BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1416
                                                                  Page  1

          Date of Hearing:   May 15, 2013

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

            AB 1416 (Committee on Accountability) - As Introduced:  March  
                                      20, 2013 

          Policy Committee:                              Accountability  
          and Administrative Review                     Vote: 12-1

          Urgency:     No                   State Mandated Local Program:  
          No     Reimbursable:               

           SUMMARY  

          This bill requires the State Public Works Board (PWB) to  
          annually notify the Legislature of any payment agreement or  
          interest payment resulting from a property acquisition.

           FISCAL EFFECT  

          Negligible fiscal impact. The Department of Finance provides  
          staff support to the PWB.

           COMMENTS  

           Purpose  . The state's Property Acquisition Law requires all real  
          property acquired by any state agency be acquired by the PWB,  
          which consists of the Directors of Finance, General Services and  
          Transportation. Current law allows the PWB to enter into  
          agreements, including payment and interest agreements, with the  
          owner of the property to be acquired. This committee bill seeks  
          to increase legislative oversight and PWB transparency by  
          requiring the board to annually notify the Legislature of all  
          payment agreements or interest paymenst resulting from property  
          acquisitions.

           Analysis Prepared by  :    Chuck Nicol / APPR. / (916) 319-2081