BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair

                                          AB 703 (Gordon)
          
          Hearing Date: 08/15/2011        Amended: 05/24/2011
          Consultant: Mark McKenzie       Policy Vote: G&F 9-0
          _________________________________________________________________
          ____
          BILL SUMMARY: AB 703 would extend the property tax exemption for 
          specified land acquired by nonprofit organizations for natural 
          resource preservation and open-space purposes until 2022.
          _________________________________________________________________
          ____
                            Fiscal Impact (in thousands)

           Major Provisions         2011-12      2012-13       2013-14     Fund
           Property tax exemption up to $2,000           up to $4,000up to 
          $4,000                 General*
          (foregone revenues)
          ____________
          * Revenue loss represents state backfill of property tax that 
          would go to schools if the exemption were allowed to expire 
          (assumes a total statewide property tax impact of up to $10 
          million, and 40% apportionment to schools).
          _________________________________________________________________
          ____

          STAFF COMMENTS: This bill meets the criteria for referral to the 
          Suspense File. 

          Existing law, Article XIII Section 4(b) of the California 
          Constitution, allows the Legislature to grant exemptions from 
          the property tax for property owned by nonprofit organizations 
          for religious, hospital, or charitable purposes.  When the 
          Legislature enacted the "welfare exemption" in 1945 to implement 
          the Constitutional provision, property used for scientific 
          purposes was included in the property tax exemption.  In 1971, 
          special session legislation was enacted to expand the welfare 
          exemption to include land owned by specified nonprofit 
          organizations that is open to the general public and used 
          exclusively for the preservation of native plants or animals, 
          biotic communities, geological or geographical formations of 
          scientific or educational interest, and open space lands used 
          solely for recreation and for the enjoyment of scenic beauty.  
          The original exemption expired in 1982 and has been extended 








          AB 703 (Gordon)
          Page 1


          five times, most recently by SB 198 (Chesbro), Chapter 533 of 
          2001, which extended the operative date of the exemption to 
          January 1, 2012, and the repeal date to January 1, 2013.

          AB 703 would extend the operative date of this property tax 
          exemption for natural resource preservation and open space lands 
          to January 1, 2022, and the repeal date to January 1, 2023.

          The exemption is currently claimed for hundreds of properties in 
          the state.  If the exemption were to expire, these lands would 
          be subject to taxation and the resulting revenues would benefit 
          local entities, including school districts.  The Board of 
          Equalization (BOE) estimates the total current exempt value for 
          these properties does not exceed $1 billion.  At the basic 1% 
          property tax rate, the annual revenue loss associated with 
          extending this exemption would be up to $10 million, 
          approximately 40% of which would otherwise go to schools.  The 
          state General Fund backfills any revenue losses to schools.  
          Notwithstanding the public policy conservation benefits, the 
          revenue loss associated with this exemption grows annually by 
          the Proposition 13 inflation factor and as more lands are 
          preserved as a result of the exemption.  For example, revenue 
          loss estimates associated with the exemption have nearly doubled 
          since the last extension in 2001.

          Staff notes that if the exemption were not renewed, some of the 
          property currently owned by nonprofit organizations may be 
          transferred to the state.  State-owned property is not subject 
          to the property tax, and any land transferred to the state would 
          result in increased land management and administrative costs.