BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



           ------------------------------------------------------------ 
          |SENATE RULES COMMITTEE            |                    AB 50|
          |Office of Senate Floor Analyses   |                         |
          |1020 N Street, Suite 524          |                         |
          |(916) 651-1520         Fax: (916) |                         |
          |327-4478                          |                         |
           ------------------------------------------------------------ 
           
                                         
                                 THIRD READING


          Bill No:  AB 50
          Author:   Nava (D), et al
          Amended:  4/22/10 in Senate
          Vote:     27 - Urgency

           
           SENATE GOVERNMENTAL ORG. COMMITTEE  :  10-0, 6/23/09
          AYES:  Wright, Harman, Benoit, Denham, Negrete McLeod,  
            Oropeza, Padilla, Price, Wiggins, Yee
          NO VOTE RECORDED:  Calderon, Florez, Wyland

           SENATE REVENUE & TAXATION COMMITTEE  :  8-0, 7/8/09
          AYES:  Wolk, Walters, Alquist, Ashburn, Florez, Padilla,  
            Runner, Wiggins

           SENATE APPROPRIATIONS COMMITTEE :  8-5, 8/27/09
          AYES:  Kehoe, Corbett, Hancock, Leno, Oropeza, Price, Wolk,  
            Yee
          NOES:  Cox, Denham, Runner, Walters, Wyland

           SENATE FLOOR  :  23-5, 9/9/09 (Fail)
          AYES:  Alquist, Calderon, Cedillo, Corbett, Correa,  
            DeSaulnier, Ducheny, Hancock, Kehoe, Leno, Liu,  
            Lowenthal, Negrete McLeod, Oropeza, Padilla, Pavley,  
            Price, Romero, Simitian, Steinberg, Wiggins, Wolk, Yee
          NOES:  Aanestad, Cox, Denham, Dutton, Harman
          NO VOTE RECORDED:  Ashburn, Benoit, Cogdill, Florez,  
            Hollingsworth, Huff, Maldonado, Runner, Strickland,  
            Walters, Wright, Wyland

           ASSEMBLY FLOOR  :  78-0, 6/2/09 - See last page for vote


                                                           CONTINUED





                                                                 AB 50
                                                                Page  
          2

           SUBJECT  :    Disaster relief

           SOURCE  :     Author


           DIGEST  :      The bill deletes provisions in current law  
          that require the inclusion of certain elements in a local  
          hazard mitigation plan, including an initial earthquake  
          performance evaluation of public facilities that are  
          potentially hazardous, and a plan to reduce the potential  
          risk from private and government facilities in the event of  
          a disaster.  This bill provides for backfill of revenue  
          losses to the counties of Santa Barbara, San Bernardino,  
          Orange, and Placer once the loss is certified by the  
          Department of Finance.

           Senate Floor Amendments  of 4/22/10 (1) provide Placer  
          County with tax and disaster relief due to the wildfires  
          that commenced on August 2009; (2) move the deadline year  
          from 2009 to 2010 and 2011 for those counties to submit to  
          the state the estimate of the total amount of the reduction  
          in property tax revenues, due to damaged property from the  
          wildfires; (3) deletes the double-jointing language and  
          contingent language with AB 15 and AB 666, and SB 505 (AB  
          15 is on Senate 3rd Reading File and AB 666 and SB 505 were  
          both vetoed), and (4) revises the increase tax and property  
          tax homeowner's tax relief provisions pertaining to  
          wildfires that occurred in the counties of Orange,  
          Riverside, San Bernardino, and Santa Barbara counties which  
          has been granted in AB 1568 (Salas) Chapter 299, Statutes  
          of 2009 Session.

           ANALYSIS  :    


           Background
           
          Last year, the Legislature and the Governor signed into law  
          AB 1568 (Salas) which provided income and corporation tax  
          relief and homeowners' property tax exemption relief to the  
          counties of San Bernardino, Los Angeles, Ventura, Santa  
          Barbara, and Orange due to wildfires which occurred in  
          November of 2008 and 2009.  That bill did not contain  
          language providing for the state to backfill revenue loses  







                                                                 AB 50
                                                                Page  
          3

          resulting from reassessment of damaged property which AB 50  
          now contains for these counties and also Placer County.

          On August 30, 2009, a wildfire occurred in Auburn, Placer  
          County which the Governor declared a state of emergency  
          for.  This bill now provides for disaster relief to Placer  
          County.

           California Disaster Assistance Act (CDAA)  .  Allows the  
          Legislature to provide for a state share of local costs  
          that exceeds 75 percent of total state eligible costs if  
          the city, county, or city and county has adopted a local  
          hazard mitigation plan in accordance with the federal  
          Disaster Mitigation Act (DMA) of 2000.  Existing law  
          prohibits the state share of reimbursement for local costs  
          due to a disaster from exceeding 75 percent of total state  
          eligible costs, unless the local agency is located within a  
          city or county that has adopted a local HMP in accordance  
          with the federal DMA as part of the safety element.   
          Existing law requires the HMP to include:

          1. An initial earthquake performance evaluation of public  
             facilities that provide essential services, shelter, and  
             critical government functions.

          2. An inventory of private facilities that are potentially  
             hazardous, including, but not limited to, multi-unit,  
             soft story, concrete tilt-up, and concrete frame  
             buildings.

          3. A plan to reduce the potential risk from private and  
             governmental facilities in the event of a disaster.

          This bill deletes the required contents of the HMP.

           Income and Corporation Taxes  .  Existing state and federal  
          law allows taxpayers to deduct disaster losses in the year  
          the loss occurs or in the preceding year by filing an  
          amended return.  Disaster losses result from fires, storms,  
          floods or other natural events proclaimed a disaster by the  
          president or the Governor.  Disaster losses are the amounts  
          not compensated for by insurance or other means.

          Existing federal law, which California conforms to, only  







                                                                 AB 50
                                                                Page  
          4

          allows loss deductions for personal income taxes that  
          exceed $100 per taxpayer and 10 percent of their adjusted  
          gross income for the year.

          Existing law limits disaster losses for corporate taxpayers  
          to the amounts set by stat law for net operating losses, 55  
          percent for 2000 and 2001, 60 percent for 2002 and 2003,  
          and 100 percent for 2004 and thereafter and the  
          carry-forward to five years.  State law allows a limited  
          percentage to be carried forward up to 10 years.

          Starting with the forest fires in 1985, and approximately  
          30 times thereafter for various disasters, the Legislature  
          enacted measures that allow a 100 percent carry-forward of  
          excess disaster losses for up to five years and a  
          carry-forward of the excess disaster losses under the above  
          percentages for up to an additional 10 years.

          This bill enacts identical allowances for taxpayers with  
          excess disaster losses in Placer County resulting from the  
          Auburn wildfire on August 30, 2009.

           Property Taxes  .  Existing law allows counties to adopt  
          ordinances allowing taxpayers to apply for a reassessment  
          of property destroyed or damaged by "a major misfortune or  
          calamity" if the governor proclaims a disaster.   Taxes  
          that had previously been paid are deemed "excess" as a  
          result of a downward reassessment and are refunded to the  
          taxpayer.  County Assessors must defer the payment of  
          property taxes when they receive a timely filed application  
          from an affected taxpayer.

          Beginning in 1990, the Legislature provided state  
          reimbursement of property tax revenue losses to local  
          governments resulting from the downward-reassessment of  
          damaged or destroyed properties for most disasters for one  
          year.

          The bill enacts identical provisions that require the state  
          to backfill first-year local revenue losses resulting form  
          the reassessment of property in Orange, Riverside, San  
          Bernardino and Placer counties resulting from wildfires and  
          those counties occurring in 2008, and also for Santa Barbra  
          County for wildfires in 2008 and 2009.







                                                                 AB 50
                                                                Page  
          5


          The bill requires that each affected county certify to the  
          Director of Finance an estimate of the amount of reduced  
          2008-09 property tax revenues resulting from reassessment  
          by October 30, 2010.  The Director of Finance then verifies  
          and certifies the revenue loss estimate to the Controller,  
          who then sends the certified amount to the affected county.  
           In the case of Placer County they have until June 30,  
          2011.  If the loss was underestimated; the Controller must  
          return the difference to the affected county.

           Property Taxes (Homeowners' Exemption)  .  Existing law  
          provides a homeowners' exemption from property taxes equal  
          to $7,000 in assessed value (at a one percent property tax  
          rate, the exemption reduces property taxes by roughly $70)  
          for owner-occupied home.  Once granted, homeowner's'  
          exemption are generally permanent.  However, an Assessor  
          may deny a homeowner's exemption if the property becomes  
          vacant or is under construction as of the January 1st lien  
          date.

          The bill provides that Assessors may not disqualify an  
          otherwise qualified residence for a homeowners;' exemption  
          solely on the basis that the dwelling was temporarily  
          damage, destroyed, under reconstruction by the owner, or  
          temporarily uninhabited as a result of restricted access to  
          the property due to the Auburn wildfire in Placer County on  
          August 30, 2009.

           FISCAL EFFECT  :    Appropriation:  Yes   Fiscal Com.:  Yes    
          Local:  Yes

           SUPPORT  :   (Verified  4/26/10)

          County of San Diego
          California Professional firefighters
          California State Association of Counties
          Counties of Orange, Placer, Santa Barbara
          Regional Council of Rural Counties


           ASSEMBLY FLOOR  : 
          AYES:  Adams, Ammiano, Anderson, Arambula, Beall, Tom  
            Berryhill, Blakeslee, Blumenfield, Brownley, Buchanan,  







                                                                 AB 50
                                                                Page  
          6

            Caballero, Charles Calderon, Carter, Chesbro, Conway,  
            Cook, Coto, Davis, De La Torre, De Leon, DeVore, Duvall,  
            Emmerson, Eng, Evans, Feuer, Fletcher, Fong, Fuentes,  
            Fuller, Furutani, Gaines, Galgiani, Garrick, Gilmore,  
            Hagman, Hall, Harkey, Hayashi, Hernandez, Hill, Huber,  
            Huffman, Jeffries, Jones, Knight, Krekorian, Lieu, Logue,  
            Bonnie Lowenthal, Ma, Mendoza, Miller, Monning, Nava,  
            Nestande, Niello, Nielsen, John A. Perez, V. Manuel  
            Perez, Portantino, Price, Ruskin, Salas, Saldana, Silva,  
            Skinner, Smyth, Solorio, Audra Strickland, Swanson,  
            Torlakson, Torres, Torrico, Tran, Villines, Yamada, Bass
          NO VOTE RECORDED:  Bill Berryhill, Block


          TSM:do  4/28/10   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

                                ****  END  ****