BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 207
                                                                  Page  1

          Date of Hearing:   April 16, 2013

                   ASSEMBLY COMMITTEE ON WATER, PARKS AND WILDLIFE
                                Anthony Rendon, Chair
                  AB 207 (Rendon) - As Introduced:  January 30, 2013
           
          SUBJECT  :   Marine Resources and Preservation

           SUMMARY  :   Revises requirements of an existing program governing  
          partial removal of offshore oil structures by modifying the  
          calculation of cost savings which are to be shared with the  
          state, the determination of net environmental benefit, and  
          requirements for indemnification of the state from liability.   
          Specifically,  this bill  :

          1)Revises the calculation of "cost savings" for purposes of the  
            partial oil structure removal program to include consideration  
            of all costs to the applicant of participation in either the  
            partial or full removal program.

          2)Provides that for applications for partial removal submitted  
            on or before January 1, 2022, the costs to the applicant of  
            providing surety bonds or other forms of financial assurances  
            to cover the state's program costs, the costs to the first  
            applicant to cover the state's startup costs, and the costs of  
            providing indemnity agreements to the state, shall be included  
            in the calculation of cost savings.   

          3)Revises the factors to be taken into account in determining  
            "net benefit to the marine environment" to include air quality  
            impacts, and requires the Ocean Protection Council (OPC) to  
            consult with the Air Resources Board (ARB) in determining the  
            criteria for evaluating net environmental benefit.

          4)Extends the time period before which an application for  
            partial removal must be submitted in order to qualify for  
            certain cost sharing apportionments as follows:


          a) applicant must transmit 55% of the total cost savings to the  
            state and other specified
              entities if the application is submitted before January 1,  
            2022;
          b) applicant must transmit 65% if application is submitted after  
            January 1, 2022 but before








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              January 1, 2028; and
          c) applicant must transmit 80% if application is submitted after  
            January 1, 2028. 

          5)Makes other technical changes. 

           EXISTING LAW  :

          1)Authorizes partial removal of a decommissioned offshore oil  
            platform, as an alternative to full removal, if specified  
            conditions are met, including but not limited to, a finding by  
            the OPC that partial removal would result in a net  
            environmental benefit to the marine environment as compared to  
            full removal.

          2)Requires that a portion of the cost savings to the applicant  
            be shared with the state, a marine endowment, and other  
            specified entities, with the share the applicant must transmit  
            ranging from 55% to 80% based on the date of application.  The  
            share of the cost savings the applicant must transmit is 55%  
            for applications submitted prior to January 1, 2017, 65% for  
            applications submitted on or after January 1, 2017 and before  
            January 1, 2023, and 80% for applications submitted after  
            January 1, 2023.  Requires that the state's share be  
            apportioned as follows:  10% to the state General Fund, 2% to  
            the Fish and Game Preservation Fund, 85% to the California  
            Endowment for Marine Preservation, 2% to the Coastal Act  
            Services Fund, and 1% to the board of supervisors of the local  
            county.

          3)Requires an applicant for partial removal of an offshore oil  
            structure, as a condition for approval, to enter into an  
            agreement with the state to indemnify the state and DFG from  
            liability, to the extent permitted by law, for any claims  
            against the state for actions the state undertakes in  
            implementing the program.  Among other things, the program  
            requires DFG to take over title to, and responsibility for,  
            management of the remaining structure.

           FISCAL EFFECT  :  Unknown

           COMMENTS  :  AB 2503 (John A. P�rez), Chapter 687, Statutes of  
          2010, enacted the California Marine Life Legacy Act, authorizing  
          partial removal as an alternative to full removal of  
          decommissioned offshore oil structures if certain conditions are  








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          met.  Conditions include a finding that conversion to an  
          artificial reef would provide a "net benefit" to the marine  
          environment as compared to complete removal of the facility from  
          the marine environment, and requires a portion of the cost  
          savings to the operator to be shared with the state, with a  
          portion being credited to the state General Fund, and a portion  
          to a California Endowment for Marine Preservation.  The amount  
          of the cost savings required to be shared with the state and the  
          Endowment increases over time from 55% if the application is  
          submitted before 2017, to 65% if submitted after 2017 but before  
          2023, and 80% if submitted on or after 2023.  This bill makes  
          revisions to several of the provisions of AB 2503.   
          Specifically, this bill allows certain costs incurred by the  
          applicant to be considered in determining the cost savings if  
          the application is submitted on or before January 1, 2022,  
          allows impacts to air quality to be considered in determining  
          "net benefit" to the marine environment, and extends by five  
          years the time period that companies have to submit applications  
          for partial removal and still retain a larger percentage of the  
          cost savings.

          The author indicates the purpose of this bill is to create  
          incentives for oil companies to decommission their offshore oil  
          platforms.  As a result of high oil prices, the program has yet  
          to see the first decommissioning of an offshore oil platform and  
          its conversion into an artificial reef.  Consequently, the state  
          has not yet received the revenue that would flow into the  
          California Endowment for Marine Preservation from the  
          rigs-to-reef project. 

           Support Arguments  : Supporters emphasize this bill is needed to  
          ensure that all actual costs incurred by applicants are  
          considered in determining the cost savings that are shared with  
          the state and the environmental endowment.  Supporters believe  
          by allowing these costs to be included it will create a greater  
          incentive for owners of oil platforms to submit applications for  
          partial removal and to do so at an earlier date (though the  
          deadline for filing an application is also being extended by  
          this bill).  Supporters also assert that all environmental  
          impacts, including air quality impacts and the carbon footprint  
          of removal, should be considered in determining the net  
          environmental benefit of partial versus full removal.


           Related Legislation  :  This bill is substantially similar to AB  








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          2267(Hall) of last session which passed the Assembly but was  
          held in the Senate Appropriations Committee, except that AB 2267  
          did not include the provisions in this bill extending the  
          deadlines for filing of applications tied to  apportionment of  
          the cost savings. 


           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          California Sportfishing Conservancy
          Coalition of Enhanced Marine Resources

           Opposition 
           
          None on file.
           
          Analysis Prepared by  :    Diane Colborn / W., P. & W. / (916)  
          319-2096