BILL ANALYSIS                                                                                                                                                                                                    �




                     SENATE GOVERNANCE & FINANCE COMMITTEE
                            Senator Lois Wolk, Chair
          

          BILL NO:  SB 436                      HEARING:  5/4/11
          AUTHOR:  Kehoe                        FISCAL:  No
          VERSION:  5/2/11                      TAX LEVY:  No
          CONSULTANT:  Detwiler                 

                        MITIGATION OF LAND USE DECISIONS
          

          Allows public agencies to provide funds to nonprofit 
          organizations for mitigation duties.


                           Background and Existing Law  

          When cities and counties approve land use projects, they 
          can require builders to set aside resource land or 
          easements to mitigate the conversion of other property to 
          development.  Sometimes public agencies impose mitigation 
          conditions to offset the effects of other agencies' public 
          works projects.  Rather than own and manage the mitigation 
          land or the easements themselves, public agencies can turn 
          over the property interests to nonprofit organizations that 
          meet statutory criteria (SB 2746, Blakeslee, 2006; AB 1246, 
          Blakeslee, 2007).

          In addition to requiring project sponsors to set aside 
          resource lands for mitigation purposes, sometime public 
          agencies also require applicants to set aside money to pay 
          for managing the land or easements.  A 2006 Legislative 
          Counsel opinion explained that the 2006 Blakeslee bill 
          allows the State Department of Fish and Game to authorize a 
          nonprofit corporation to hold and manage funds for the 
          operation and maintenance of the resource lands or 
          easements.  In 2010, the State Department of Fish and Game 
          set up a one-year pilot program with the National Fish and 
          Wildlife Foundation.  The Foundation will hold and manage 
          the mitigation lands which the Department required when 
          issuing permits under the California Endangered Species 
          Act.

          Land trusts want explicit statutory authority to hold and 
          manage the funds needed to manage resource lands set aside 
          for mitigation purposes.





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                                   Proposed Law  

          Senate Bill 436 allows state and local agencies to convey 
          to nonprofit organizations funds that have been set aside 
          for the long-term management of land or easements that have 
          been conveyed to those organizations.  SB 436 allows 
          agencies to provide funds to nonprofit organizations to 
          acquire land or easements to meet the agencies' mitigation 
          obligations.  The bill requires the nonprofit organizations 
          to manage those funds to further the managing and 
          stewarding of those lands or easements.  The agencies must 
          determine that the nonprofit organizations meets four 
          criteria involving managerial capacity, investment 
          capacity, accounting practices, and investment policies.  

          State or local agencies can contract with or designate 
          independent third parties to review nonprofit 
          organizations' land management qualifications, financial 
          management qualifications, adherence to statutory criteria, 
          and other performance indicators.  Agencies can require 
          administrative endowments to pay for these reviews.  
          Agencies can also require project proponents to provide for 
          initial management costs while the endowment matures.

          State or local agencies can require nonprofit organizations 
          to provide annual financial reports.  If a state or local 
          agency determines that there is a concern over the funds' 
          management, the bill allows the agency to review accounting 
          documents or require an audit report.  The funds held by 
          the nonprofit organization revert to the agency if the 
          nonprofit organizations stops operating, dissolves, becomes 
          bankrupt or insolvent, or fails to perform.  SB 436 allows 
          agencies to adopt guidelines for their financial reviews.

          The bill prohibits agencies from applying its provisions to 
          endowment funds held by the state in the Pooled Money 
          Investment Account on January 1, 2012.

          The bill's provisions automatically terminate on January 1, 
          2022, unless the Legislature extends that date.


                               State Revenue Impact
           
          No estimate.





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                                     Comments 

          1.   Purpose of the bill  .  Just as public agencies can turn 
          over mitigation property and easements to nonprofit 
          organizations, they should be able to turn over the funds 
          that are needed to manage those properties.  SB 436 extends 
          the Legislative Counsel's view that the State Department of 
          Fish and Game has this authority and explicitly allows any 
          state or local agency to send endowment dollars to help pay 
          for their mitigation duties.

          2.   What he said  .  SB 436 is similar in intent but 
          different in details to AB 444 (Blakeslee, 2010) which 
          passed with no "no" votes.  Nevertheless, Governor 
          Schwarzenegger vetoed last year's bill.  His veto message 
          supported allowing non-governmental groups to manage 
          mitigation funds, but said that the lack of adequate fiscal 
          assurances was "unacceptable."  The Governor directed the 
          State Department of Fish and Game to work with interested 
          parties to develop an alternative with sufficient 
          protections.

          3.   Recent amendments  .  The Senate Natural Resources and 
          Water Committee heard SB 436 at its April 26 hearing.  That 
          committee approved the bill by the vote of 9 to 0, after 
          discussing and accepting amendments.  The recent amendments 
          added financial oversight provisions, removed extraneous 
          limits on state agencies, and inserted the sunset clause.

          4.   Related bill  .  SB 436 is similar to AB 484 (Alejo) 
          which passed both the Assembly Water, Parks & Wildlife 
          Committee and the Assembly Local Government Committee.  The 
          Alejo bill is now in the Assembly Appropriations Committee.


                         Support and Opposition  (4/28/11)

           Support  :  California Council of Land Trusts; Amargosa 
          Conservancy; American Land Conservancy; American River 
          Conservancy; Bay Area Open Space Council; Bay Area Ridge 
          Trail Council; Big Sur Land Trust; Catalina Island 
          Conservancy; Center for Natural Lands Management; Eastern 
          Sierra Land Trust; Elkhorn Slough Foundation; Lake County 
          Land Trust; Land Conservancy of San Luis Obispo County; 





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          Land Trust for Santa Barbara County; Land Trust of Santa 
          Cruz County; Marin Agricultural Land Trust; Mendocino Land 
          Trust; Pacific Forest Trust; Palos Verdes Peninsula Land 
          Conservancy; Placer Land Trust; Redlands Conservancy; 
          Redwood Coast Land Conservancy; Sacramento Valley 
          Conservancy; Sanctuary Forest; San Joaquin River Parkway 
          and Conservation Trust; Save Mount Diablo; Sequoia 
          Riverlands Trust; Sierra-Cascade Land Trust Council; Solano 
          Land Trust; Southern California Open Space Council; The 
          Nature Conservancy; Transition Habitat Conservancy; 
          Tri-Valley Conservancy; Trust for Public Land; Wildlife 
          Heritage Foundation.

           Opposition  :  Unknown.