BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2267
                                                                  Page  1

          Date of Hearing:   May 16, 2012

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                    AB 2267 (Hall) - As Amended:  April 26, 2012 

          Policy Committee:                              Water, Parks and 
          Wildlife     Vote:                            12-0

          Urgency:     No                   State Mandated Local Program: 
          No     Reimbursable:              No

           SUMMARY  

          This bill revises provisions of an existing program that allows 
          the partial removal of offshore oil structures, which includes 
          the requirement that those seeking to partially remove a 
          structure share with the state the cost savings of not having to 
          completely remove the structure.  Specifically, this bill:

          1)Modifies the definition of "cost savings" to include the costs 
            to the applicant of participating in either the full structure 
            removal program or the partial structure removal program.

          2)For applications submitted on or before January 1, 2017, 
            specifies that calculation of cost saving include costs of (a) 
            providing surety bonds or similar assurance that the applicant 
            will cover the cost to Department of Fish and Game (DFG) and 
            all reviewing agencies to carry out environmental reviews and 
            other administrative actions; (b) providing DFG's program 
            startup costs, to be paid by the first applicant; and (c) 
            providing indemnification to the state and the department 
            against any and all liability.

          3)States that DFG shall not reimburse the costs of an applicant 
            who applies on or before January 1, 2017, and who is a first 
            applicant to cover DFG's startup costs.

          4)Adds air quality effects to the criteria to be considered by 
            the Ocean Protection Council (OPC) when determining whether 
            the partial removal of an offshore oil structure provides a 
            net environmental benefit and adds the Air Resources Board 
            (ARB) to the list of entities the OPC must consult with when 
            determining a proposed project's net environmental benefit.








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           FISCAL EFFECT  

          1)Under the offshore oil structure removal program, an applicant 
            who realizes cost savings, as defined in statute, shares those 
            cost savings with the state.  Because this bill increases the 
            items to be considered in determining the cost to an applicant 
            to participate in the program, the bill has the potential to 
            reduce the amount of cost savings realized from partial 
            removal of an offshore oil structure and, therefore, the 
            amount of money to be shared with the state.   

            The amount by which this bill will reduce cost savings that 
            must be shared with the state is unknown, but may total in the 
            millions of dollars.  Such a reduction will occur to the 
            extent an applicant, who would have applied on or before 
            January 1, 2017, for permission to partially remove an 
            offshore oil structure absent this bill, applies to partially 
            remove an offshore oil structure pursuant to the provisions of 
            this bill. 
            Whatever the amount of reduced cost savings shared with the 
            state, the reduction will occur proportionally, as follow, 
            consistent with existing law:  85% to the California Endowment 
            for Marine Preservation; 10% to the General Fund; 2% each to 
            the Fish and Game Preservation Fund and the Coastal Act 
            Services Fund; and 1% to the board of supervisors of the 
            county in which a project occurs.

          2)Minor, absorbable costs to ARB to consult with OPC (special 
            fund).  

           COMMENTS  

           1)Rationale  .  The author contends it appropriate that all actual 
            costs incurred by an applicant to partially remove an offshore 
            oil structure be considered when determining the cost savings 
            that must be shared with the state and that OPC consider air 
            quality effects when determining a projects net environmental 
            benefit.

           2)Background.   AB 2503 (J. Perez, Chapter 687, Statutes of 2010) 
            enacted the California Marine Life Legacy Act.  The act 
            establishes a program under which an offshore oil platform 
            owner is allowed to partially remove a platform, leaving 
            behind some of the underwater structure for marine habitat.  








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            The owner could voluntarily apply to DFG to partially remove 
            such a structure and, if certain conditions are met, including 
            determination by OPC of net environmental benefit, partially 
            remove the structure.  

            Offshore oil structure owners might realize savings in the 
            tens-to-hundreds of millions of dollars by partially removing 
            decommissioned oil structures, as opposed to fully removing 
            them.  The act requires any cost savings, as defined by the 
            act, be shared with the state in a percentage dependent on the 
            timing of the application for partial removal: 57% of cost 
            savings for applications submitted before 2017, 65% for 
            applications submitted between 2017 and 2023, and 80% for 
            those submitted after 2023.  The state's share of cost savings 
            is to be apportioned, as follows:  85% to the California 
            Endowment for Marine Preservation; 10% to the General Fund; 2% 
            each to the Fish and Game Preservation Fund and the Coastal 
            Act Services Fund; and 1% to the board of supervisors of the 
            county in which a project occurs.

           3)Support  .  This bill is supported by the Coalition for Enhanced 
            Marine Resources and the Sportfishing Conservancy (sponsors 
            both), as well California Ships to Reefs, Inc.

           4)There is no opposition formally registered to this bill.  

           Analysis Prepared by  :    Jay Dickenson / APPR. / (916) 319-2081