BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1054
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          Date of Hearing:  January 9, 2012

                       ASSEMBLY COMMITTEE ON NATURAL RESOURCES
                                Wesley Chesbro, Chair
                   AB 1054 (Skinner) - As Amended:  January 4, 2012
           
          SUBJECT  :  Public lands:  oil and gas leases

           SUMMARY  :  Delays the effective date of a quitclaim filed to 
          terminate all or a portion of an oil, gas, geothermal, or 
          mineral lease with the State Lands Commission (Commission) until 
          such time that the lessee reclaims or restores the lease 
          premises as approved by the Commission.

           EXISTING LAW  :

          1)Requires a person, association, or corporation to obtain a 
            lease from the Commission to extract oil, gas, geothermal, or 
            mineral resources on lands under the Commission's 
            jurisdiction.

          2)Pursuant to the Cunningham-Shell Act of 1955, authorizes an 
            oil, gas, geothermal, or mineral mining lessee on Commission 
            land to, at any time, file with the Commission a quitclaim or 
            relinquishment of all rights under the lease or any portion of 
            the lease.  The quitclaim or relinquishment is effective on 
            the date of filing.  The lessee and its surety are subject to 
            the continued obligation to (a) make payment of all rentals 
            and royalties accrued before the filing and (b) to suspend or 
            abandon all wells in accordance with the applicable lease 
            terms and regulations. The quitclaim or relinquishment does 
            not release the lessee or its surety from any liability for 
            breach of any obligation of the lease existing at the time of 
            the filing.

          3)Pursuant to the Surface Mining and Reclamation Act of 1975 
            (SMARA), requires mine operators to obtain a mining permit 
            from a lead agency, submit a reclamation plan, and provide 
            financial assurances to the lead agency in the event that they 
            are unable to reclaim or restore the mined land.

          4)Grants administrative control of "school lands" to the 
            Commission.  School lands are lands granted to the state from 
            the federal government and held in trust to generate revenues 
            that benefit public schools.  Pursuant to the School Land Bank 








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            Act, the Commission is required to take all action necessary 
            to fully develop school lands into a permanent and productive 
            resource base for the benefit of the California State 
            Teachers' Retirement System (CalSTRS).

           THIS BILL:  

          1)Delays the effective date of a quitclaim filed to terminate 
            all or a portion of an oil, gas, geothermal, or mineral lease 
            with the State Lands Commission until such time that the 
            lessee reclaims or restores the lease premises as approved by 
            the Commission.

          2)Upon Commission approval, releases the lessee from all 
            obligations with respect to the lands quitclaimed.

          3)Generalizes this authority so that it clearly applies to any 
            land lease regardless of size or resource extracted.

           FISCAL EFFECT  :  Unknown

           COMMENTS  :

           1)Background.   This bill authorizes the state to collect rent 
            from lessees of mining operations until the land underlying 
            those operations is reclaimed or restored consistent with 
            existing law.  The bill also ensures that lessees are bound to 
            the insurance and bonding requirements of the lease during 
            reclamation, which will protect the state from liability. 
            Currently, any lessee can quitclaim or relinquish all rights 
            or legal claims to a lease at any time.  This quitclaim is 
            effective upon filing with the Commission.  Practically 
            speaking, a lessee is then under no obligation to pay rent or 
            maintain liability insurance during the time in which it 
            restores or reclaims the lease premises.  This issue is most 
            relevant during the reclamation of sand and gravel pits on 
            "school lands," which can take many years.  

            This bill is virtually identical to AB 368 (Skinner), which 
            was vetoed by Governor Schwarzenegger in 2009 with a veto 
            message that included the following:

               "It is unclear why this bill is needed, since I have not 
               seen, or have been provided, any evidence that would 
               indicate widespread abuse of mineral extraction leases held 








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               under existing law by the oil industry, the gas industry, 
               or the hard rock mining industry. Absent such evidence, 
               this bill appears to be a "solution" in search of a 
               "problem."

            The Commission staff in 2009, however, offered examples of 
            leases that were recently quitclaimed before reclamation to 
            illustrate the problem.  Additionally, staff has indicated 
            that there are new leases on the horizon that will require 
            significant reclamation.  Without this bill, the Commission 
            will likely receive no revenue from these new leases once they 
            go into reclamation even though the lessees remain on the 
            property.  What is probably more significant is that when a 
            quitclaim occurs, the lease's provisions that protect the 
            Commission and the state from liability arising from, for 
            example, personal injury or property damage are no longer 
            enforceable. 

           2)Bill will result in modest revenues to CalSTRS.   The 
            Commission manages approximately 468,600 acres of school lands 
            held in fee ownership by the state, and the reserved mineral 
            interests on approximately 790,000 acres of school lands where 
            the surface estate has been sold.  Most of these lands are 
            isolated, landlocked parcels in the desert regions of the 
            state; about a quarter of these lands, however, are leased for 
            revenue generating purposes.  These school lands are what 
            remain of the nearly 5.5 million acres originally granted to 
            the state by Congress in 1853 to benefit public education.  
            The School Land Bank Act requires the Commission to manage and 
            enhance school lands to provide an economic benefit to the 
            public school system.  All revenues generated from the use of 
            school lands must be deposited into the Teachers' Retirement 
            Fund (TRF), which benefits CalSTRS.  This bill is entirely 
            consistent with this mandate.

            This bill would result in a modest increase in rental revenue 
            to the TRF.  Quantifying this increase is difficult since this 
            bill would only apply to new leases, the acreage of which 
            cannot be predicted.  It is similarly challenging to predict 
            when new leases may terminate since they are dependent on 
            economical returns dedicated by market forces.  During FY 
            2010-11, the Commission collected $6,129,476 in rent and 
            royalties from school lands.

           REGISTERED SUPPORT / OPPOSITION  :








                                                                  AB 1054
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           Support 
           
          None on file

           Opposition 
           
          None on file

           
          Analysis Prepared by  :  Mario DeBernardo / NAT. RES. / (916) 
          319-2092