BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 1906
                                                                  Page  1

          CONCURRENCE IN SENATE AMENDMENTS
          AB 1906 (Lowenthal)
          As Amended August 26, 2004
          2/3 vote
           
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          |ASSEMBLY:  |56-19|(May 25, 2004)  |SENATE: |25-9 |(August 27,    |
          |           |     |                |        |     |2004)          |
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           Original Committee Reference:    E.S. & T.M.  

           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, and appropriates  
          $10 million a year for fiscal years 2005 through 2007 to the  
          Underground Storage Tank Petroleum Contamination Orphan Site  
          Cleanup Subaccount (OS Subaccount) in the Underground Storage  
          Tank Cleanup Fund (USTCF).

           The Senate amendments maintain the Assembly version of this bill  
          and:

          1)Establish the OS Subaccount in USTCF.

          2)Appropriate $10 million per year to the OS Subaccount for  
            three years.  

          3)Authorizes the use of the funds in the OS Subaccount for the  
            costs of response actions to remediate petroleum  
            contamination, including contamination by a refined petroleum  
            product or a petroleum derivative, if: 

             a)   The petroleum contamination is the principal source of  
               contamination at the site;

             b)   The source of the contamination is, or was, UST; and, 

             c)   A financially responsible party has not been identified  
               to pay for remediation at the site.

          4)Sunset the provisions transferring the funds to the OS  
            Subaccount on January 1, 2008, at which point any remaining  
            funds in the OS Subaccount is transferred back to the USTCF.









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           EXISTING LAW  establishes USTCF in the State Treasury and  
          authorizes the money in USTCF to be used to pay claims for  
          cleanup of leaks from petroleum underground storage tanks  
          (PUSTs).  USTCF 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  
          (SWRCB) of the costs of corrective action.  This program sunsets  
          on December 31, 2010. 

           AS PASSED BY THE ASSEMBLY  , this bill:

          1)Increased the fee paid per gallon of petroleum stored in an  
            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)Made 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 USTCF.

           FISCAL EFFECT  :  According to the Senate Appropriations Committee  
          analysis: 

          Fiscal Impact (in thousands) 

           Major Provisions    2004-05    2005-06    2006-07    Fund 
           BOE collection costs                 $111          $177       
          $175           SF* 
          SWRCB/Program costs             $157          $622      $717      
                SF* 
          Additional Revenues             ($8,000-     ($24,375- ($32,500-  

                              $19,600)     $40,000)     $40,000)  SF* 

          Additional Claim Payments, balance of revenues less BOE and  
          SWRBC costs,
          SF* *Underground Storage Tank Cleanup Fund (USTF)

           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 USTCF, will not be guaranteed that their valid  








                                                                  AB 1906
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          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;

             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 USTCF.

          5)The current fees ($0.012 per gallon) generates approximately  
            $195 million annually.  Under the current fee structure, USTCF  
            will not be able to pay all of the pending claims.  The  








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            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: 0009004