BILL ANALYSIS                                                                                                                                                                                                    Ó



          SENATE COMMITTEE ON APPROPRIATIONS
                             Senator Ricardo Lara, Chair
                            2015 - 2016  Regular  Session

          AB 2480 (Bloom) - Source watersheds:  financing
          
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          |Version: August 1, 2016         |Policy Vote: N.R. & W. 6 - 2    |
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          |Urgency: No                     |Mandate: No                     |
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          |Hearing Date: August 11, 2016   |Consultant: Narisha Bonakdar    |
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          *********** ANALYSIS ADDENDUM - SUSPENSE FILE ***********
             The following information is revised to reflect amendments 
                     adopted by the committee on August 11, 2016






          Bill  
          Summary:  AB 2480 declares it is state policy to recognize and  
          define source watersheds as integral components of California's  
          water system, and eligible for financing on an equivalent basis  
          with other water infrastructure projects.  


          Fiscal  
          Impact:  The amendments will help watershed maintenance or  
          repair projects access the same forms of financing available to  
          other water infrastructure projects (special fund). To the  
          extent that these projects compete with water infrastructure  
          projects for funding. These projects will result in cost  
          pressures in the millions.







          AB 2480 (Bloom)                                        Page 1 of  
          ?
          
          


          Author  
          Amendments: Clarify that the maintenance and repair of source  
          watersheds are eligible for the same forms of financing as other  
          water collection and treatment infrastructure projects. 


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