BILL ANALYSIS                                                                                                                                                                                                    



          
           AB 521
                                                                  Page  1

          CONCURRENCE IN SENATE AMENDMENTS
          AB 521 (De La Torre)
          As Amended  June 8, 2009
          Majority vote
           
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          |ASSEMBLY:  |67-12|(May 4, 2009)   |SENATE: |27-5 |(September 1,  |
          |           |     |                |        |     |2009)          |
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           Original Committee Reference:    U. & C.  

           SUMMARY:   Requires the California Public Utilities Commission  
          (PUC) to consider additional benefits when evaluating lease  
          proposals in order to encourage the use of utility property for  
          public parks.  Specifically,  this bill  :  

          1)Authorizes a public utility to lease real property to a  
            governmental entity for purposes of    maintaining a public  
            park, with the utility retaining a right-of-way easement.

          2)Requires PUC to include the community benefits, defined as  
            public health, environmental protection and building  
            recreational assets, of parks and open space as part of its  
            calculation in determining the fair value of the lease to  
            ratepayers. 
           
          The Senate amendments  are technical, clarifying amendments. 

           EXISTING LAW  prohibits public utilities from selling, leasing,  
          assigning, mortgaging, or otherwise disposing of or encumbering  
          the whole or any part of property necessary or useful in the  
          performance of its duties to the public without first having  
          secured approval from PUC. 

           AS PASSED BY THE ASSEMBLY  , this bill was substantially identical  
          to the bill as amended in the Senate.  

           FISCAL EFFECT  :  None 

           COMMENTS  :  The intent of this bill is to increase the likelihood  
          that utility owned property will be leased to local governments  
          to be used as parks and open space.  When considering a lease of  
          utility owned land for a commercial use, PUC looks at the  








          
           AB 521
                                                                  Page  2

          economic value of the land and if the lease will allow  
          ratepayers to recover that value.  This bill requires PUC to  
          consider non-economic factors in determining the economic value  
          of the lease for a public park.  These non-economic factors  
          could increase the benefit of leasing the land for a public park  
          and decrease the comparative benefit of a commercial use.

          Existing law requires that a public utility to obtain approval  
          from PUC before engaging in any transaction involving property  
          used to deliver service.  PUC has held that the primary question  
          in such proceedings is whether the proposed transaction is  
          adverse to the public interest, and has defined the public  
          interest as having been served when "utility property is used  
          for other productive purposes without interfering with the  
          utility's operation or affecting service to utility customers."

          Once the utility submits an application detailing the proposal  
          and the terms of the lease, PUC reviews it to ensure that it  
          does not interfere with the utility's ability to provide  
          adequate service to the public at reasonable rates.  The  
          monetary ratepayer impacts of such transactions are generally  
          positive in that they shift the costs of property ownership from  
          the utility to the lessee including the costs of insurance,  
          maintenance, and management, and therefore justify a lower lease  
          rate.   


           Analysis Prepared by  :    Nina Kapoor / U. & C. / (916) 319-2083


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