BILL ANALYSIS                                                                                                                                                                                                    




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair

                                           1250 (Ducheny)
          
          Hearing Date:  05/27/2010           Amended: As Introduced
          Consultant: Mark McKenzie       Policy Vote: Rev&Tax 5-0
          _________________________________________________________________ 
          ____
          BILL SUMMARY:   SB 1250 would expand the property tax exemption  
          currently provided to private operators of family housing on  
          military bases to include non-family housing.  The expansion of  
          this exemption would apply retroactively to projects for which a  
          contract was entered into on or after January 1, 2005.
          _________________________________________________________________ 
          ____
                            Fiscal Impact (in thousands)

           Major Provisions         2010-11      2011-12       2012-13     Fund
           Property tax backfill  future property tax loss to the extent  
          that                   General
                                 contracts are entered into for the  
          construction
                                 of additional non-family military housing  
          projects 
                                     ----------see staff  
          comments----------
          Staff notes that under Proposition 98, the General Fund  
          generally backfills schools for losses of property tax revenues.  
           Recent data indicates that approximately 38% of property tax  
          revenues go to schools.
          _________________________________________________________________ 
          ____

          STAFF COMMENTS:  SUSPENSE FILE.  

          Current law generally prohibits the taxation of property owned  
          by the federal government and other public land, but imposes a  
          "possessory interest" tax on federally-owned property used by a  
          private interest, such as a private lease of public land, if the  
          private use meets three tests of independence, durability, and  
          exclusivity.  Under the federal Military Housing Privatization  
          Initiative, which was enacted in 1996, the federal government  
          began privatizing military housing.  The authorization was  
          initially limited to agreements between the military and private  
          developers for ownership, maintenance, and operation of family  










          housing via a fifty-year lease.  In response, the Legislature  
          enacted SB 451 (Ducheny), Chapter 853 of 2004, which specified  
          that a private developer's interest in military family housing  
          is not "independent" for purposes of imposing a possessory  
          interest tax, and therefore exempt from the property tax.  This  
          exemption does not apply to unaccompanied housing for single  
          enlisted service members.

          In 2003, Congress authorized the Department of the Navy to  
          undertake up to three pilot projects for the privatization of  
          unaccompanied housing, such as bachelor enlisted quarters,  
          barracks, and dormitories.  The Navy selected a private  
          developer for a public-private venture to provide housing for  
          single military personnel at Naval Station San Diego.  This  
          project, Pacific Beacon LLC, privatized 258 units of Navy-owned  
          unaccompanied housing units and provides for the construction of  
          941 apartments at Naval Station San Diego, which the LLC will  
          own, operate, and mange for fifty years.  Construction broke  
          ground in January 2007 and was substantially completed in March  
          2009.  
          Page 2
          SB 1250 (Ducheny)

          SB 1250 would specify that there is no independent possession of  
          land or improvements that are due to a contract that includes a  
          lease for the development of housing for active duty military  
          personnel, or their dependents, or both, thereby exempting both  
          family and unaccompanied housing projects from property tax.   
          This bill would also apply the expansion of this exemption to  
          projects where the contract for the development of the land or  
          improvements was entered into on or after January 1, 2005.

          The Board of Equalization (BOE) estimates that this bill would  
          result in a property tax loss of approximately $2.1 million  
          annually.  Staff notes that the bill would be retroactive to  
          when the developer began construction in 2007.  San Diego County  
          levied assessments of approximately $1 million last year and  
          approximately $2 million this year on the Pacific Beacon  
          project, but none of these taxes have been paid to date.  This  
          bill would result in a loss of approximately $3 million in  
          foregone revenues by forgiving a past tax debt (approximately  
          $1.14 million of which would constitute a General Fund revenue  
          loss), and would exempt the property from future assessments of  
          approximately $2.1 million annually (approximately $798,000 of  
          which would accrue to schools), plus an annual growth factor.











          Staff notes that San Diego County has asked BOE for a legal  
          opinion of whether the Pacific Beacon project constitutes a  
          possessory interest under existing law.  BOE recently opined  
          that the arrangement between Pacific Beacon and the Government  
          does not result in the creation of a taxable possessory  
          interest, so any assessments on the property will be cancelled  
          and the project will be exempt from future property taxation.   
          However, to the extent this bill exempts future "bachelor  
          housing" developments on military bases from property tax, this  
          bill creates future General Fund impacts.