BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 368
                                                                  Page 1

          Date of Hearing:  April 13, 2009

                       ASSEMBLY COMMITTEE ON NATURAL RESOURCES
                                Nancy Skinner, Chair
                 AB 368 (Skinner) - As Introduced:  February 23, 2009
           
          SUBJECT  :  State lands:  oil, gas, and mineral leases.

           SUMMARY :  Delays the effective date of a quitclaim deed filed to  
          terminate all or a portion of any lease with the State Lands  
          Commission (Commission) until such time that the lessee reclaims  
          or restores the lease premises as approved by the Commission.

           EXISTING LAW  :

          1)Requires a lease for the extraction of oil, gas, and mineral  
            resources on state lands from the Commission.

          2)Authorizes a lessee at any time to file with the Commission a  
            quitclaim deed or relinquishment of all rights under an oil,  
            gas or geothermal lease or any portion of a lease comprising a  
            10-acre parcel.  The quitclaim deed is effective when it is  
            filed provided that all accrued rent and royalties are paid  
            and all wells are suspended or abandoned consistent with the  
            terms of the lease.

          3)Pursuant to the Surface Mining and Reclamation Act of 1975  
            (SMARA), requires mine operators to obtain a mining permit  
            from a lead agency, submit a reclamation plan, and provide  
            financial assurances to the lead agency in the event that they  
            are unable to reclaim or restore the mined land.

          4)Pursuant to the School Land Bank Act (Act), Chapter 879,  
            Statutes of 1984, lands granted to the state by Congress, to  
            be managed and enhanced to provide for an economic base in  
            support of the public school system, were placed into a  
            statutory trust and the Commission was designated trustee of  
            the School Land Bank Fund.

           THIS BILL  :

          1)Delays the effective date of a quitclaim deed filed to  
            terminate all or a portion of any lease (including oil, gas,  
            geothermal or mineral lease) with the Commission until such  
            time that the lessee reclaims or restores the lease premises  








                                                                  AB 368
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            as approved by the Commission.

          2)Upon Commission approval, releases the lessee from all  
            obligations with respect to the lands quitclaimed.

          3)Generalizes this authority so that it applies to any land  
            lease regardless of size or resource extracted.

           FISCAL EFFECT  :  Unknown.












































                                                                  AB 368
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           COMMENTS  : According to the author's office, this bill authorizes  
          the state to collect rent from lessees of mining operations  
          until the land underlying those operations is reclaimed or  
          restored consistent with existing law.  Currently, any lessee  
          can quitclaim or relinquish all rights or legal claims to a  
          lease at any time.  This quitclaim is effective upon filing with  
          the Commission.  Practically speaking, a lessee is then under no  
          obligation to pay rent during the time in which it restores or  
          reclaims the leases premises.  This issue is most relevant  
          during the reclamation of sand and gravel pits on "school  
          lands," which can take many years.  The Commission, sponsors of  
          this bill, state that at least two lessees currently fall into  
          this category.

           1)Reclamation of mining operations can take many years, leading  
            to foregone revenue  

          Prior to conducting surface mining operations, the Surface  
          Mining and Reclamation Act of 1975, administered by the  
          Department of Conservation and local governments, requires  
          mining operators to obtain a mining permit from a lead agency  
          and develop a reclamation plan.  This plan must include measures  
          to restore water quality, stream banks, wildlife habitat, slope  
          stability, and vegetation, among other things.  This plan may be  
          in place for about 15 years or more during which time the state  
          may be unable to collect rent or manage its lands for other  
          uses, forgoing any potential revenues from those uses.

           2)Bill would result in modest revenues to the Teachers'  
            Retirement Fund  

          The Commission manages approximately 496,000 acres of "school  
          lands" held in fee ownership by the state.  Most of these lands  
          are isolated, landlocked parcels in the desert regions of the  
          state; about a quarter of these lands, however, are leased for  
          revenue generating purposes.  These school lands are what remain  
          of the nearly 5.5 million acres originally granted to the state  
          by Congress in 1853 to benefit public education.  The School  
          Land Bank Act requires the Commission to manage and enhance  
          school lands to provide an economic benefit to the public school  
          system.  All revenues generated from the use of school lands  
          must be deposited into the Teachers' Retirement Fund (TRF),  
          which benefits the California State Teachers' Retirement System.  
           This bill is entirely consistent with this mandate.









                                                                  AB 368
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          The Commission states that this bill would result in a modest  
          increase in rental revenue to the TRF.  Quantifying this  
          increase is difficult since this bill would only apply to new  
          leases, the acreage of which cannot be predicted.  It is  
          similarly challenging to predict when new leases may terminate  
          since they are dependent on economical returns dedicated by  
          market forces.  During FY 2007-08, the Commission collected  
          $738,471 in rent; $143,745 of this was deposited into the TRF  
          from roughly 140 leases.  Since 1997, $3.5 million in revenue  
          has been generated from surface leasing activities on school  
          lands.

           REGISTERED SUPPORT / OPPOSITION  :

           Support 
           
          American Federation of State, County and Municipal Employees
          California State Teachers' Retirement System
          State Lands Commission


































                                                                  AB 368
                                                                  Page 5

           Opposition 
           
          None one file
           

          Analysis Prepared by  :  Dan Chia / NAT. RES. / (916) 319-2092