BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 308
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          Date of Hearing:   August 25, 2010

                       ASSEMBLY COMMITTEE ON LOCAL GOVERNMENT
                                Cameron Smyth, Chair
               AB 308 (Cook and Carter) - As Amended:  August 19, 2010
           
          SUBJECT  :   Property tax revenue allocations: state-assessed  
          property.

           SUMMARY  :  Continues the property tax revenue allocation  
          methodology for a specified utility property located in the  
          Inland Valley Development Agency (IVDA) redevelopment project  
          area in San Bernardino County, despite a recent change in  
          ownership that triggers a change in allocations.

           The Senate amendments  delete the Assembly version of this bill,  
          and instead:  

          1)Provide that if a 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 (BOE)  
            and the county auditor before January 1, 2011, then, for the  
            2010-11 and following fiscal years (FYs), the allocation of  
            property tax revenues shall be subject to the requirements  
            enacted by AB 81 (Migden), Chapter 57, Statutes of 2002.

          2)Provide that BOE may amend the tax rolls for FY 2010-11 in  
            order to provide the allocations as required in 1) above.

          3)State that the Legislature finds and declares that a special  
            law is necessary in order to ensure that IVDA receives  
            sufficient tax increment funding to repay loans, or moneys  
            advance to, or indebtedness incurred by, the redevelopment  
            agency to finance or refinance redevelopment projects.

          4)State that this act is an urgency statute and shall take  
            effect immediately.









                                                                  AB 308
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          5)Add in chaptering out provisions to ensure that this bill does  
            not conflict with SB 1398 (DeSaulnier).

           EXISTING LAW :  

          1)Requires BOE to assess public utilities for property tax  
            purposes.

          2)Provides for the following allocation formula pursuant to SB  
            1317 (Torlakson), Chapter 872, Statutes of 2006, for qualified  
            public utility-owned electrical facilities built after January  
            1, 2007, and meeting specified conditions:

             a)   Counties, K-14 schools, and non-enterprise special  
               districts receive the same percentage of these property tax  
               revenues as they received in the previous year;

             b)   The city in which the electrical facility is located  
               receives 90% of the remaining property tax revenues;

             c)   The city or water districts that provide water service  
               to the electrical facilities receive the remaining 10% of  
               the property tax revenues; and,

             d)   The other entities that would have previously received a  
               share of the property tax revenues do not receive any of  
               the revenues

           AS PASSED BY THE ASSEMBLY  , this bill required elections  
          officials to send a special runoff ballot, on which a voter may  
          rank all the candidates, to every overseas voter for any  
          election for which there may be a runoff election held within 90  
          days of that election, and required the elections official to  
          tally a vote for the highest ranked candidate on a special  
          runoff ballot if the overseas voter that cast the special runoff  
          ballot does not return a regular ballot for the runoff election.

           FISCAL EFFECT  :  According to the Senate Appropriations  
          Committee, this bill would result in approximately $2 million  
          less property tax revenue for K-14 schools than they would  
          otherwise receive beginning in FY 2010-11.  This bill would also  
          create a reimbursable state-mandated local program by changing  
          the manner in which county officials allocate property tax  
          revenues.









                                                                  AB 308
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           COMMENTS  :  

          1)This bill continues the property tax revenue allocation  
            methodology for a specified utility property located in the  
            IVDA redevelopment project area in San Bernardino County under  
            specified conditions, despite a recent change in ownership  
            that triggers a modification in allocation formulas.

          2)AB 81 (Migden), Chapter 57, Statutes of 2002, was enacted to  
            change the revenue allocation of power plants divested by  
            public utilities and sold to private operators, as well as  
            those newly constructed by merchant power plant owners, to  
            provide for situs-based revenue allocation.  In 2005, San  
            Diego Gas and Electric sought and received special revenue  
            allocations for a proposed new power plant to be constructed  
            in the City of Escondido [AB 2558 (Plescia), Chapter 640,  
            Statutes of 2004].  In 2006, the Legislature 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.  This 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),  
            Chapter 872, Statutes of 2006].  

          3)Formed in 1990, the IVDA is a joint powers authority comprised  
            of the County of San Bernardino and the cities of Colton, Loma  
            Linda, and San Bernardino.  IVDA is responsible for  
            redeveloping the non-aviation portion of the former Norton Air  
            Force Base and surrounding properties.  Southern California  
            Edison's (SCE) Mountainview power plant is located in the City  
            of Redlands 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.  

          4)The author introduced this bill in order to allow the county  
            auditor to continue to allocate property tax revenues using  
            the Migden allocation method; otherwise, the Torlakson  
            assessment method triggered by the change in ownership will  
            reduce property tax revenues that IVDA and other local  
            agencies receive from the Mountainview power plant.








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          5)This bill contains an urgency clause so that BOE and the San  
            Bernardino County Auditor can implement the bill's  
            requirements for allocating property taxes from the  
            Mountainview power plant in 2010.  This bill requires a  
            two-thirds vote of each house because it makes changes to the  
            pro rata shares in which ad valorem property tax revenues are  
            allocated among agencies in a county.

          6)AB 308 contains chaptering out amendments in order to ensure  
            that there is no conflict with SB 1398 (DeSaulnier).  SB 1398  
            would revise property tax formulas to allocate property tax  
            revenues from a proposed public utility power plant in Contra  
            Costa County to benefit the Oakley Redevelopment Agency.
           
          7)Support arguments  :  Supporters argue that without the bill, a  
            mere change in ownership of a power plan located within the  
            area of the IVDA will result in a loss of funds to the agency  
            and to surrounding cities and school districts.  This bill  
            maintains the status quo, including the required set-aside of  
            20% of the revenue for the IVDA's low-and-moderate income  
            housing fund, therefore preserving the existing property tax  
            allocation methodology.

             Opposition arguments  :  Department of Finance writes that this  
            bill would result in some K-14 school districts receiving less  
            property tax revenue than they would receive under current  
            law, which would increase the state's Proposition 98 General  
            Fund obligation.  Finance also notes that provisions of the  
            bill could give rise to a claim of state mandate.
           






















                                                                 AB 308
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          REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          Inland Valley Development Agency [SPONSOR]
          California Rural Legal Assistance Foundation
          Colton Joint Unified School District
          Hillwood Investment Properties
          Mayor Pat Gilbreath, City of Redlands
          Mayor Patrick J. Morris, City of San Bernardino
          Neighborhood Housing Services of the Inland Empire, Inc
          Redlands Unified School District
          San Bernardino City Unified School District
          San Bernardino Community College District
          San Bernardino County Superintendent of Schools
          San Bernardino International Airport Authority
          Stater Bros. Markets
          Supervisor Josie Gonzales, 5th District, County of San  
          Bernardino
          Supervisor Neil Derry, 3rd District, County of San Bernardino
          Western Center on Law and Poverty

           Opposition 
           
          Department of Finance
           
          Analysis Prepared by  :    Debbie Michel / L. GOV. / (916)  
          319-3958