BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 293
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          Date of Hearing:   April 29, 2013

                    ASSEMBLY COMMITTEE ON UTILITIES AND COMMERCE
                               Steven Bradford, Chair
                     AB 293 (Allen) - As Amended:  March 19, 2013
           
          SUBJECT  :   California Clean Energy Jobs Act: implementation

          SUMMARY  :   This bill would require the California Energy  
          Commission (CEC), in consultation with the California Public  
          Utilities Commission (PUC) and other appropriate state agencies,  
          to develop a program to award financial assistance using the  
          funds authorized by Proposition 39 (Prop 39, enacted in 2012).  
          Specifically,  this bill  :  

          a)Directs the CEC to develop a program that competitively  
            provides financial assistance using the funds authorized by  
            Proposition 39.

          b)Directs the CEC to develop the program in consultation with  
            the PUC and other state agencies deemed appropriate by the  
            CEC.

          c)Directs the CEC to provide a report to the Legislature, by  
            July 1, 2016 on the progress of the program, the applicants  
            applying for funding under the program, the exact disbursement  
            of funds and to whom, and recommendations to improve the  
            allocation of moneys in the Job Creation Fund.

           EXISTING LAW  

          1)Establishes the Clean Energy Job Creation Act to create  
            good-paying energy efficiency and clean jobs in California;  
            put California to work repairing and updating schools and  
            public buildings to improve efficiency and make clean energy  
            improvements; promote new private sector job creation through  
            energy efficiency improvements in commercial and residential  
            buildings; achieve maximum job creation and energy benefits;  
            and supplement, complement, and leverage existing energy  
            efficiency and clean energy programs. (Public Resources Code  
            26201)

          2)Allocates up to $550 million to the Job Creation Fund in  
            fiscal years 2013-14, 2014-15, 2015-16, 2016-17, and 2017-18.  
            (Public Resources Code 26205)








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          3)Creates the Clean Energy Job Creation Fund to improve energy  
            efficiency and expand clean energy generation, including all  
            of the following:
             a)   Public schools, Universities, and Colleges: Energy  
               efficiency retrofits and clean energy installations, along  
               with related improvements and repairs that contribute to  
               reduced operating costs and improved health and safety  
               conditions
             b)   Other public buildings and facilities: Financial and  
               technical assistance including revolving loan funds,  
               reduced interest loans, or other financial assistance for  
               cost-effective energy efficiency retrofits and clean energy  
               installations on public facilities.
             c)   Job training and workforce development: Funding to the  
               California Conservation Corps, Certified Community  
               Conservation Corps, YouthBuild, and other existing  
               workforce development programs to train and employ  
               disadvantaged youth, veterans, and others on energy  
               efficiency and clean energy projects.
             d)   Public-private partnerships: Assistance to local  
               governments in establishing and implementing Property  
               Assessed Clean Energy (PACE) programs or similar financial  
               and technical assistance for cost-effective retrofits that  
               include repayment requirements. Funding shall be  
               prioritized to maximize job creation, energy savings, and  
               geographical and economic equity. Where feasible, repayment  
               revenues shall be used to create revolving loan funds or  
               similar ongoing financial assistance programs to continue  
               job creation benefits. (Public Resources Code 26205)

             1)   Establishes criteria for expenditures from the funds:
               a)     Existing state and local government agencies, with  
                 expertise in managing energy projects and programs shall  
                 provide project selection and oversight.
               b)     All projects awarded funds are to be based on  
                 in-state job creation and energy benefits for each  
                 project type.
               c)      All projects must be cost effective and may include  
                 consideration of non-energy benefits, such as health and  
                 safety.
               d)     All project contracts must include project  
                 specifications, costs, and projected energy savings.
               e)     All projects shall be subject to audit.
               f)     Program overhead costs shall not exceed 4 percent of  








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                 total funding.
               g)     Funds can only be appropriated only to agencies with  
                 established expertise in managing energy projects and  
                 programs.
               h)     All programs must be coordinated with the CEC and  
                 the PUC to avoid duplication and maximize leverage of  
                 existing energy efficiency and clean energy efforts.
               i)     Eligible expenditures include costs associated with  
                 technical assistance, and with reducing project costs and  
                 delays, such as development and implementation of  
                 processes that reduce the costs of design, permitting or  
                 financing, or other barriers to project completion and  
                 job creation. (Public Resources Code 26206)

             1)   Creates a Citizens Oversight Board comprised of three  
               members appointed by the Treasurer, three members by the  
               Controller, and three members by the Attorney General. Each  
               appointing office shall appoint one member who have  
               expertise in building construction and design, financial  
               transactions and cost-effectiveness, and expertise in  
               energy efficiency and clean energy. The CEC and PUC each  
               serve as ex office members.

               The duties of the board include:
               a)     An annual review of all expenditures
               b)     And annual independent audit of the fund and a  
                 selection of projects completed
               c)     A publicly available accounting of expenditures
               d)     An annual evaluation of the program to be provided  
                 to the Legislature

               (Public Resources Code 26210)

           FISCAL EFFECT  :   Unknown

           COMMENTS  :   

           1)Author's Statement.  "It is necessary that tax dollars be spent  
            in a responsible manner to address proven needs and on valid  
            projects that will not be fraught with waste and fraud."

            The author opines that "currently there is neither a required  
            justification nor need for spending the funds from this  
            account on proposed projects; and, the funds are currently set  
            to be distributed at the desire of the legislature."








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           2)Governor's Prop 39 Proposal.  In November 2012, California  
            voters approved Prop 39 to close a corporate tax loophole that  
            previously allowed multi-state corporations operating in  
            California to choose between two methods of determining  
            taxable income.  This shift to a single sales factor method is  
            estimated to increase the state's annual corporate tax  
            revenues by as much as $1.1 billion.

            An increase in state corporate tax revenues due to Prop 39,  
            however, can also affect the state's funding obligations under  
            Proposition 98.  Approved by voters in 1988, Prop 98 assures  
            local school districts and community colleges that they would  
            receive at least a minimum level of funding from the state and  
            local governments (roughly equivalent to 40 percent of General  
            Fund revenues).  Because an increase in corporate tax revenues  
            from Prop 39 can increase overall General Fund revenues, the  
            Prop 98 minimum guarantee for public education would increase  
            as well. 

            In his 2013-2014 proposed budget, Governor Brown proposes to  
            count all Prop 39 revenue, including funds allocated to energy  
            projects, toward the Prop 98 calculations, effectively raising  
            the minimum guarantee.  The same budget plan would also apply  
            all revenue towards meeting the minimum guarantee:  Estimated  
            Prop 39 energy project revenue for the next five years, $450  
            million in 2013-2014 and $550 million for each of the next  
            four years, would be distributed to K-12 school districts and  
            community colleges exclusively.  The proposal would allocate  
            funds on a per student basis, which would be equivalent to $65  
            for each K-12 student and $45 for each community college  
            student. 

            The Legislative Analyst's Office (LAO) has raised a number of  
            concerns with Governor Brown's Prop 39 proposal.   
            Specifically, LAO argues that:  1) voter-approved limitations  
            prohibit the use of all Prop 39 funds for Prop 98 purposes; 2)  
            the Governor's proposed treatment of funds, which is based on  
            the accounts the funds are deposited into, is prone to  
            manipulation; and 3) the proposed allocation of funds is  
            inefficient and does not maximize potential benefits.   
            Instead, LAO suggests that Prop 39 revenue required for  
            transfer to the Fund should be excluded from the Prop 98  
            minimum guarantee.  The LAO also suggests designating the CEC  
            as the lead agency for administering Prop 39's energy funds  








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            and directing the CEC to promulgate a competitive grant  
            process for fund distribution.

           3)To be consistent with other similar legislation.  In other  
            related Assembly bills, this Committee has suggested  
            amendments that should also be included in this bill in order  
            to maintain consistency. The following amendments address  
            ensuring that the CEC enacts policies that inhibit waste,  
            fraud and abuse; provides transparency, ensures that  
            incentives available from other entities are used to reduce  
            the level of financial assistance needed; includes the loading  
            order to ensure all cost-effective energy efficiency and  
            demand response measures are implemented prior to funding on  
            site clean generation; and provides that the report will be  
            submitted to the Citizen Oversight Board, rather than the CEC,  
            along with specifying the content of the report.

            26232.  (a)  On or before July 1, 2016, the commission shall  
            submit to the Legislature, pursuant to Section 9795 of the  
            Government Code, a report on the progress of the program  
            developed pursuant to Section 26231, the applicants applying  
            for funding under the program, the exact disbursement of funds  
            and to whom, and recommendations to improve the allocation of  
            moneys in the Job Creation Fund.   The commission shall  
            administer grants, loans, or other financial assistance to  
            eligible institutions for the purpose of eligible projects  
            that create jobs in California by reducing energy demand and  
            consumption at eligible institutions in accordance with this  
            section.
           
            (b)  The commission shall establish criteria, including but not  
            limited to:
            (1) Standard methods for estimating energy benefits, including  
            reasonable assumptions for current and future costs of energy.
            (2) Existing qualifications, licensing and certifications for  
            contractors applicable to the occupations that perform the  
            work.
            (3) Limits for grants or loans for each type of eligible  
            improvement.
                
            (c)  The commission shall maintain a public database of the  
            eligible entities that receive grants, loans, or other  
            financial assistance through this program. The database shall  
            include relevant metrics, to be determined by the commission,  
            for electric, gas, and cost savings of the projects.  








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             (d) Any incentives, available from federal, state, and local  
            government or from public utilities or other sources used by  
            the entity awarded a grant, loan, or financial assistance,  
            shall be used to reduce the amount of the grant awarded.

            (e) Any eligible institution applying to the commission for a  
            grant, loan, or financial assistance to install solely a clean  
            energy technology shall demonstrate to the commission that the  
            institution has implemented all cost-effective energy  
            efficiency and demand response improvements.  

             26233. (a) No sooner than one year but no later than fifteen  
            months after a person or entity receives a grant, loan, or  
            other assistance from the Job Creation Fund, the person or  
            entity shall submit a report to the Citizens Oversight Board  
            created pursuant to Chapter 3 (commencing with Section 26210)  
            of Division 16.3 containing the following information, to the  
            extent applicable:
            (1) The number of jobs created.
            (2) The amount of energy saved.
            (3) The amount of new clean energy generation installed.
            (4) The number of trainees.
            (5) The portion of financial assistance provided that was used  
            for administrative costs.
            (6) The amount of time between awarding of the financial  
            assistance and the completion of the project or training  
            activities.
            (b) For purposes of reporting job creation, the person or  
            entity shall report both the number of direct full-time jobs  
            created and the job-years for each job created.
            (c) The Citizens Oversight Board shall report the information  
            it receives pursuant to subdivision (a) to the Legislature as  
            part of its responsibilities pursuant to subdivision (d) of  
            Section 26210. The board's report shall be submitted annually.  
            The report shall also be posted on a publicly accessible  
            Internet Web site.
           

           4)Related Legislation.  The following bills propose various  
            approaches to distributing Prop 39 energy funds. 

            AB 29 (Williams) appropriates $152 million per year to public  
            higher education clean energy projects from Prop 39 clean  
            energy funds, with 50 percent to be awarded as grants and 50  








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            percent to fund loans.

            AB 39 (Skinner) establishes a program to be administered by  
            the CEC for the distribution of funds allocated by the Clean  
            Energy Jobs Act (Prop 39) to clean energy projects undertaken  
            by public schools

            AB 114 (Salas) establishes the Clean Energy Jobs and Workforce  
            Development Program within the Labor Agency and continuously  
            appropriates an unspecified amount from Prop 39 clean energy  
            funds.

            AB 239 (Hagman) transfers 50 percent of Prop 39 clean energy  
            funds to the Clean Energy School Fund to be expended by the  
            Office of Public School Construction (OPSC) to fund energy  
            efficiency retrofit or clean energy installation projects at  
            public schools, with 60 percent reserved for grants and 40  
            percent for loans.

            SB 39 (De Leon) requires OPSC to distribute Prop 39 clean  
            energy funds to K-12 public schools through competitive grants  
            for energy efficiency upgrade projects, with priority given to  
            "disadvantaged school communities."

            SB 64 (Corbett) requires the CEC to provide financial  
            assistance to K-12 public schools or municipal facilities.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
          
          None on file.

           Opposition 
           
          None on file.
           
          Analysis Prepared by  :    Susan Kateley / U. & C. / (916)  
          319-2083