BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1416
                                                                  Page  1

          Date of Hearing:   May 1, 2013

           ASSEMBLY COMMITTEE ON ACCOUNTABILITY AND ADMINISTRATIVE REVIEW
                                 Jim Frazier, Chair
           AB 1416 (Committee on Accountability & Administrative Review) -  

                           As Introduced:  March 20, 2013
           
          SUBJECT  :   State Government: property acquisition

           SUMMARY  :   Property Acquisition Law requires that all real  
          property acquired by any state agency be acquired by the State  
          Public Works Board. Existing law allows the State Public Works  
          Board to enter into agreements, including payment and interest  
          agreements, with the owner of the property to be acquired.

             This bill would require the State Public Works Board to  
          annually notify the Legislature of a payment agreement or  
          interest payment resulting from a property acquisition.


           FISCAL EFFECT  :   Unknown

           COMMENTS  :   This bill seeks to increase Legislative oversight  
          and transparency by requiring the State Public Works Board to  
          annually notify the Legislature of a payment agreement or  
          interest payment resulting from a property acquisition.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          None on file

           Opposition 
           
          None on file
           
          Analysis Prepared by  :    William Herms / A. & A.R. / (916)  
          319-3600