BILL ANALYSIS                                                                                                                                                                                                    



          
           AB 2362
                                                                  Page  1

          CONCURRENCE IN SENATE AMENDMENTS
          AB 2362 (Skinner and Blakeslee)
          As Amended  July 1, 2010
          Majority vote
           
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          |ASSEMBLY:  |     |(June 2, 2010)  |SENATE: |34-0 |(August 9,     |
          |           |     |                |        |     |2010)          |
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               (vote not relevant)

          Original Committee Reference:    REV. & TAX.

          SUMMARY  :  Allows redevelopment funding to be used to  
          rehabilitate a "soft-story building." Defines a "soft-story  
          building" as a wood frame, multi-unit residence built prior to  
          January 1, 1978, where the ground floor of the structure  
          contains parking or other open floor space that causes soft,  
          weak, or open front wall lines. 
           
          The Senate amendments  delete the Assembly version of the bill,  
          and instead: 

          1)Clarify that redevelopment funding may be used to rehabilitate  
            a "soft-story building."

          2)Define a "soft-story building" as a wood frame, multi-unit  
            residence built prior to January 1, 1978, where the ground  
            floor of the structure contains parking or other open floor  
            space that causes soft, weak, or open front wall lines. 

          3)Correct cross-references to the California State Building  
            Code.   
           
           EXISTING LAW  allows redevelopment funds to be used to  
          rehabilitate or construct buildings in a project area to bring  
          the building in to seismic compliance. 
           
          AS PASSED BY THE ASSEMBLY  ,  this bill created a 10-year new  
          construction exclusion from property tax for improvements made  
          to pre-1978 wood frame multi-unit residential buildings,  
          so-called "soft-story buildings," as specified.  
           
          FISCAL EFFECT  :  None  








          
          AB 2362
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          COMMENTS  :  According to the author, "The United States  
          Geological Society, California has said that there is a 99.7%  
          chance that it will be hit by an earthquake of 6.7 magnitude or  
          higher in the next thirty years.  Wood-frame, multi-unit  
          residential buildings with soft, weak or open-front first  
          stories, commonly known as soft-story buildings, have a great  
          likelihood of collapse if an earthquake of 6.7 magnitude or  
          higher occurs.  Of the 16,000 housing units that were rendered  
          uninhabitable by the Loma Prieta earthquake, 7,700 housing units  
          were in soft-story buildings.  Thirty-four thousand housing  
          units that were rendered uninhabitable in the Northridge  
          earthquake were soft-story buildings.  Soft-story buildings have  
          made up a large majority of the buildings that are destroyed by  
          a major earthquake.  Moreover, major earthquakes often make  
          these buildings uninhabitable for residents and therefore  
          displace hundreds of thousands of residents. According to the  
          State of California, Multi-Hazard Mitigation Plan of 2007, there  
          are 46,000 soft-story buildings in seismically unstable areas of  
          the state.  Those buildings have over 730,000 residential units  
          and over a million residents."  


           As passed by the Assembly, this bill would have allowed for an  
          exclusion from property tax assessment for the portion of  
          reconstruction or improvement made to a soft-story building.  A  
          soft-story building is defined as a wood frame, multi-unit  
          residential building constructed before January 1, 1978, where  
          the ground floor portion of the structure contains parking or  
          other similar open floor space.

          The Senate amendments delete the contents of the bill and allow  
          redevelopment agencies to use redevelopment funds to  
          rehabilitate a soft-story building as defined above, within a  
          project area. When a redevelopment agency is rehabilitating or  
          constructing buildings in a project area, the agency can provide  
          for seismic retrofits.  State law requires the seismic retrofit  
          work to follow the requirements of the building codes that apply  
          to unreinforced masonry buildings, historical buildings, and  
          other buildings.  The current law doesn't mention soft-story  
          buildings; this bill adds soft-story buildings to existing law. 


            Analysis Prepared by  :    Lisa Engel / H. & C.D. / (916)  








          
           AB 2362
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          319-2085 



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