BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair


          AB 642 (Calderon) - Renewable energy: biomass: algae.
          
          Amended: June 28, 2012          Policy Vote: NR&W 5-3
          Urgency: No                     Mandate: No
          Hearing Date: August 16, 2012                          
          Consultant: Brendan McCarthy    
          
          SUSPENSE FILE.
          
          
          Bill Summary: AB 642 would authorize the Secretary of the 
          Natural Resources Agency to establish a program to provide 
          financial support for the development of commercial algae 
          production in the area around the Salton Sea.

          Fiscal Impact: The bill would authorize, but does not require, 
          the Secretary of the Natural Resources Agency to establish an 
          Algae Production Program. If the Secretary elects to establish 
          such a program, the following fiscal impacts are likely to 
          occur:

              One-time costs to the Natural Resources Agency and other 
              state agencies totaling about $300,000 to complete a report 
              on the program (Environmental License Plate Fund or other 
              unknown fund source).

              One-time costs to the Natural Resources Agency of about 
              $300,000 to adopt regulations governing the program 
              (Environmental License Plate Fund or other unknown fund 
              source).

              Unknown ongoing costs to make grants to research 
              institutions and commercial algae producers, likely in the 
              millions per year (unknown fund source).

              Unknown administrative costs to oversee grant making and 
              payment of royalties to the state, likely in the range of 
              $150,000 for every $1 million to $3 million in grants made 
              (unknown fund source).

              Unknown royalty revenues to the state from successful 
              commercial algae production projects (General Fund).








          AB 642 (Calderon)
          Page 1



          Background: Because the Salton Sea is a terminal water body, 
          with no outlet and very high evaporation rates, the salinity 
          level in the Sea is continually increasing. In addition, water 
          transfers out of the Imperial Valley, coupled with more water 
          efficient farming practices, are reducing the flow of water into 
          the Salton Sea. Additionally, high levels of nutrients in 
          agricultural runoff and partially treated sewage discharges mean 
          that the Salton Sea has very high nutrient levels. In 
          combination, these factors are leading to a saltier Sea with a 
          receding shoreline and extensive algal blooms. These factors are 
          degrading both water quality and air quality in and around the 
          Salton Sea.

          Under the Quantification Settlement Agreement of 2003, the 
          Legislature directed the Secretary of Resources to develop a 
          plan for the restoration of the Salton Sea. The plan, which was 
          submitted to the Legislature in 2007, recommended a $9 billion 
          Preferred Alternative restoration plan. Since that time, the 
          Legislature has not taken action on the restoration of the 
          Salton Sea.

          Proposed Law: AB 642 would authorize, but does not require, the 
          Secretary of the Natural Resources Agency to establish a program 
          to provide grants to research institutions and commercial 
          enterprises that would lead to the development of commercial 
          production of algae in the areas surrounding the Salton Sea. The 
          intent of the program is to improve air quality, improve water 
          quality, present new options for the restoration of the Salton 
          Sea, and demonstrate the scalability of agricultural algae 
          production.

          If the Secretary elects to establish the program, the bill would 
          require the Secretary to complete a report to the Legislature by 
          July 1, 2013 that addresses a series of specified issues 
          relating to the program and the benefits of commercial algae 
          production in the area.

          If the Secretary elects to establish the program, the bill would 
          require the Secretary to adopt regulations to govern the grant 
          program by July 1, 2014. The bill specifies certain criteria to 
          be covered by the regulation, including a requirement for 
          royalty payments to the state from commercially viable projects.









          AB 642 (Calderon)
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          The bill specifies that any royalties received by the state 
          shall be deposited in a new special fund and dedicated for 
          Salton Sea restoration activities.

          Related Legislation: 
              SB 1018 (Committee on Budget, Statutes of 2012) the 
              resources budget trailer bill, creates a January 1, 2013 
              sunset date for the existing Salton Sea Restoration Council.
              AB 939 (V.M. Perez) would assign most of the responsibility 
              for restoring the Salton Sea from the state to the Salton 
              Sea Authority, a local joint powers authority. (However, the 
              state would likely retain financial responsibility for the 
              restoration.) That bill will be heard in this committee.