BILL ANALYSIS Ó SB 940 Page 1 Date of Hearing: June 29, 2016 ASSEMBLY COMMITTEE ON APPROPRIATIONS Lorena Gonzalez, Chair SB 940 (Vidak) - As Amended April 12, 2016 ----------------------------------------------------------------- |Policy |Transportation |Vote:|15 - 0 | |Committee: | | | | | | | | | | | | | | |-------------+-------------------------------+-----+-------------| | | | | | | | | | | | | | | | |-------------+-------------------------------+-----+-------------| | | | | | | | | | | | | | | | ----------------------------------------------------------------- Urgency: Yes State Mandated Local Program: NoReimbursable: No SUMMARY: This bill requires the High-Speed Rail Authority (Authority), prior to selling surplus property, to notify by certified mail the last known owner of the property and to not sell the property until at least 30 days following the notification. SB 940 Page 2 FISCAL EFFECT: Minor absorbable costs for the Authority to provide the required notifications in a timely manner. COMMENTS: Purpose. AB 481 (Lowenthal), Chapter 132, Statutes of 2013, allows the Authority to dispose of properties that it deems no longer necessary, but does not provide the original landowner the right to be notified that the property will be sold. SB 940 does not require a first right of refusal for the previous owner, but does, at least, provide notification that a property will be sold, thereby improving the opportunity for the previous owner to purchase the property. Analysis Prepared by:Chuck Nicol / APPR. / (916) 319-2081