BILL ANALYSIS                                                                                                                                                                                                    �




                     SENATE GOVERNANCE & FINANCE COMMITTEE
                            Senator Lois Wolk, Chair
          

          BILL NO:  AB 1080                     HEARING:  6/19/13
          AUTHOR:  Alejo                        FISCAL:  Yes
          VERSION:  5/20/13                     TAX LEVY:  No
          CONSULTANT:  Weinberger               

              COMMUNITY REVITALIZATION AND INVESTMENT AUTHORITIES
          

          Allows local governments to form Community Revitalization  
          and Investment Authorities to administer economic  
          development and affordable housing programs.


                           Background and Existing Law  

          Until 2011, the Community Redevelopment Law allowed local  
          officials to set up redevelopment agencies (RDAs), prepare  
          and adopt redevelopment plans, and finance redevelopment  
          activities.

          A redevelopment agency kept the property tax increment  
          revenues generated from increases in property values within  
          a redevelopment project area.  As a re-development project  
          area's assessed valuation grew above its base-year value,  
          the resulting property tax revenues - the property tax  
          increment - went to the RDA instead of going to the  
          underlying local governments.  When a redevelopment agency  
          diverted property tax revenues from a school district, the  
          State General Fund paid the difference.

          Citing a significant State General Fund deficit, Governor  
          Brown's 2011-12 budget proposed eliminating RDAs and  
          returning billions of dollars of property tax revenues to  
          schools, cities, and counties to fund core services.  Among  
          the statutory changes that the Legislature adopted to  
          implement the 2011-12 budget, AB X1 26 (Blumenfield, 2011)  
          dissolved all RDAs.  The California Supreme Court's 2011  
          ruling in California Redevelopment Association v.  
          Matosantos upheld AB X1 26, but invalidated AB X1 27  
          (Blumenfield, 2011), which would have allowed most RDAs to  
          avoid dissolution.

          RDAs' dissolution deprived many local governments of the  
          primary tool they used to eliminate physical and economic  




          AB 1080 -- 5/20/13 -- Page 2



          blight, finance new construction, improve public  
          infrastructure, rehabilitate existing buildings, and  
          increase the sup-ply of affordable housing.  Legislators,  
          local government officials, affordable housing advocates,  
          and others want to develop alternative tools to promote  
          local economic development.


                                   Proposed Law  

          Assembly Bill 1080 allows local government officials to  
          establish a Community Revitalization and Investment  
          Authority (Authority) and use property tax increment  
          revenues to finance the implementation of a community  
          revitalization plan within a community revitalization and  
          investment area.  AB 1080 specifies:
            I.     The process for creating an Authority.
            II.    Criteria for establishing a community  
                 revitalization and investment area.
            III.   Powers and duties that apply to an Authority.
            IV.    The process for adopting a community  
                 revitalization and investment plan.
            V.     How tax increment revenues are allocated to, and  
                 used by, an Authority.
            VI.    Reporting and accountability requirements.

          I.   Formation process  .  Assembly Bill 1080 allows local  
          governments to form an authority in two ways:
                 A city, county, or city and county can adopt a  
               resolution creating an authority.  The city, county,  
               or city and county's legislative body must appoint the  
               Authority's governing board, which must include three  
               members of the legislative body and two public  
               members.  The two public members must be appointed  
               subject to specified statutory requirements and must  
               live or work within the community revitalization and  
               investment area. 
                 A city, county, city and county, and special  
               district, as special district is defined in state law,  
               in any combination, may create an authority by  
               entering into a joint powers agreement pursuant to the  
               Joint Exercise of Powers Act.  The Authority's  
               governing body must be comprised of a majority of  
               members from the legislative bodies of the public  
               agencies that created the authority and a minimum of  
               two public members.  The two public members must be  





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               appointed by a majority of the Authority's board,  
               subject to specified statutory requirements, and must  
               live or work within the community revitalization and  
               investment area. 

          Assembly Bill 1080 prohibits school entities from  
          participating in a community revitalization and investment  
          authority.

          II.   Community revitalization and investment areas  .  Before  
          redevelopment officials could wield their extraordinary  
          powers of property tax increment funding and property  
          management (including eminent domain), the Community  
          Redevelopment Law required them to determine if an area was  
          blighted.  Assembly Bill 1080 deems specified conditions  
          within a community revitalization and investment area to  
          constitute blight within the meaning of the Community  
          Redevelopment Law.  The bill allows an Authority to rely on  
          a legislative determination of blight and frees an  
          Authority from having to make a separate finding of blight  
          or conduct a survey of blight within a community  
          revitalization and investment area.

          Assembly Bill 1080 allows an Authority to carry out a  
          community revitalization plan within a community  
          revitalization and investment area.  The bill requires that  
          at least 80% of the land calculated by census tracts within  
          the area must be characterized by both of the following  
          conditions:
                 An annual median household income that is less than  
               80% of the statewide annual median income.
                 Three of the following four conditions:
                  o         Unemployment that is at least 3% higher  
                    than statewide median unemployment rate.
                  o         Crime rates that are 5% higher than the  
                    statewide median crime rate.
                  o         Deteriorated or inadequate infrastructure  
                    such as streets, sidewalks, water supply, sewer  
                    treatment or processing, and parks.
                  o         Deteriorated commercial or residential  
                    structures.

          Assembly Bill 1080 also allows an Authority to carry out a  
          community revitalization plan within a community  
          revitalization and investment area established within a  
          former military base that is principally characterized by  





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          deteriorated or inadequate infrastructure and structures.   
          The governing board of an Authority established within a  
          former military base must include a member of the military  
          base closure commission as a public member.

          III.   Powers and duties  .  Assembly Bill 1080 directs that  
          an Authority has the following powers and duties:
                 Provide funding to rehabilitate, repair, upgrade,  
               or construct infrastructure.
                 Provide funding for low- and moderate-income  
               housing.
                 Remedy or remove a release of hazardous substances  
               pursuant to the Polanco Redevelopment Act.
                 Provide for seismic retrofits of existing buildings  
               pursuant to a specified section of the Community  
               Redevelopment Law.
                 Acquire and transfer real property in accordance  
               with specified provisions of the Community  
               Redevelopment Law.  The bill requires an Authority to  
               retain controls and establish restrictions or  
               covenants running with the land sold or leased for  
               private use for such periods of time and under such  
               conditions as are provided in the community  
               revitalization and investment plan.  The bill declares  
               the establishment of such controls to be a public  
               purpose.
                 Issue bonds pursuant to specified provisions of the  
               Community Redevelopment Law.
                 Borrow money, receive grants, or accept financial  
               or other assistance or investment from the state or  
               the federal government or any other public agency or  
               private lending institution for any project within its  
               area of operation, and comply with any conditions of  
               the loan or grant.  The bill specifies that an  
               Authority may qualify for funding as a disadvantaged  
               community as determined by the California  
               Environmental Protection Agency pursuant to state law.  
                An Authority may also enter into an agreement with a  
               qualified community development entity to coordinate  
               investments of funds derived from the New Markets Tax  
               Credit with those of the authority, under specified  
               conditions.
                 Adopt a community revitalization plan.
                 Make loans or grants for owners or tenants to  
               improve, rehabilitate, or retrofit buildings or  
               structures within the plan area.





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                 With specified exceptions, provide direct  
               assistance to businesses within the plan area in  
               connection with new or existing facilities for  
               industrial or manufacturing uses.

          Assembly Bill 1080 allows the legislative body or bodies  
          that created the Authority to appropriate the amounts the  
          legislative body or bodies deem necessary for the  
          Authority's administrative expenses and overhead.  The  
          money appropriated can be paid as a grant to defray the  
          expenses and overhead, or as a loan to be repaid upon terms  
          and conditions determined by the legislative body.  If  
          appropriated as a loan, the property owners within the plan  
          area must be made third-party beneficiaries of the  
          repayment of the loan.   The bill specifies that, in  
          addition to the common understanding and usual  
          interpretation of the term, "administrative expense"  
          includes expenses of planning and dissemination of  
          information.

          Assembly Bill 1080 deems an Authority to be a local public  
          agency subject to the Ralph M. Brown Act, the Public  
          Records Act, and the Political Reform Act.

          IV.   Community revitalization and investment plans  .   
          Assembly Bill 1080 requires an Authority to adopt a  
          community revitalization and investment plan that may  
          include a provision for the receipt of tax increment funds  
          generated within the area according to the Community  
          Redevelopment Law, provided the plan includes:
                 A statement of the plan's principal goals and  
               objectives.
                 A description of the deteriorated or inadequate  
               infrastructure within the area and a program for  
               construction of adequate infrastructure or repair or  
               upgrading of existing infrastructure.
                 A program to remedy or remove a release of  
               hazardous substances, if applicable.
                 A program to provide funding for or otherwise  
               facilitate the economic revitalization of the area.
                 A fiscal analysis setting forth the projected  
               receipt of revenue and projected expenses over a  
               five-year planning horizon. 
                 The time limits, specified in the Community  
               Redevelopment Law, designating the maximum length of  
               time an Authority can establish debt, act pursuant to  





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               a plan, repay debt, and commence eminent domain  
               proceedings.
                 A program that complies with the Community  
               Redevelopment Law's requirement that a specified  
               percentage of tax increment revenues must be used to  
               increase, improve, and preserve the community's supply  
               of low- and moderate-income housing.  The bill  
               requires an Authority that includes a provision for  
               the receipt of tax increment revenues in its plan to  
               dedicate at least 25 percent of allocated tax  
               increment revenues for affordable housing purposes and  
               specifies other requirements that apply to an  
               Authority's use of funds for affordable housing.

          Assembly Bill 1080 requires an Authority to consider  
          adoption of the plan at two public hearings that must take  
          place at least 30 days apart. At the first public hearing,  
          the Authority must hear all written and oral comments but  
          take no action.  At the second public hearing, the  
          Authority must consider all written and oral comments and  
          take action to modify, adopt, or reject the plan.  The  
          draft plan must be made available to the public and to each  
          property owner within the area at a meeting held at least  
          30 days prior to the notice given for the first public  
          hearing.  The purposes of the meeting must be to allow the  
          staff of the authority to present the draft plan, answer  
          questions about the plan, and consider comments about the  
          plan.  

          Assembly Bill 1080 specifies the manner in which the  
          Authority must provide public notice of the two public  
          hearings.  The bill allows the Authority to adopt the plan  
          at the conclusion of the second public hearing by  
          ordinance, which must be subject to referendum as  
          prescribed by law for the ordinances of the local  
          jurisdiction that created the Authority.

          V.   Tax increment financing  .   The California Constitution  
          and the Community Redevelopment Law allow local officials  
          to use property tax increment revenues to repay bonds,  
          debts, and loans needed to finance a redevelopment project.  
           Assembly Bill 1080 deems a community revitalization and  
          investment authority to be an "agency" as defined in the  
          Community Redevelopment Law for purposes of receiving tax  
          increment revenues pursuant to Article XVI of Section 16 of  
          the California Constitution.  





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          Assembly Bill 1080 specifies that a "redevelopment plan"  
          referred to in the Community Redevelopment law is  
          equivalent to the community revitalization and investment  
          plan adopted pursuant to the bill's provisions.  The bill  
          allows a community revitalization and investment plan to  
          include a provision for the receipt of tax increment funds.  
           

          Assembly Bill 1080 allows any city, county, or special  
          district that receives ad valorem property taxes from  
          property located within an area to adopt a resolution  
          directing the county auditor-controller to allocate its  
          share of tax increment funds within the area covered by the  
          plan to the authority.  The resolution may direct the  
          county auditor-controller to allocate less than the full  
          amount of the tax increment, establish a maximum amount of  
          time in years that the allocation takes place, or limit the  
          use of the funds by the authority for specific purposes or  
          programs. A resolution may be repealed by giving the county  
          auditor-controller 60 days' notice; provided, however, that  
          the county auditor-controller must continue to allocate to  
          the Authority the taxing entity's share of ad valorem  
          property taxes that have been pledged to the repayment of  
          debt issued by the Authority until the debt has been fully  
          repaid.  

          Assembly Bill 1080 requires that a provision for the  
          receipt of tax increment funds must become effective in the  
          tax year that begins after the December 1 first following  
          the adoption of the plan.

          Assembly Bill 1080 specifies the manner in which a county  
          auditor-controller must allocate tax revenue to an  
          Authority upon adoption of a plan that includes a provision  
          for the receipt of tax increment funds.

          Assembly Bill 1080 requires that an Authority's plan for an  
          area that includes land formerly or currently designated as  
          part of a redevelopment area must subordinate tax increment  
          amounts received by the Authority to any preexisting  
          enforceable obligation, as defined in statute.

          VI.   Reporting and Accountability  .  Assembly Bill 1080  
          requires an Authority to review a community revitalization  
          and investment plan at least annually and make any  





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          modifications that are necessary and appropriate in  
          accordance with specified statutory provisions. An  
          Authority must require the preparation of an annual  
          independent financial audit paid for from its revenues.

          Assembly Bill 1080 requires an Authority, after holding a  
          public hearing, to adopt an annual report on or before June  
          30 of each year. Written copies of the draft report must be  
          made available to the public 30 days prior to the public  
          hearing. The clerk of the legislative body must post the  
          draft report in an easily identifiable and accessible  
          location on the Authority's Internet Web site and must mail  
          a written notice of the availability of the draft report on  
          the Web site to each owner of land within the area covered  
          by the plan and to each taxing entity that has adopted a  
          resolution allocating tax increment funds to the Authority.  
           Assembly Bill 1080 requires the annual report to contain  
          specified information and prohibits an Authority from  
          spending specified tax increment revenues if it fails to  
          provide the annual report.

          Assembly Bill 1080 requires that an Authority must, every  
          10 years, conduct a protest proceeding at a public hearing  
          to consider whether the property owners within the plan  
          area wish to present oral or written protests against the  
          Authority.  Notice of the protest proceeding must be  
          included in the written notice of the hearing on the annual  
          report and must inform the property owner of his or her  
          right to submit an oral or written protest before the close  
          of the public hearing. The authority must consider all  
          written and oral protests received prior to the close of  
          the public hearing.  The bill specifies that a majority  
          protest exists if protests have been filed representing  
          over 50 percent of the assessed value in the area.

          If there is a majority protest, Assembly Bill 1080 requires  
          the Authority to call an election of the property owners in  
          the area covered by the plan, and prohibits the Authority  
          from initiating or authorizing any new projects until the  
          election is held.  The election must be held within 90 days  
          of the public hearing and may be held by mail-in ballot.   
          If a majority of the property owners, weighted proportional  
          to the assessed value of their property, vote against the  
          Authority, then the Authority must not take any further  
          action to implement the plan on and after the effective  
          date of the election.  This prohibition does not prevent  





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          the Authority from taking any and all actions and  
          appropriating and expending funds, including any and all  
          payments on bonded or contractual indebtedness, to carry  
          out and complete projects for which expenditures of any  
          kind had been made prior to the effective date of the  
          election.


                               State Revenue Impact
           
          No estimate.


                                     Comments  

          1.   Purpose of the bill  .  Eliminating redevelopment  
          agencies did not eliminate the need for California  
          communities to build more affordable housing, eliminate  
          blight, foster business activity, clean up contaminated  
          brownfields, and create jobs.  AB 1080 establishes a new  
          approach to local economic development and housing policy  
          that is focused on the state's disadvantaged communities.   
          AB 1080 fosters collaboration between cities and counties  
          on local economic development efforts and mitigates the  
          zero-sum competition for scarce property tax revenues among  
          cities, counties, and school districts.  To ensure public  
          accountability, the bill requires a community  
          revitalization and investment authority to conduct an  
          annual review and reporting process and periodically allows  
          local residents to prohibit an Authority from taking  
          further actions.  While it is unrealistic to expect that a  
          single economic development tool will work in all  
          California cities, AB 1080 is a viable option for bringing  
          vital investments to communities that most need employment  
          opportunities, crime reduction, upgraded infrastructure,  
          brownfields remediation, and affordable housing.
            
          2.   First things first  .  Last year, Governor Brown vetoed  
          several bills creating new financing tools for local  
          economic development.  The Governor's veto messages  
          expressed his desire to wait until after the winding down  
          of redevelopment is complete and State General Fund savings  
          are achieved before implementing new financing programs.   
          In response, AB 1080 should ensure that local officials  
          complete significant elements of the redevelopment  
          dissolution process before embarking on new projects  





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          through a community revitalization and investment  
          authority.  Specifically:
                 If a former redevelopment agency's successor agency  
               complies with state laws that require it to remit  
               specified RDA property tax allocations and cash assets  
               for distribution to taxing entities, it receives a  
               "finding of completion" from the Department of Finance  
               (AB 1484, Assembly Budget Committee, 2012).  More than  
               200 successor agencies have received a finding of  
               completion.  The Committee may wish to consider  
               amending AB 1080 to require any city or county that is  
               a successor agency to obtain a finding of completion  
               before forming a community revitalization and  
               investment authority.
                 A successor agency that receives a finding of  
               completion can retain a former RDA's real property  
               assets in a trust and use those assets subject to  
               provisions of a long-range property management plan  
               approved by the Department of Finance.  The Committee  
               may wish to consider amending AB 1080 to clarify that  
               the property management powers that the bill grants to  
               a community revitalization and investment authority do  
               not exempt a successor agency from complying with  
               statutes governing the use and disposition of former  
               RDA real property assets.

          3.   Change is inevitable  .  When R&B legend Sam Cooke wrote  
          "A Change is Gonna Come," he wasn't thinking about local  
          economic development priorities.  Nevertheless, changes in  
          local economic and land use conditions will inevitably  
          require local officials to modify community revitalization  
          and investment plans.  AB 1080 does not specify the manner  
          in which local officials must adopt plan amendments.  The  
          Committee may wish to consider amending AB 1080 to specify  
          that a community revitalization and investment plan can be  
          amended through the same public notice and hearing process  
          that the bill requires for the formation of an Authority.
                                                   
          4.   Pick a number  .  Above-average unemployment and crime  
          rates are two criteria that AB 1080 establishes for the  
          formation of a community revitalization and investment  
          area.  However, the bill doesn't specify the data sources  
          that local officials must use to measure unemployment or  
          crime and doesn't require that the data reflect  
          measurements taken over a specific period of time.  The  
          Committee may wish to consider amending AB 1080 to specify  





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          what data sources must be used and what time period must be  
          measured to determine whether a potential community  
          revitalization and investment area meets the bill's  
          unemployment and crime rate criteria.
           
          5.   Alternative, not additive  .  AB 1080 allows a city or  
          county to establish a community revitalization and  
          investment area within a former military base that is  
          principally characterized by deteriorated or inadequate  
          infrastructure and structures.  Some local officials have  
          questioned whether an area within a former base must also  
          meet the bill's general criteria for forming a community  
          revitalization and investment area, like low household  
          income, high unemployment and crime, and deteriorated  
          infrastructure or buildings.  The Committee may wish to  
          consider amending AB 1080 to clarify that the criteria for  
          forming a community revitalization and investment area  
          within a former military base are an alternative, not an  
          addition, to the general criteria for forming an area.

          6.   Let's get technical .  The Committee may wish to  
          consider amending AB 1080 to make these additional  
          corrections, clarifications, and non-substantive changes:
                 Correct an erroneous cross-reference on page 3,  
               line 36, by striking out "(2)" and inserting "(1)".
                 Eliminate an unnecessary requirement that a clerk  
               must post an annual report by striking out, on page 9,  
               lines 36 and 37, "The clerk of the legislative body  
               shall post the draft report" and inserting "The  
               authority shall cause the draft report to be posted"
                 Correct an erroneous cross-reference on page 10,  
               line 20, by striking out "(a)" and inserting "(b)".
                 Clarify the bill's references to election dates, by  
               striking out the word "effective" on page 10, line 32,  
               and page 11, lines 7 and 12.
                 Add coauthors.

          7.   Legislative history  .  AB 1080 is similar to SB 1156  
          (Steinberg, 2012), which the Governor vetoed, and SB 1  
          (Steinberg, 2013), which the Senate Governance & Finance  
          Committee passed on a 4-2 vote and is now awaiting a  
          hearing in the Assembly.

          8.   Double referral  .  The Senate Rules Committee has  
          ordered a double-referral of AB 1080, first to the Senate  
          Governance & Finance Committee which has policy  





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          jurisdiction over the statutes governing local governments'  
          finances, and then to the Senate Transportation & Housing  
          Committee, which has jurisdiction over the bill's  
          housing-related provisions.  

          9.   Related bills  .  The Senate Governance & Finance  
          Committee has heard several other bills that seek to  
          provide local governments with alternative financing  
          mechanisms to replace redevelopment: 
                 SB 33 (Wolk) expands local officials' authority to  
               create Infrastructure Financing Districts (IFDs).
                 SB 628 (Beall) removes the voter-approval  
               requirements to create IFDs and issue bonds for  
               transit priority projects.   
                 AB 229 (J. P�rez) allows local government to create  
               Infrastructure and Revitalization Financing Districts.
                 AB 243 (Dickinson) allows local governments to  
               create Infrastructure and Revitalization Financing  
               Districts.
                 AB 294 (Holden) authorizes IFDs to use the county's  
               Educational Revenue Augmentation Fund portion of tax  
               increment revenues. 
                 AB 662 (Atkins) repeals the prohibition against  
               forming an IFD within a former redevelopment area.


                                 Assembly Actions  

          Assembly Housing and Community Development Committee:  5-2
          Assembly Local Government Committee:      8-0
          Assembly Appropriations Committee:            12-5
          Assembly Floor:                                   54-16


                         Support and Opposition  (6/13/13)

           Support  :  Cities of Blue Lake, Burbank, El Centro,  
          Fairfield, Lakewood, Madera, Mendota, Pomona, Salinas, and  
          Watsonville; Building Industry Association; California  
          Special Districts Association; League of California Cities;  
          League of California Cities, Latino Caucus; League of  
          California Cities, Los Angeles Division; Western Center on  
          Law and Poverty. 

           Opposition  :  California Alliance to Protect Private  
          Property Rights; California Taxpayer Association.   





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