BILL ANALYSIS Ó SENATE COMMITTEE ON APPROPRIATIONS Senator Ricardo Lara, Chair 2015 - 2016 Regular Session AB 530 (Rendon) - Lower Los Angeles River Working Group. ----------------------------------------------------------------- | | | | | | ----------------------------------------------------------------- |--------------------------------+--------------------------------| | | | |Version: June 1, 2015 |Policy Vote: N.R. & W. 9 - 0 | | | | |--------------------------------+--------------------------------| | | | |Urgency: No |Mandate: Yes | | | | |--------------------------------+--------------------------------| | | | |Hearing Date: August 27, 2015 |Consultant: Marie Liu | | | | ----------------------------------------------------------------- *********** ANALYSIS ADDENDUM - SUSPENSE FILE *********** The following information is revised to reflect amendments adopted by the committee on August 27, 2015 Bill Summary: AB 530 would establish the Lower Los Angeles River Working Group which would be responsible for developing a revitalization plan for the Lower Los Angeles River and the communities through which it passes by March 1, 2017. Fiscal Impact: One-time costs estimated between $40,000 and $80,000 to the General Fund or the Environmental License Plate Fund (special) for the Rivers and Mountains Conservancy to staff the LA River Working Group. Cost pressures, likely in the hundreds of millions of dollars and possibly over a billion dollars, to the General Fund and various special funds, to implement the plan. AB 530 (Rendon) Page 1 of ? Author Amendments: Deletes the local mandate and makes clarifying changes. -- END --