BILL ANALYSIS                                                                                                                                                                                                    �



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          ASSEMBLY THIRD READING
          AB 2267 (Hall)
          As Amended  April 26, 2012
          Majority vote 

           WATER, PARKS & WILDLIFE        12-0                 
          APPROPRIATIONS      17-0        
           
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          |Ayes:|Huffman, Halderman,       |Ayes:|Fuentes, Harkey,          |
          |     |Blumenfield, Campos,      |     |Blumenfield, Bradford,    |
          |     |Fong, Beth Gaines,        |     |Charles Calderon, Campos, |
          |     |Williams, Roger           |     |Davis, Donnelly, Gatto,   |
          |     |Hern�ndez, Hueso, Jones,  |     |Ammiano, Hill, Lara,      |
          |     |Lara, Yamada              |     |Mitchell, Nielsen, Norby, |
          |     |                          |     |Solorio, Wagner           |
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :  Revises requirements of an existing program governing 
          partial removal of offshore oil structures by modifying the 
          calculation of cost savings which are to be shared with the 
          state, the determination of net environmental benefit, and 
          requirements for indemnification of the state from liability.  
          Specifically,  this bill  :

          1)Revises the calculation of "cost savings" for purposes of the 
            partial oil structure removal program to include consideration 
            of all costs to the applicant of participation in either the 
            partial or full removal program.

          2)Provides that for applications for partial removal submitted 
            on or before January 1, 2017, the costs to the applicant of 
            providing surety bonds or other forms of financial assurances 
            to cover the state's program costs, the costs to the first 
            applicant to cover the state's startup costs, and the costs of 
            providing indemnity agreements to the state, shall be included 
            in the calculation of cost savings.   

          3)Revises the factors to be taken into account in determining 
            "net benefit to the marine environment" to include air quality 
            impacts, and requires the Ocean Protection Council (OPC) to 
            consult with the Air Resources Board (ARB) in determining the 
            criteria for evaluating net environmental benefit.









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          4)Makes other technical changes. 

           EXISTING LAW  :

          1)Authorizes partial removal of a decommissioned offshore oil 
            platform, as an alternative to full removal, if specified 
            conditions are met, including but not limited to, a finding by 
            the OPC that partial removal would result in a net 
            environmental benefit to the marine environment as compared to 
            full removal.

          2)Requires that a portion of the cost savings to the applicant 
            be shared with the state, with the state's share ranging from 
            55% to 80% based on the date of application.  Requires that 
            the state's share be apportioned as follows:  10% to the state 
            General Fund, 2% to the Fish and Game Preservation Fund, 85% 
            to the California Endowment for Marine Preservation, 2% to the 
            Coastal Act Services Fund, and 1% to the board of supervisors 
            of the local county.

          3)Requires an applicant for partial removal of an offshore oil 
            structure, as a condition for approval, to enter into an 
            agreement with the state to indemnify the state and DFG from 
            liability, to the extent permitted by law, for any claims 
            against the state for actions the state undertakes in 
            implementing the program.  Among other things, the program 
            requires DFG to take over title to, and responsibility for, 
            management of the remaining structure.

           FISCAL EFFECT  :  According to the Assembly Appropriations 
          Committee, this 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 follows, 
          consistent with existing law:  85% to the California Endowment 
          for Marine Preservation; 10% to the General Fund; 2% each to the 








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          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.  This bill may also result in minor, 
          absorbable costs to the ARB to consult with OPC (special fund).

           COMMENTS  :  AB 2503 (John A. P�rez), Chapter 687, Statutes of 
          2010, enacted the California Marine Life Legacy Act, authorizing 
          partial removal as an alternative to full removal of 
          decommissioned offshore oil structures if certain conditions are 
          met.  Conditions include a finding that conversion to an 
          artificial reef would provide a "net benefit" to the marine 
          environment as compared to complete removal of the facility from 
          the marine environment, and requires a portion of the cost 
          savings to the operator be shared with the state, with a portion 
          being credited to the state General Fund, and a portion to a 
          California Endowment for Marine Preservation.  The amount of the 
          cost savings required to be shared with the state and the 
          Endowment increases over time from 55% if the application is 
          submitted before 2017, to 65% if submitted after 2017 but before 
          2023, and 85% if submitted on or after 2023.  This bill makes 
          revisions to several of the provisions of AB 2503.

          Supporters emphasize this bill is needed to ensure that all 
          actual costs incurred by applicants are considered in 
          determining the cost savings that are shared with the state and 
          the environmental endowment.  Supporters believe by allowing 
          these costs to be included it will create a greater incentive 
          for owners of oil platforms to submit applications for partial 
          removal and to do so at an earlier date.  Supporters also assert 
          that all environmental impacts, including air quality impacts 
          and the carbon footprint of removal, should be considered in 
          determining the net environmental benefit of partial versus full 
          removal.

          Amendments taken in the policy committee provide that the 
          allowances for certain costs to be considered in the calculation 
          of cost savings apply only for applications submitted on or 
          before January 1, 2017. 


           Analysis Prepared by  :    Diane Colborn / W., P. & W. / (916) 
          319-2096 










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