BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 368
                                                                  Page 1


          ASSEMBLY THIRD READING
          AB 368 (Skinner)
          As Introduced  February 23, 2009
          Majority vote 

           NATURAL RESOURCES   6-3         APPROPRIATIONS      11-5        
           
           ----------------------------------------------------------------- 
          |Ayes:|Skinner, Brownley,        |Ayes:|De Leon, Ammiano,         |
          |     |Chesbro,                  |     |Charles Calderon, Davis,  |
          |     |De Leon, Hill, Huffman    |     |Fuentes, Hall, John A.    |
          |     |                          |     |Perez, Price, Skinner,    |
          |     |                          |     |Solorio, Torlakson        |
          |     |                          |     |                          |
          |-----+--------------------------+-----+--------------------------|
          |Nays:|Gilmore, Knight, Logue    |Nays:|Nielsen, Duvall, Harkey,  |
          |     |                          |     |Miller, Audra Strickland  |
           ----------------------------------------------------------------- 

           SUMMARY  :  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 State Lands Commission  
          (Commission) until such time that the lessee reclaims or  
          restores the lease premises as approved by the Commission.   
          Releases, upon Commission approval, the lessee from all  
          obligations with respect to the lands quitclaimed.  Generalizes  
          this authority so that it applies to any land lease regardless  
          of size or resource extracted.

           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  








                                                                  AB 368
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            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.

           FISCAL EFFECT  :  According to the Assembly Appropriations  
          Committee, modest revenues, perhaps in the hundreds of thousands  
          of dollars annually, principally to the California State  
          Teachers' Retirement Fund.

           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,  
          sponsor of this bill, states that at least two lessees currently  
          fall into this category.

          Prior to conducting surface mining operations, SMARA,  
          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.

          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  








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          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 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.

          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 fiscal year 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.

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


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