BILL ANALYSIS                                                                                                                                                                                                    






           SENATE TRANSPORTATION & HOUSING COMMITTEE       BILL NO: SB 965
          SENATOR ALAN LOWENTHAL, CHAIRMAN               AUTHOR:  desaulnier
                                                         VERSION: 4/7/10
          Analysis by: Art Bauer                         FISCAL:  yes
          Hearing date: April 13, 2010









          SUBJECT:

          High-speed rail

          DESCRIPTION:

          This bill encourages the timely development of high-speed rail  
          to enhance job creation and establishes reporting requirements.

          ANALYSIS:

          Proposition 1A- the Safe, Reliable High-Speed Passenger Train  
          Bond Act for the 21st Century of 2008 (Proposition 1A)  
          identifies the Phase I corridor for high-speed rail as an  
          alignment from the San Francisco Transbay Terminal to the Los  
          Angeles Union State and Anaheim via the San Joaquin Valley.  In  
          January 2010, the High-Speed Rail Authority (HSRA) received an  
          American Recovery and Reinvestment Act (ARRA) grant of $2.25  
          billion to aid in the development of the Phase I project. Of  
          that amount, $400 million is for constructing the basement of  
          the new Transbay Terminal in San Francisco to accommodate  
          high-speed trains. According to the Federal Railroad  
          Administration (FRA) announcement of its ARRA award, the  
          remaining $1.85 billion is for purchasing right-of-way,  
          constructing track, signaling systems, and stations, and  
          completing environmental reviews and engineering documents for  
          the Los Angeles/Anaheim segment, the San Francisco/San Jose  
          segment, the Fresno/Bakersfield segment, and the Merced/Fresno  
          segment. 

          Existing law relating to high-speed rail:





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             1)   Creates the HSRA with a nine-member governing board,  
               including five members appointed by the governor, two  
               members appointed by the Senate Rules Committee, and two  
               members appointed by the Speaker of the Assembly.

             2)   Authorizes the HSRA to develop a high-speed rail system  
               extending from San Diego to Sacramento with Phase I being  
               between Anaheim-Los Angeles Union  
               Station-Bakersfield-Fresno-San Jose-San Francisco Transbay  
               Terminal. 

             3)   Provides up to $9 billion in Proposition 1A bond funds  
               for the development of the high-speed rail system, but  
               limits the expenditure of bond revenues for the  
               construction of the high-speed rail system to not more than  
               50 percent of the cost of building the system and not more  
               than ten percent of bond proceeds to environmental studies,  
               planning, and preliminary engineering.

             4)   Creates an independent peer review committee for the  
               purpose of reviewing the planning, engineering, and  
               financing and issuing an analysis of the viability of the  
               HSRA's financing plan, including the funding for each  
               corridor. 

             5)   Requires that 90 days prior to submitting to the  
               governor a request for an appropriation of bond proceeds  
               for capital expenditures, the HSRA shall convene the peer  
               review committee to review the detailed funding plan for  
               the proposed project. 

             6)   Defines capital costs as the costs associated with the  
               acquisition of right-of-way and real property, construction  
               of tracks, structures, power systems, and stations,  
               acquisition of rolling stock, and the mitigation of direct  
               and indirect environmental impacts

             7)   Prohibits state, local, or federal operating subsidies  
               for the high-speed rail service. 

             8)   Authorizes the HSRA to enter into contracts with private  
               or public entities for the design, construction, and  
               operation of high-speed trains. 

           This bill  :
          




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             1)   Makes findings and declarations regarding the importance  
               of high-speed rail as a transportation facility to  
               California and as a potential source of jobs to the state. 

             2)   Authorizes the HSRA to expend ARRA funds, upon  
               appropriation by the Legislature, for conducting  
               environmental studies, planning analyses, and preliminary  
               engineering activities. 

             3)   Authorizes the HSRA to use ARRA funds for capital  
               expenditures, if matched by Proposition 1A bond funds,  
               consistent with the requirements for a peer review and  
               appropriation by the legislature.

             4)   Requires the HSRA to take actions that ensure federal  
               funds are obligated and expended in a manner that meets all  
               federal guidelines, maximizes job creation in the state,  
               expedites projects that improve rail-highway safety,  
               mobility, and performance, and makes the most efficient use  
               of Proposition 1A bond funds, including replacing bond  
               funds for project expenditures with federal funds where  
               feasible. 

             5)   Requires the HSRA, within 60 days of the enactment of  
               this bill or finalizing a cooperative agreement with FRA  
               for the use of ARRA funds, which ever occurs later, to  
               submit to the Legislative Analyst Office (LAO) and the  
               fiscal committees and the policy committees of the  
               Legislature having jurisdiction over transportation issues  
               an adopted expenditure plan. The expenditure plan shall  
               include:

                     A description of the projects proposed for funding,  
                 including a discussion of the projects' independent  
                 utility, the projects' location, the amount of federal,  
                 state, and private funds proposed to be committed to each  
                 project.

                     A project schedule with milestones and project  
                 completion dates for each project.

                     An estimate of the number of jobs the projects  
                 create in the state.

             1)    Requires the HSRA on December 31st following the  
               preparation of the plan, and annually thereafter to submit  




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               to the LAO and the fiscal committees and the policy  
               committees of the Legislature having jurisdiction over  
               transportation issues an adopted progress report on the  
               status, budget and expenditures for each project. 

             2)   Exempts the Transbay Terminal Joint Powers Agency from  
               the requirements of this bill if the ARRA funds for that  
               project flow through the HSRA.

          COMMENTS:

              1)   Purpose  . The purpose of this bill is to encourage the  
               HSRA to expedite the use of ARRA funds in order to take  
               advantage of the job creation potential of high-speed rail  
               projects and to improve the accountability of the HSRA's  
               project management responsibilities.

              2)   Jobs and the high-speed rail project  . One of the  
               objectives of this bill is to encourage the HSRA to deliver  
               the high-speed rail project for purposes of job creation.  
               The HSRA estimates that the construction of both Phase I  
               and the remaining corridors to San Diego and Sacramento  
               will create 600,000 construction jobs. The synergies among  
               various sectors of the economy are estimated to result in  
               the creation of 450,000 permanent jobs.

              3)   HSRA and accountability  . Another objective of this bill  
               is to ensure accountability of the HSRA to the Legislature  
               and the public with regard to spending the ARRA funds. This  
               committee has held two hearings HSRA business plans  
               prepared at the request of this committee, but to date the  
               HSRA has not produced a business plan that is acceptable to  
               the committee. This bill endeavors to impose accountability  
               at the project level through the creation of an expenditure  
               plan upon finalizing a cooperative agreement for expending  
               the ARRA funds. On the basis of the expenditure plan, the  
               bill requires the submittal to the Legislature on each  
               December 31st an adopted progress report on the status of  
               each project. In addition, the bill ensures that the peer  
               review process will be employed when projects are funded by  
               both ARRA and bond funds. 

              4)   Facilitating transfer of ARRA funds to the Transbay  
               Terminal  . The Transbay Terminal is a regional intermodal  
               transfer facility that includes office towers and housing  
               on a forty-two acre site in downtown San Francisco.  




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               Proposition 1A stipulates that the terminal is the Northern  
               California terminus for Phase I of the high-speed rail  
               service. The Transbay Terminal Joint Powers Agency, the  
               governing agency for the Transbay Terminal project,  
               submitted an application for ARRA funding and was awarded  
               $400 million, which FRA included in its $2.25 billion award  
               to the HSRA. The U.S. Department of Transportation is  
               endeavoring to find a means of transferring the grant  
               directly to the Transbay Terminal project, bypassing the  
               HSRA and the state. In the event, the FRA is unable to  
               by-pass the state and the HSRA is used as a conduit for  
               transferring the funds to Transbay, this bill then exempts  
               from its provisions any funds so awarded to Transbay.

          POSITIONS:  (Communicated to the Committee before noon on  
          Wednesday,  
                     April 7, 2010)

               SUPPORT:  None received.

               OPPOSED:  None received.