BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 1906
                                                                  Page  1

          ASSEMBLY THIRD READING
          AB 1906 (Lowenthal)
          As Introduced February 9, 2004
          Majority vote. 

           ENVIRONMENTL SAFETY          7-0APPROPRIATIONS      14-5        
           
           ----------------------------------------------------------------- 
          |Ayes:|Laird, Aghazarian, Chu,   |Ayes:|Chu, Berg, Calderon,      |
          |     |Levine, Lowenthal,        |     |Corbett, Firebaugh,       |
          |     |Hancock, Leslie           |     |Goldberg, Leno, Nation,   |
          |     |                          |     |Oropeza, Pavley,          |
          |     |                          |     |Ridley-Thomas, Wesson,    |
          |     |                          |     |Wiggins, Yee              |
          |     |                          |     |                          |
          |-----+--------------------------+-----+--------------------------|
          |     |                          |Nays:|Runner, Bates, Daucher,   |
          |     |                          |     |Haynes,                   |
          |     |                          |     |Keene                     |
           ----------------------------------------------------------------- 

           SUMMARY  :  Increases the petroleum storage fee from $0.012 per  
          gallon to $0.013 per gallon beginning on January 1, 2005, and to  
          $0.014 per gallon beginning on January 1, 2006.  Specifically,  
           this bill  :  

          1)Increases the fee paid per gallon of petroleum stored in an  
            underground storage tank (UST) by $0.001 per gallon of  
            petroleum stored, on and after January 1, 2005, and by an  
            additional $0.001 per gallon of petroleum stored, on and after  
            January 1, 2006.  

          2)Makes specific findings related to the need for the increase  
            in order to generate sufficient funds to pay all claimants for  
            cleanup of petroleum releases from USTs from the UST Cleanup  
            Fund (Fund).

           EXISTING LAW  establishes the Fund in the State Treasury and  
          authorizes the money in the Fund to be used to pay claims for  
          cleanup of leaks from petroleum underground storage tanks  
          (PUSTs).  The Fund is generated through fees by PUST operators  
          based on the volume of fuel stored in the tanks.  After the  
          owner or operator of a PUST takes a corrective action in  
          response to a release of petroleum from the tank, he may apply  
          for reimbursement by the State Water Resources Control Board  








                                                                  AB 1906
                                                                  Page  2

          (SWRCB) of the costs of corrective action.  This program sunsets  
          on December 31, 2010. 

           FISCAL EFFECT  :  According to the Assembly Appropriations  
          Committee analysis: 

          1)Significant fee revenue increase, about $8.3 million in fiscal  
            year (FY) 2004-05, $25 million in FY 2005-06, and $33.3  
            million in FY 2006-07, and annually thereafter until the fee  
            sunsets on December 31, 2010.  (UST Cleanup Fund.)

          2)Equivalent increase in financial assistance provided to UST  
            owners who must clean up contamination by SWRCB through its  
            UST Cleanup Fund program.  (UST Cleanup Fund.)

          COMMENTS  :  The author is seeking to assure that the UST Cleanup  
          Program is adequately funded to pay all of the claims currently  
          pending before it sunsets at the end of 2010.  The author feels  
          that without these increases, some PUST owners and operators,  
          who have paid into the Fund, will not be guaranteed that their  
          valid claims will be paid.

          1)The program assists UST owners and operators with the costs to  
            cleanup contaminated soil and groundwater caused by leaking  
            petroleum tanks was established in 1989.  Every owner of a  
            PUST must pay a fee into the fund of $0.012 for each gallon of  
            petroleum placed in an UST.  The fee was last increased in  
            1997.  Since the program's inception, over $1.4 billion paid.   
            As of December 31, 2003, there are 4,608 active claims. 

          2)The sponsor, 7-Eleven, contends that this is a modest fee  
            increase that is necessary to ensure that all claimants under  
            the cleanup program will have a reasonable opportunity to have  
            approved claims paid before the expiration of the cleanup  
            program, as was envisioned when the program was initially  
            established.

          3)PUST owners and operators are reimbursed on a priority system  
            based on a claimant's characteristics giving priority to the  
            "smaller" PUST owners (Class A) because they are, in theory,  
            the least able to afford the cleanup.  Claimants fall into the  
            following classes:

             a)   Class A:  Residential Tank Owners;









                                                                  AB 1906
                                                                  Page  3

             b)   Class B:  Small businesses, governmental agencies and  
               nonprofit organizations with gross receipts below a  
               specified maximum;

             c)   Class C:   Businesses, governmental agencies and  
               nonprofit organizations not meeting the criteria for Class  
               B; and,

             d)   Class D:   All other eligible claimants.  4,449 of the  
               active claims are in this category. 

          4)New claims in a higher priority class must be processed before  
            claims in a lower priority class.  For example, the "newest" A  
            Claim is paid before the "oldest" D Claim.  PUST owners in  
            Class D, such as the sponsors, are particularly worried about  
            the solvency of the Fund.

          5)The current fees ($0.012 per gallon) generates approximately  
            $195 million annually.  Under the current fee structure, the  
            Fund will not be able to pay all of the pending claims.  The  
            adjustment proposed in this bill would generate approximately  
            $32.5 million in additional fees annually, ultimately  
            increasing the Fund to $227.5 million.  The actual amount  
            collected would vary on the amount of fuel stored in PUSTs.   
            It is hoped that this increase will allow the Fund to pay all  
            of the pending claims
           
          Analysis Prepared by  :    Michael Endicott / E.S. & T.M. / (916)  
          319-3965 


                                                                FN: 0005569