BILL ANALYSIS Ó AB 2635 Page 1 Date of Hearing: April 27, 2016 ASSEMBLY COMMITTEE ON APPROPRIATIONS Lorena Gonzalez, Chair AB 2635 (Committee on Agriculture) - As Introduced February 19, 2016 ----------------------------------------------------------------- |Policy |Agriculture |Vote:|10 - 0 | |Committee: | | | | | | | | | | | | | | |-------------+-------------------------------+-----+-------------| | | | | | | | | | | | | | | | ----------------------------------------------------------------- Urgency: No State Mandated Local Program: NoReimbursable: No SUMMARY: This bill extends the end date for the California Healthy Food Financing Initiative (CHFFI) from July 1, 2017 to July 1, 2023. FISCAL EFFECT: AB 2635 Page 2 Negligible fiscal costs. The CHFFI has not yet received any state funds, and this bill simply extends its repeal date so it can be funded in the future if the legislature chooses to do so. COMMENTS: 1)Background. The CHFFI, created in 2012, is intended to be a public-private partnership program that increases access to healthy foods in underserved, urban, and rural communities and inspire innovation in healthy food retailing. The program would be a mirror of successful HFFI programs in Pennsylvania and New York. Existing law also creates the CHFFI Fund within the State Treasurer's Office, which is to be comprised of federal, state, philanthropic, and private funds. However, since its inception, the CHFFI has operated without funding. While the program has released a report, developed a website, and held a number of meetings, these were done despite no appropriated funds. 2)Purpose. This bill is intended to give CHFFI time to achieve its goals. Under existing law, it will cease operations on July 1, 2017. Analysis Prepared by:Luke Reidenbach / APPR. / (916) 319-2081 AB 2635 Page 3