BILL ANALYSIS                                                                                                                                                                                                    



                                        
                       SENATE LOCAL GOVERNMENT COMMITTEE
                            Senator Dave Cox, Chair


          BILL NO:  AB 308                     HEARING:  6/30/10
          AUTHOR:  Cook                        FISCAL:  Yes
          VERSION:  6/23/10                    CONSULTANT:   
          Weinberger
          
                            PROPERTY TAX ALLOCATION 
                     FROM PUBLIC UTILITY PROPERTY (URGENCY)

                           Background and Existing Law 

          The California Constitution requires the State Board of  
          Equalization (BOE) to assess public utilities for property  
          tax purposes.  The BOE assesses utility property as a unit,  
          instead of assessing the individual value of separate  
          properties owned by the utility.  State law allocates the  
          property tax revenues from state-assessed public utilities  
          differently than the property tax revenues from  
          locally-assessed properties.

          Until 1988-89, state law allocated property tax revenues  
          from all state-assessed property on a situs basis among tax  
          rate areas.  The complexity and administrative cost of  
          tracking property holdings and allocating property tax  
          revenues among thousands of small geographic locations led  
          the Legislature to create the current countywide method for  
          allocating unitary property tax revenues (AB 2890,  
          Hannigan, 1986).

          Under the countywide method, the BOE allocates the unitary  
          assessed value of utility property among the counties based  
          on the amount of property within each county.  County  
          auditors allocate the property tax revenues from unitary  
          properties using a formula based on the amount of unitary  
          revenues received by the county's taxing jurisdictions in  
          1987-88.  For years after 1987-88, each taxing jurisdiction  
          receives up to 102% of its prior year unitary property tax  
          revenues.  The county auditor allocates the remaining  
          property tax revenue from the county's unitary roll to all  
          taxing jurisdictions in proportion to their shares of  
          property tax revenues derived from locally-assessed  
          property.

          In other words, this unitary tax allocation method creates  
          a countywide pool of property tax revenues generated by  




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          growth in the value of state-assessed properties.  Each  
          local taxing agency gets a share of the countywide pool,  
          regardless of whether any state-assessed property is within  
          that agency's boundaries.

          To direct a greater share of property tax revenues to local  
          agencies in which some state-assessed facilities are  
          located, the Legislature has created some exceptions to  
          this countywide unitary tax allocation method for:
                 An electrical power plant in the City of Chula  
               Vista (San Diego County) (AB 1108, Peace, 1993).  
                 An electrical power plant in the City of Escondido  
               (San Diego County) (AB 2558, Plescia, 2004). 
                 A PG&E education and training center in the City of  
               Livermore (Alameda County) (SB 53, Lockyer, 1991).
                 A PacBell computer center in the City of Fairfield  
               (Solano County) (AB 454, Klehs, 1987).  

          The Legislature also created an exception to the countywide  
          unitary tax allocation method for all newly constructed  
          public-utility-owned large-scale electrical generation,  
          substation, and transmission facilities.  That exception  
          allocates a greater share of unitary property tax revenues  
          to the city or county in which a qualified electrical  
          facility is located (SB 1317, Torlakson, 2006).

          After the Legislature deregulated California's electric  
          utility industry in 1996, regulated public utilities sold  
          many of their electric generating facilities to unregulated  
          private companies.  Unregulated private companies also  
          began building new electric generation facilities.   
          Regulations adopted by the BOE in 1999 made county  
          assessors responsible for assessing electric facilities  
          owned by unregulated private companies.  County auditors  
          allocated property tax revenues from those locally-assessed  
          facilities, on a situs-basis, to the local jurisdictions in  
          which the facilities were located.  In 2002, the  
          Legislature transferred the responsibility for assessing  
          electric facilities owned by unregulated private companies  
          back to the BOE and retained the situs-based allocation of  
          property tax revenues from those facilities (AB 81, Migden,  
          2002).

          Formed in 1990, the Inland Valley Development Agency (IVDA)  
          is a joint powers authority comprised of the County of San  
          Bernardino and the cities of Colton, Loma Linda, and San  





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          Bernardino.  The IVDA is responsible for redeveloping the  
          non-aviation portion of the former Norton Air Force Base  
          and surrounding properties. Southern California Edison's  
          (SCE's) Mountainview power plant is located in the City of  
          Redlands (San Bernardino County) within an IVDA  
          redevelopment project area.  Until this year, an  
          unregulated subsidiary of SCE owned the Mountainview power  
          plant.  In March 2010, SCE took ownership of the plant.   
          Because it is now owned by a regulated utility company, the  
          plant's property tax revenues will be allocated using the  
          2006 Torlakson allocation method rather than under the 2002  
          Migden allocation method.  Because this change reduces  
          property tax revenues that the IVDA and other local  
          agencies receive from the Mountainview power plant, IVDA  
          officials want the county auditor to continue to allocate  
          property tax revenues from the plant using the Migden  
          bill's allocation method.


                                   Proposed Law  

          If utility-owned state-assessed unitary property was  
          constructed by a wholly owned subsidiary of a utility  
          before January 1, 2007 and placed in service by the utility  
          on or after January 1, 2007,  and  the property is located in  
          a redevelopment project area of a joint powers authority  
          comprised of cities and a county that adopts a resolution  
          stating that the property is subject to a redevelopment  
          plan,  and  the joint powers authority transmits a copy of  
          the resolution stating that the property is subject to a  
          redevelopment plan to the State Board of Equalization and  
          the county auditor before January 1, 2011,  then  , for  
          2010-11 and following fiscal years, Assembly Bill 308  
          requires that property tax revenues from that utility-owned  
          state-assessed unitary property must be allocated under  
          requirements enacted by AB 81 (Migden, 2002).  

          Specifically, AB 308 requires property tax revenues from  
          utility-owned state-assessed unitary property that meets  
          the specified conditions to be allocated entirely to the  
          county in which the facility is located and to the tax rate  
          area in the county in which the property is located.  The  
          revenues must be allocated among the jurisdictions in that  
          tax rate area in the same percentage shares as tax revenues  
          from locally-assessed property are allocated to those  
          jurisdictions, subject to any allocation of property tax  





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          increment revenues and subject to other specified  
          modifications or adjustments. 

          The bill allows the State Board of Equalization to amend  
          the tax rolls for the 2010-11 fiscal year to provide the  
          property tax allocations that the bill requires.


                                     Comments  

          1.   Protecting local revenues  .  Legislators approved  
          various exceptions to the countywide allocation method for  
          unitary property tax revenues to provide a greater share of  
          property taxes to jurisdictions that have large power  
          plants.  However, when a power plant's ownership transfers  
          from an unregulated company to a regulated utility, state  
          law has the opposite effect.  As the result of a corporate  
          transaction between SCE and a subsidiary, the IVDA will  
          lose property tax revenues that it receives from a large  
          power plant in one of its redevelopment project areas.   
          Those revenues are vital to financing the IVDA's  
          redevelopment activities.  AB 308 avoids pulling the rug  
          out from under the IVDA by protecting the current  
          allocation of property tax revenues from SCE's Mountainview  
          power plant. 

          2.   Future winners and losers  .  Property tax allocation is  
          a zero-sum game; every reallocation of property tax  
          revenues produces winners and losers.  AB 308's exception  
          to the Torlakson bill's modified property tax allocation  
          method will leave some local governments in San Bernardino  
          County with higher future revenues, and others with lower  
          future revenues, than they would have received under  
          current law.  The Inland Valley Development Agency wins  
          under AB 308.  However, the bill also results in lower  
          future allocations to some school districts and special  
          districts with territories that do not encompass SCE's  
          Mountainview power plant.  

          3.   Precedent  ?  AB 308's provisions apply narrowly to  
          Southern California Edison's power plant in Redlands.   
          However, by creating an exception to the complex unitary  
          tax allocation method that currently applies to all  
          qualified electrical facility property, the bill may invite  
          further exceptions.  Earlier this year, by a vote of 3-2,  
          the Committee passed SB 1398 (DeSaulnier), which creates an  





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          exception to the Torlakson bill's allocation method for a  
          proposed power plant in Oakley (Contra Costa County).  The  
          Committee may wish to consider whether the precedent set by  
          AB 308 and SB 1398 will encourage other communities to ask  
          the Legislature to enact unique property tax allocation  
          methods for revenues from other state-assessed property,  
          creating an even more confusing patchwork of tax allocation  
          statutes.

          4.   Back to the future  ?  In response to the complexity and  
          cost of allocating unitary property tax revenues on a situs  
          basis to local governments in which state-assessed property  
          is located, the 1986 Hannigan bill created a simpler  
          countywide allocation method.  To provide added revenues to  
          communities in which large electric facilities are built,  
          the 2006 Torlakson legislation created a hybrid method for  
          allocating some unitary property tax revenues through the  
          countywide pool and some revenues on a situs basis to the  
          city or county in which the electrical facility was  
          located.  AB 308 restores the situs allocation method for  
          unitary property tax revenues from some state-assessed  
          utility property.  The Committee may wish to consider  
          whether this shift back to situs-based allocation of  
          unitary property tax revenues will erode the cost savings  
          and simplicity achieved by the Hannigan bill.

          5.   Mandate  .  Legislative Counsel says that AB 308 creates  
          a new state mandated local program by changing the manner  
          in which San Bernardino County officials allocate property  
          tax revenues.  The Committee may wish to consider amending  
          AB 308 to require the IVDA to pay for the County's  
          increased administrative costs.

          6.   Two-thirds vote  .  Proposition 1A (2004) requires  
          approval by a 2/3 vote in each house of the Legislature for  
          any change in the pro rata shares in which ad valorem  
          property tax revenues are allocated among agencies in a  
          county.  AB 308 is subject to that constitutional  
          requirement, which is why the bill requires a 2/3 vote on  
          the Senate Floor.

          7.   Urgency clause  .  Regular statutes take effect on the  
          January 1 following their enactment; bills passed in 2010  
          take effect on January 1, 2011.  The California  
          Constitution allows bills with urgency clauses to take  
          effect immediately if they're needed for the public peace,  





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          health, and safety.  AB 308 contains an urgency clause so  
          that the BOE and San Bernardino County Auditor can  
          implement the bill's requirements for allocating property  
          taxes from the Mountainview power plant this year.

            8.   Special legislation  .  The California Constitution  
          prohibits special legislation when a general law can apply  
          (Article IV, 16).  AB 308 contains findings and  
          declarations explaining the need for legislation that  
          applies only to the Inland Valley Development Agency.  
            
          9.   Gut and amend  .  As introduced, AB 308 required county  
          elections officials to prepare a special runoff ballot for  
          special absentee voters.  The Committee never heard that  
          version of the bill.  The June 9 amendments deleted the  
          bill's contents and inserted the language relating to  
          property tax allocations from public utility property.


                                 Assembly Actions  

          Not relevant to the June 23, 2010 version of the bill.
           

                        Support and Opposition  (6/24/10)

           Support  :  Inland Valley Development Agency, San Bernardino  
          City Unified School District, San Bernardino Community  
          College District, San Bernardino County Supervisor Neil  
          Derry, San Bernardino County Supervisor Josie Gonzalez,  
          Stater Bros. Markets

           Opposition  :  Unknown.