BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 822
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          Date of Hearing:   January 10, 2012

                       ASSEMBLY COMMITTEE ON HIGHER EDUCATION
                                 Marty Block, Chair
                  AB 822 (Block) - As Introduced:  February 17, 2011
           
          SUBJECT  :   Public postsecondary education facilities: 
          Kindergarten-University Public Education Facilities Bond Act of 
          2012.

           SUMMARY  :  Establishes the Kindergarten-University Public 
          Education Facilities Bond Act of 2012 (Act) and related 
          provisions to authorize an unspecified dollar amount of public 
          higher education facility general obligation (GO) bonds to be 
          submitted to the voters at the November 2012 election.  
          Specifically,  this bill  :

          1)Establishes the 2012 California Community College (CCC) 
            Capital Outlay Bond Fund and authorizes the deposit of an 
            unspecified dollar amount from the proceeds of bonds issued 
            and sold pursuant to this bill to be deposited into the fund 
            for the purposes of construction, renovation and 
            reconstruction of CCC facilities.   

          2)Establishes the 2012 University Capital Outlay Bond Fund and 
            authorizes the deposit of an unspecified dollar amount from 
            the proceeds of bonds issued and sold pursuant to this bill to 
            be deposited into the fund for the purposes of construction, 
            renovation, and reconstruction of the University of California 
            (UC), California State University (CSU), and Hastings College 
            of the Law facilities.

          3)Authorizes the proceeds from the sale of bonds sold for the 
            purposes of this bill to be used for the following purposes:

             a)   To fund construction on existing campuses, including the 
               construction of buildings and the acquisition of related 
               fixtures.

             b)   Construction of facilities that may be used by more than 
               one segment of public higher education.

             c)   Renovation and reconstruction of facilities.

             d)   Site acquisition.








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             e)   Equipping of new, renovated, or reconstructed 
               facilities, which equipment shall have an average useful 
               life of 10 years.

             f)   To provide funds for the payment of preconstruction 
               costs, including, but not limited to, preliminary plans and 
               working drawings for facilities.

          4)States legislative intent that UC, CSU, CCC, and Hastings 
            College of the Law consider the inclusion of joint use 
            facilities in their annual capital outlay planning process and 
            report their findings to the budget committees of each house 
            of the Legislature by May 15 of each year.

          5)Requires the bonds be submitted to voters for approval at the 
            November 6, 2012 statewide election, in accordance with 
            statutes governing the submission of a statewide measure to 
            voters.

           FISCAL EFFECT  :   Unknown but potentially significant.

           COMMENTS  :    Background  .  Since the late 1980s, the Legislature 
          has placed on the ballot and voters have approved bonds for 
          public higher education every two to four years.  The last 
          statewide general obligation bond, Proposition 1D (AB 127, 
          Nunez, Chapter 35, Statutes of 2006), was approved by voters in 
          November 2006, authorizing the sale of $10.4 billion in GO bonds 
          of which $3.087 billion was earmarked for higher education 
          facilities.  Of this amount, $1.5 billion was provided for CCC 
          facilities, $890 million was provided for UC, and $690 million 
          was provided for CSU.  All Proposition 1D higher education 
          facilities funds have been apportioned.  The provisions of this 
          bill are identical to the higher education-related provisions of 
          AB 127.  

          Since 2006, as the state's fiscal condition continued to 
          deteriorate, legislation needed to authorize education bonds was 
          not enacted.  Instead, since 2008 the segments have received 
          capital funding from lease-revenue bonds through the annual 
          budget acts; however, these funds have met less than half of the 
          segments' capital needs.  Bond funds, whether lease-revenue or 
          GO, are allocated through the budget process in accordance with 
          the segments' five-year capital facility plans.  









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           Need for this bill  .  According to the author, this bill is 
          focused on gaining more resources for the higher education 
          segments' capital outlay programs and will be amended to include 
          a specified dollar amount when UC, CSU and CCC have negotiated 
          an agreement.  The author also notes that capital outlay bonds 
          are particularly important for CSU, which cannot raise local 
          bond revenues like K-12 and CCC districts or sell its own bonds, 
          as can UC.

           Capital needs  .  The segments report the following capital needs:

          1)UC:  In its 2012-13 State Capital Financial plan, UC notes its 
            support for a four-year GO bond in 2012 and requests $1.3 
            billion in state funding in its 2012-13 capital budget request 
            for the following purposes: 52% for seismic and life-safety 
            improvements, 18% for program improvements, 17% for facilities 
            to meet enrollment needs, 12% for infrastructure deficiencies 
            and building renewal, and 1% facilities and infrastructure to 
            address future enrollment growth at the Merced and Riverside 
            campuses.  

          2)CSU: From 2010-11 through 2014-15, CSU will need approximately 
            $6.57 billion based on current fundable project 
            proposals-approximately $1.63 billion per year.  These funds 
            are needed to increase space to accommodate enrollment growth, 
            make life-safety and seismic improvements in existing 
            facilities, and to modernize facilities to maintain a quality 
            learning environment.

          3)CCC:  CCC estimates a $19.4 billion capital need over the next 
            10 years, which equates to a need for $3.9 billion of state GO 
            bond funding every two years.  CCC's 2012-13 capital budget 
            request includes 260 projects totaling $1.9 billion and 
            includes 86 state-funded projects at $785 million, including 
            $460 million of state funding and $325 million of local 
            funding. The remaining 174 projects are funded solely by the 
            districts at an additional $1.09 billion.  The majority of 
            CCC's capital needs are to increase instructional capacity and 
            to modernize instructional space.

           November ballot deadline  .  The last day for a legislative 
          measure to qualify for the November 6, 2012 General Election 
          ballot is June 28, 2012.

           Related legislation  .  There have been several efforts in recent 








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          years to authorize a Kindergarten-University GO bond, which have 
          failed to reach the Governor's desk due to the state's fiscal 
          situation. Currently, AB 331 (Brownley), which is pending in the 
          Assembly Education Committee, states legislative intent to 
          authorize a Kindergarten-University GO bond.  

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          Antelope Valley Community College District
          California Community Colleges, Chancellor's Office
          Community College League of California
          California State University
          Glendale Community College District
          Los Rios Community College District
          Mt. San Jacinto Community College District
          Yosemite Community College District 


           Opposition 
           
          None on file.

           
          Analysis Prepared by  :    Sandra Fried / HIGHER ED. / (916) 
          319-3960