BILL ANALYSIS
Senate Appropriations Committee Fiscal Summary
Senator Christine Kehoe, Chair
1715 (Fuentes)
Hearing Date: 6/28/2010 Amended: 5/5/2010
Consultant: Bob Franzoia Policy Vote: None
_________________________________________________________________
____
BILL SUMMARY: AB 1715, an urgency measure, would appropriate
$998,377.23 from various funds to the Victim Compensation and
Government Claims Board (board) to pay claims accepted by the
board.
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Fiscal Impact (in thousands)
Major Provisions 2010-11 2011-12 2012-13 Fund
Appropriations $964 General
$34 Special
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STAFF COMMENTS: Pursuant to the committee's rules, the Suspense
File rule does not apply to the provisions of this bill as
claims are considered valid obligations of the state.
Additionally, claims may have time sensitivity.
The State Board of Control was established in 1945. It was
revised and renamed the California Victim Compensation and
Government Claims Board by Chapter 1016/2000 (AB 2491, Jackson).
Government Code 13928 requires the board to ensure that all
claims which have been approved by the board, and for which
there exists no legally available appropriation, are submitted
for legislative approval at least twice during each calendar
year.
The re-issuance of stale-dated warrants is one type of claim to
be paid pursuant to this bill. For stale-dated warrants, the
Controller must confirm that (1) the check was not cashed and
has not been issued and (2) more than three years have elapsed
since the check was issued and the monies have reverted to the
General Fund. For these warrants an appropriation is needed to
reissue the payment. This category also may include state
treasury bonds that have not been redeemed within ten years of
their maturity date, but the majority of warrants are checks.
For this bill, there are 217 claims payable from the General
Fund totaling $963, 914. 25. There are 40 claims payable from
other funds totaling $34,462.98. Those special funds include
Health Care Deposit Fund, Public Employees Health Care Fund,
State Highway Account in the State Transportation Fund, Motor
Vehicle Account in the State Transportation Fund and the
Employment Development Department Contingent Fund.
Stale dated warrants account for 238 claims totaling $701,124.
Unredeemed bonds account for 15 claims totaling $294,003.
Claims over $10,000 are the following:
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AB 1715 (Fuentes)
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| | | |
| Claim | Amount | Summary |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G581819 | $227,095.24|Stale Dated Warrant (2000 tax refund). |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G581713 | $100,500.00|Two Unredeemed Veterans Home Purchase |
| | |Municipal Bonds: $75,000.00, with a |
| | |maturity date of August 1, 1993, and |
| | |$25,500.00, with a maturity date of August |
| | |1, 1994, totaling $100, 500.00. |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G573484 | $100,000.00|Unredeemed State of California Municipal |
| | |Bond issued February 1, 1986, with a |
| | |maturity date of May 1, 1991. |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G581725 | $81,083.02|Stale Dated Warrant (2006 tax refund). |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G582288 | $52,100.00|Stale Dated Warrant (2004 tax refund). |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G579370 | $30,357.04|Stale Dated Warrant (2003 tax refund). |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G580030 | $25,587.17|State Dated Warrant (2002 tax refund). |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G582796 | $22,548.55|Three California Housing Finance Agency |
| | |Municipal Bonds: $5,000.00, $10,000.00, |
| | |and $10,000.00, with a maturity date of |
| | |February 1, 2000. The bonds were called |
| | |for early redemption on August 1, 1998, and |
| | |totaled $22,548.55. |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G576265 | $20,000.00|Unredeemed Bond, with a maturity date of |
| | |September 1, 1992. |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G579610 | $15,000.00|Unredeemed Bond, with a maturity date of |
| | |April 1, 1985. |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G575031 | $13,058.27|Stale Dated Warrant: Various payroll |
| | |warrants for the period from June, 2001 |
| | |through July, 2005. |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G575230 | $12,768.00|Stale Dated Warrant (2001 tax refund). |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G582532 | $11,255.72|Stale Dated Warrants: 2001 tax refund for |
| | |$2,317.00; 2002 tax refund for $5,226.72; |
| | |and 2003 tax refund for $3,712.00. |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G580387 | $10,574.81|Stale Dated Warrant (1999 tax refund). |
| | | |
|--------+------------+--------------------------------------------|
| | | |
|G579960 | $10,544.02|Stale Dated Warrant (2001 tax refund). |
| | | |
| | | |
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