households served and their income levels; the distribution of SB 608 Page 2 units among various areas of the state, the amount of other public and private funds leveraged by the programs, and information related to the extent to which targeted programs were able to assist their intended groups. This bill requires that HCD provide cumulative totals for each of the above items as they relate to programs funding by Proposition 46 and Proposition 1C. 2)Rationale . According to the author, this bill is intended to provide more comprehensive information on the programs funded under the 2002 and 2006 housing bonds, thereby improving oversight of those programs. Analysis Prepared by : Brad Williams / APPR. / (916) 319-2081