BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2011
                                                                  Page  1

          Date of Hearing:   April 24, 2012

                   ASSEMBLY COMMITTEE ON WATER, PARKS AND WILDLIFE
                                Jared Huffman, Chair
                    AB 2011 (Gatto) - As Amended:  April 18, 2012
           
          SUBJECT  :   Water conservation grants for local revolving fund 
          programs

           SUMMARY  :   Allocates $50 million from the Safe, Clean, and 
          Reliable Drinking Water Supply Act of 2012 (2012 Water Bond) to 
          fund grants that will allow local agencies to make low-interest 
          loans that assist their customers in carrying out water 
          conservation retrofit projects.  Specifically,  this bill  :  

          1)Allocates $50 million from the 2012 Water Bond, if it should 
            pass, to the Department of Water Resources (DWR) to establish 
            the CalConserve program.

          2)Provides that the CalConserve program shall provide grants to 
            urban retail water suppliers and agricultural water suppliers 
            for the implementation of local and regional water 
            conservation loan programs.

          3)Requires DWR to develop program criteria, including but not 
            limited to geographic distribution of funds and minimum 
            requirements for local revolving loan programs.

          4)Conditions grants to local water agencies on the following:

             a)   The local agency providing at least a 30% cost share 
               from nonstate sources;
             b)   Eligible projects demonstrating that they maximize 
               conservation benefits and are consistent with an adopted 
               integrated regional water management plan (IRWMP);
             c)   Eligible projects including, but not be limited to, 
               those that comply with DWR's model water efficient 
               landscape ordinance or an adopted local ordinance that is 
               at least as efficient as DWR's model landscape ordinance; 
               and,
             d)   A 15 year or less loan repayment period that may be paid 
               in equal installments added to a customer's regular bill.

          5)Requires DWR to establish a uniform low interest rate that 
            local agencies shall charge for loans that is equal to half of 








                                                                  AB 2011
                                                                  Page  2

            the most recent General Obligation Bond rate.

          6)Allows local water agencies administering revolving loan 
            programs to charge a reasonable administration fee repaid over 
            a loan's lifetime.

          7)Becomes inoperative on January 1, 2015 unless a general 
            obligation bond act containing the funds specified under this 
            title is passed.

           EXISTING LAW  :

          1)Places the 2012 Water Bond on the November 6, 2012 general 
            election and provides up to $11.4 billion in proceeds from the 
            sale of general obligation bonds.  

          2)Requires the state to achieve a 20% reduction in urban per 
            capita water use in California by December 31, 2020 and 
            requires each urban retail water supplier to comply with that 
            target.

           FISCAL EFFECT  :   Unknown

           COMMENTS  :   There is no existing program like CalConserve in 
          DWR, but comparisons to the State Water Resources Control 
          Board's Clean Water State Revolving Fund Program (CWSRF) are 
          useful.  The CWSRF received money from the federal government 
          pursuant to the Clean Water Act and disburses $200 to $300 
          million annually for the construction of publicly-owned 
          wastewater, stormwater, and water reclamation facilities.  The 
          CWSRF also charges a rate that is equivalent to 1/2 of the most 
          recent General Obligation Bond Rate.  

          In 2010 the federal government added a new CWSRF requirement 
          that, provided there were sufficient eligible projects, at least 
          20% of the grants should be used for projects to address green 
          infrastructure, water or energy efficiency improvements or other 
          environmentally innovative activities.  However, the federal 
          program does not allow for the funding of projects on private 
          property.  

           Support Arguments  :  The author states that while the Department 
          of Public Health and the State Water Resources Control Board 
          both administer grant programs which offer low-cost loans for 
          public entities to finance high water-use efficiency retrofits, 








                                                                  AB 2011
                                                                  Page  3

          there are no similar low-cost loan programs available to private 
          entities, including homeowners, to finance retrofits.  The 
          author also points out that a revolving fund would provide "a 
          self-renewing source of funding for water-use efficiency, which 
          would continue to be available to the public between water 
          bonds" while also "leveraging private investment in water-use 
          efficiency" and helping "cities, counties, and water districts 
          meet the state's 20% by 2020 water-use reduction goals."  
          Supporters state that "unfortunately, property owners are 
          finding themselves short on equity to draw from for these types 
          of home improvement projects.  AB 2011 establishes a new program 
          that would not only assist property owners with achieving water 
          efficient landscapes," it would also help homeowners "who need 
          to reach compliance with existing retrofit mandates."

           Why now?   There is great uncertainty at this point as to whether 
          the Water Bond will remain on the November 2012 ballot.  The 
          Water Bond was part of an historic 5-bill package of legislation 
          in 2009 aimed at resolving some of California's most pressing 
          water issues.  However, polling in 2010 revealed that with 
          California's economy in poor condition voters had little 
          appetite for an $11.4 billion bond.  In 2010, AB 1265 
          (Caballero) made some substantive changes to the bond language 
          and moved it to the November 2012 ballot.  However, the slow 
          economic recovery has once again called the viability of a bond 
          into question.

          This bill does not currently specify which title of the 2012 
          Water Bond would fund the CalConserve program. However, at least 
          one title explicitly directs $250 million towards expenditures, 
          grants, and loans for water conservation and water use 
          efficiency plans, projects, and programs.  Historically, DWR 
          administers those types of funds through competitive grants 
          aimed at projects and programs that are consistent with a water 
          agency's IRWMP.  This bill is consistent with that practice in 
          that it requires DWR to develop program criteria and specifies 
          that eligible projects must be consistent with an IRWMP.  
          Committee staff suggests that the bill be amended to clarify 
          which title of the 2012 Water Bond would fund CalConserve.

             
           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           








                                                                  AB 2011
                                                                  Page  4

          California Association of Realtors

           Opposition 
           
          None on file.
           
          Analysis Prepared by  :    Tina Cannon Leahy / W., P. & W. / (916) 
          319-2096