BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1349
                                                                  Page  1

          Date of Hearing:   April 16, 2013

                   ASSEMBLY COMMITTEE ON WATER, PARKS AND WILDLIFE
                                Anthony Rendon, Chair
                 AB 1349 (Gatto) - As Introduced:  February 22, 2013
           
          SUBJECT  :   CalConserve Water Use Efficiency Revolving Fund

           SUMMARY  :   Creates the CalConserve Water Use Efficiency  
          Revolving Fund (CalConserve) in the State Treasury in order to  
          provide low-interest loans for water use efficiency projects.   
          Specifically,  this bill  :  

          1)Declares that the Legislature's intent with regarding to  
            creating CalConserve is to provide a sustainable funding  
            source for projects that:

             a)   Reduce urban per capita use;
             b)   Improve agricultural water use efficiency;
             c)   Increase use of recycled water; or
             d)   Reduce greenhouse gas emissions through water use  
               efficiency improvements.

          2)Continuously appropriates CalConserve to the Department of  
            Water Resources (DWR) to use for the purposes of the fund.

          3)Allows DWR to deposit any available and necessary moneys into  
            CalConserve.

          4)Allows DWR to enter into agreements with local governments or  
            investor-owned utilities that provide water or recycled water  
            service to provide loans for the purposes of the fund.

          5)Allows local governments, subject to all Constitutional  
            restrictions, to borrow money and incur indebtedness under  
            CalConserve.

          6)Provides that DWR may adopt rules and regulations necessary  
            and convenient to the purpose of implementing CalConserve.

           EXISTING LAW  :  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.  Also requires agricultural water suppliers to  
          implement efficient water management practices, including water  








                                                                  AB 1349
                                                                  Page  2

          measurement.

           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 receives 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 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 SB 7 (Steinberg) from  
          the historic 7th Extraordinary Session on water in 2009 (SB 7  
          X7) requires the entire state, including private entities to  
          reduce per capita water use 20% by 2020.  The author adds 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, 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  
          California has a limited water supply, making its efficient uses  
          a statewide priority," but as grant funding is limited,  
          alternative funding mechanisms are needed.  Supporters point out  
          CalConserve, as created by this bill, would "be the first such  
          fund in the nation targeting water efficiency." 

           Prior Legislation  :  This bill is similar to AB 2011 (Gatto)  








                                                                  AB 1349
                                                                  Page  3

          which would also have created CalConserve.  However, AB 2011  
          differed in that it allocated an anticipatory $50 million from  
          the Safe, Clean, and Reliable Drinking Water Supply Act of 2012,  
          if that act were to pass.       AB 2011 was held in the Assembly  
          Appropriations Committee.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          Association of California Water Agencies
          California Association of Realtors
          California Municipal Utilities Association
          California Special Districts Association
          Calleguas
          Eastern Municipal Water District
          Foothill Municipal Water District
          Friant Water Authority
          Las Virgenes Municipal Water District
          San Diego County Water Authority
          The Metropolitan Water District of Southern California 

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