BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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                                 THIRD READING


          Bill No:  SB 965
          Author:   DeSaulnier (D), et al
          Amended:  4/7/10
          Vote:     21

           
           SENATE TRANSPORTATION & HOUSING COMMITTEE :  8-0, 4/13/10
          AYES:  Lowenthal, Huff, Ashburn, DeSaulnier, Kehoe,  
            Oropeza, Pavley, Simitian
          NO VOTE RECORDED:  Harman

           SENATE APPROPRIATIONS COMMITTEE  :  8-1, 4/26/10
          AYES:  Kehoe, Alquist, Corbett, Denham, Leno, Price, Wolk,  
            Yee
          NOES:  Cox
          NO VOTE RECORDED:  Walters, Wyland


           SUBJECT  :    High-speed rail

           SOURCE  :     Author


           DIGEST  :    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 Station and  
          Anaheim via the San Joaquin Valley.  In January 2010, the  
                                                           CONTINUED





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          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:

          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  







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             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:

          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  







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             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's 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.    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.

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

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

          6. Requires the HSRA on December 31 following the  
             preparation of the plan, and annually thereafter to  
             submit 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. 

          7. 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  

           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 42-acre site in downtown San Francisco.  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  
          United States Department of Transportation is endeavoring  







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          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 bypass 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.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  No

          According to the Senate Appropriations Committee:

                         Fiscal Impact (in thousands)

           Major Provisions      2009-10     2010-11     2011-12      Fund  

          HSRA expenditure plan         likely in the range of  
          $100-$150           Bond*/
                                                              
          Federal**

          HSRA annual report            minor, ongoing costs to  
          report project      Bond*/
                              level progress data             
          Federal**

          *  High Speed Passenger Train Bond Fund
          ** ARRA funds

           SUPPORT  :   (Verified  4/26/10)

          California Council of Laborers
          State Building and Construction Trades Council
          Transbay Joint Powers Authority


          JJA:mw  4/27/10   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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