BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 368
                                                                  Page  1

          Date of Hearing:   April 22, 2009

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Kevin De Leon, Chair

                AB 368 (Skinner) - As Introduced:  February 23, 2009 

          Policy Committee:                              Natural  
          ResourcesVote:6-3

          Urgency:     No                   State Mandated Local Program:  
          No     Reimbursable:              No

           SUMMARY  

          This bill delays the effective date of a quitclaim deed for a  
          lease with the State Lands Commission (commission) until the  
          lessee reclaims or restores the land.  Specifically, this bill:

             1)   Delays the effective date of a quitclaim deed for any  
               lease, including an oil, gas, geothermal or mineral lease,  
               with the commission until the leased land has been  
               reclaimed or restored, as approved by the commission.

             2)   Makes the quitclaim provisions applicable to any land  
               lease with the commission, regardless of the size of the  
               land in question or the type of resources extracted from  
               that land.

             3)   These provisions would only apply to new commission  
               leases.

           FISCAL EFFECT  

          Modest revenues, perhaps in the hundreds of thousands of dollars  
          annually, principally to the California State Teachers'  
          Retirement Fund.

           COMMENTS  

              1)   Rationale.   According to the commission-the sponsor of  
               this bill-the changes proposed by this bill are necessary  
               to give the commission greater administrative control of  
               lands leased from the commission during the time that those  
               lands undergo reclamation and restoration.  Existing law  








                                                                  AB 368
                                                                  Page  2

               authorizes the commission to lease state sovereign and  
               "school lands"-land ceded to the state by the federal  
               government for the benefit of public education-for mining  
               and other purposes. During the mine's operation, the lessee  
               pays rent and royalties on the leased land per the terms of  
               the lease.  In addition, the lessee is required to maintain  
               insurance and bonding for the land.

               Current law allows the lessee to file a quitclaim at any  
               time, at which point the lessee is no longer obligated to  
               pay rent on the land. However, the lessee may reclaim and  
               restore the mined land for many years after it has filed  
               its quitclaim, during which time the state is unable to  
               collect rent on the land or authorize the land for other  
               use. In addition, the lessee is not required to maintain  
               insurance and bonding once the quitclaim is filed, exposing  
               the state to financial risk from personal injury and  
               property damage during the reclamation period. 
               The commission claims that extending the effective date of  
               the quitclaim until after completion of reclamation and  
               restoration of the leased land, per commission approval,  
               would allow the state to continue to generate revenue from  
               the leased land. The extension would also extend a lessee's  
               obligation to maintain insurance and bonding for the leased  
               land throughout reclamation and restoration, thereby  
               lessening the state's financial risk.

              2)   Revenue from leased lands mainly benefits teachers.   In  
               1853, congress passed the School Land Bank Act, which ceded  
               certain lands to the states for the benefit of public  
               education. The act requires the commission to manage these  
               school lands-in California today, mainly isolated tracts of  
               desert land-to the economic benefit of the public school  
               system. All revenue generated by school lands is deposited  
               in the California State Teachers' Retirement System. 
                
                Revenue generated on sovereign state lands-mainly state  
               coastal lands-goes to the General Fund. However, the  
               commission claims that lessees on sovereign lands generally  
               have not quitclaimed until after reclamation is complete,  
               and so expects little change in the amount of General Fund  
               revenue as a result of this bill.

           Analysis Prepared by  :    Jay Dickenson / APPR. / (916) 319-2081