BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2043
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          Date of Hearing:   April 29, 2014

                   ASSEMBLY COMMITTEE ON WATER, PARKS AND WILDLIFE
                                Anthony Rendon, Chair
                AB 2043 (Bigelow) - As Introduced:  February 20, 2014
           
          SUBJECT  :   Water bond: storage

           SUMMARY  :    Repeals the $11.14 billion bond for water-related  
          projects and programs that was drafted in 2009 (2009 Water Bond)  
          with a revised $7.935 billion water bond.  Specifically,  this  
          bill  :  

          1)Repeals the 2009 Water Bond, which is currently on the ballot  
            for November 4, 2014.

          2)Divides the $7.935 billion bond by chapters for the following  
            funding purposes (in billions):
            $ 0.395   Chapter 5 drought relief
            $ 1.290   Chapter 6 regional water supply reliability 
            $ 1.500   Chapter 7 Delta sustainability
            $ 3.000   Chapter 8 water storage, continuously appropriated
            $ 0.800   Chapter 9 water quality, including groundwater  
            remediation
            $ 1.050   Chapter 10water recycling and water conservation

          3)Retains the administrative and other provisions from the 2009  
            Water Bond that relate to storage including, but not limited  
            to:

             a)   Continuously appropriating water storage funding to the  
               California Water Commission (CWC), a governor-appointed  
               body, and requiring the CWC to select projects through a  
               competitive public process; 

             b)   Empowering the CWC to fund the public benefits of  
               storage projects related to ecosystem and water quality  
               improvements, flood control, emergency response, and  
               recreation; and,

             c)   Prohibiting expending bond funds on environmental  
               mitigation, except environmental mitigation associated with  
               providing public benefits. 

           EXISTING LAW  :








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          1)Enacts the 2009 Water Bond which, if approved by the voters on  
            November 4, 2014, authorizes $11.14 billion in general  
            obligation bonds for the following purposes:

            $  0.455            Chapter 5drought relief
            $  1.400            Chapter 6regional water supply reliability
            $  2.250            Chapter 7Delta sustainability
            $  3.000            Chapter 8water storage
            $  1.785            Chapter 9conservation and watershed  
            protection
            $  1.000            Chapter 10water quality and groundwater  
            protection
             $  1.250            Chapter 11     water recycling              
              
             $11.140   TOTAL

          2)Creates a nine-member CWC within the Department of Water  
            Resources with each member appointed by the Governor, subject  
            to confirmation by the Senate, and serving four-year staggered  
            terms.

          3)Terminates 7 of the 9 CWC members' terms on May 14, 2014.

          4)Continuously appropriates $3 billion to the CWC, under Chapter  
            8 of the 2012 Water Bond, to fund what it determines are the  
            public benefits of water storage projects selected by the CWC  
            and which improve the Sacramento-San Joaquin Delta ecosystem  
            or tributaries to the Delta.
            
           FISCAL EFFECT  :   Unknown

           COMMENTS  :   For a full history on the 2009 Water Bond that has  
          been carried over and, unless repealed or moved, is currently  
          slated for the November 2014 general election, please see this  
          Committee's April 29, 2013 analysis of AB 1331 (Rendon).  

          There are currently nine substantive water bond proposals in the  
          Legislature and the differences between and among them and the  
          bond currently on the ballot range from subtle to significant.   
          But there are some key issue areas in common.  All of the  
          current bond proposals in the Legislature would make surface  
          storage projects eligible for some level of funding for the  
          "public benefits" of those projects.  They differ in whether  
          that funding would be continuously appropriated to the CWC or  








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          whether the Legislature would appropriate the money to the CWC.   
          Most would also provide funding for groundwater storage and  
          water quality improvements, including groundwater remediation.   
          Many would provide funding to address sustainability of the  
          Sacramento-San Joaquin Delta (Delta) and to implement Integrated  
          Regional Water Management (IRWM) Plan projects and programs.   
          Some would also provide separate chapters of funding for  
          watershed protection projects, water recycling and conservation,  
          and groundwater sustainability.  

          This bill is a $7.953 billion proposal modeled on the 2009 bond  
          that funds water storage at $3 billion, eliminates $1.785  
          billion for conservation and watershed protection, and reduces  
          the various other chapters of the 2009 bond by anywhere from  
          15-33%.

          Bond dollars represent tradeoffs

          General obligation bonds (G.O. bonds) are secured on the full  
          faith and credit of the State of California. A bond act  
          represents authority for the State to go into the marketplace  
          and sell bonds, which are in essence a loan between the State  
          and the bond holder which must be repaid from the State general  
          fund with interest. The Public Policy Institute of California in  
          its March 2014 report, Paying for Water in California, estimates  
          that the current debt service on water-related G.O. bonds is  
          around $700 million per year and "approaching the level of  
          recent bond spending."  The Legislative Analyst's Office, in a  
          February 26, 2013 Overview of State Infrastructure Bonds  
          concluded that the State's average annual cost for paying off  
          the $11.14 water bond currently on the ballot would be an  
          additional $565 million per year of general fund debt service  
          over the 40-year repayment period.  

          Currently, over 90% of general fund dollars are spent on K-16  
          education, health and human services, and corrections programs.   
          In addition, most of the taxes the State collects and spends are  
          transferred to local governments. This "local assistance" is  
          used to pay for schools and for state health and welfare  
          programs (such as CalWORKS, In-Home Supportive Services, and  
          Medi-Cal) that are administered at the local level.

          Support for a Water Bond on the rise, critical funding gaps  
          identified









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          However, an April 17, 2014 release of a public poll by the  
          non-partisan Public Policy Institute of California (PPIC)  
          advises that support for a water bond is on the rise but the  
          greatest support is for a slimmed down version of a bond.  The  
          PPIC notes that "Californians today are also more likely than  
          they were a year ago to favor an $11.1 billion bond for state  
          water projects. As the legislature continues to discuss the  
          measure - now on the November ballot - 60 percent of adults (up  
          16% from last year) and 50 percent of likely voters (up 8% from  
          last year) say they would vote yes. Today, when those who oppose  
          the bond are asked how they would vote if the amount were lower,  
          support rises (69% adults, 59% likely voters). A slim majority  
          of adults (52%) and 44 percent of likely voters say it is very  
          important that voters pass the bond."

          In a separate report the PPIC found that state faces critical  
          funding gaps in five key areas of water management. These areas  
          include safe drinking water in small, disadvantaged communities;  
          flood protection; management of stormwater and other polluted  
          runoff; aquatic ecosystem management; and integrated water  
          management.

          Other bond proposals currently in the Legislature

          To date, AB 1331 (Rendon) has been the primary Assembly water  
          bond vehicle and subject to multiple Capitol hearings and nine  
          field hearings in various parts of the State. AB 1331, the  
          Clean, Safe and Reliable Drinking Water Act of 2014, repeals the  
          existing bond and places an $8 billion measure on the November  
          4, 2014 ballot. AB 1331 includes $1 billion for water quality;  
          $1.5 billion for protecting rivers and watersheds; $2 billion  
          for IRWM; $1 billion for Delta sustainability; and, $2.5 billion  
          for storage projects, which Senate amendments made subject to  
          appropriation by the Legislature. AB 1331 is currently in the  
          Senate Environmental Quality Committee.

          Currently, the primary Senate water bond vehicle is SB 848, the  
          Safe Drinking Water, Water Quality, and Water Supply Act of  
          2014. SB 848 repeals the existing bond and placed a $6.825  
          billion measure on the November 2014 ballot.  SB 848 includes  
          $900 million for water quality; $2 billion for IRWM; $1.2  
          billion for Delta sustainability; $1.7 billion for watershed and  
          ecosystem improvements; $1.025 billion for water storage,  
          subject to appropriation by the Legislature. 









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          In addition to this bill, AB 1331, and SB 848, there are six  
          other substantive water bond proposals:  AB 1445 (Logue) is a  
          $5.8 billion proposal that dedicates $4.8 billion to water  
          storage projects and $1 billion to water quality.  AB 2686  
          (Perea) is a bond of at least $9.25 billion that includes  
          placeholders for additional sums for water recycling and  
          groundwater sustainability.  AB 2686 was initially modeled on AB  
          1331 but included $2.25 billion for Delta sustainability and $3  
          billion for water storage (i.e. the same levels for those  
          chapters as found in the 2009 Water Bond).  AB 2554 (Rendon) is  
          a $8.5 billion bond measure that contains the same language as  
          AB 1331, also by Rendon, prior to its April 8, 2014 amendments  
          in the Senate Natural Resources and Water Committee, except that  
          AB 2554 increases the water storage chapter to $3 billion,  
          continuously appropriated.  

          In the Senate, SB 927 (Canella) reduces the 2009 Water Bond to  
          $9.217 by eliminating the entire $1.785 billion chapter for  
          conservation and watershed protection and deleting several other  
          specific allocations in other chapters.  SB 1250 (Hueso) is a  
          $9.45 billion proposal that, in addition to including funding  
          for Delta sustainability and water storage at the levels found  
          in the 2009 includes $500 million for groundwater sustainability  
          and $500 million for water recycling.  SB 1370 (Galgiani) is a  
          $6.26 billion general obligation bond for the exclusive purpose  
          of funding four surface storage projects: Sites Reservoir in the  
          Sacramento Valley; Temperance Flat Reservoir in the San Joaquin  
          Valley; an expansion of San Luis Reservoir, jointly owned by the  
          CVP and SWP; and, raising Shasta Dam which, as it would affect  
          the free-flowing condition of the McCloud River, is an action  
          that State law currently prohibits any State agency from  
          funding.

          Major Issues with Differing Approaches in the Bond Proposals

          All of the water bonds vary in terms of the amounts of overall  
          bond funding being proposed and range from $5.8 billion to $9.45  
          billion. It is likely that any successful bond proposal will  
          need to maintain a broad appeal with respect to the core issues  
          being funded while minimizing areas of contention that could  
          fuel opposition. Besides the overall size of any bond, two major  
          policy areas are: 1) the level of funding that will be directed  
          towards water storage and whether it should be continuously  
          appropriated; and, 2) the level of funding that should be  
          applied to Delta sustainability and how any Delta funding  








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          relates, or does not relate, to the Bay Delta Conservation Plan  
          (BDCP) process.  

           Water Storage and Continuous Appropriation
           
          With California currently experiencing a continuing drought,  
          many stakeholders have identified increased water storage as a  
          key strategy to combatting future water uncertainties.  Under  
          some of the proposals both surface water and groundwater storage  
          projects would be eligible for funding.  However, new water  
          storage projects can be very costly, particularly surface  
          storage projects.  This has caused proponents of those projects  
          to seek to have money for storage continuously appropriated to  
          the CWC. 

          A continuous appropriation means bond funds are not subject to  
          the Legislative budget process and go directly to the entity  
          identified to receive them.  Proponents of continuous  
          appropriation for storage state this is necessary in order to  
          provide a level of certainty commensurate with the likely high  
          level of local investment.  However, opponents of large  
          allocations to surface storage feel those allocations could come  
          at the expense of investments in water quality and local water  
          supply reliability, such as increased water use efficiency and  
          water recycling. Opponents of continuous appropriations also  
          maintain that the Legislature's role in the budget is an  
          appropriate check on the Administration and by extension the  
          CWC, who are all gubernatorial appointees.

          This bill allocates $3 billion to both surface water and  
          groundwater projects and continuously appropriates that funding  
          to the CWC. $3 billion continuously appropriated is identical to  
          the approach taken in the 2009 Water Bond.

           BDCP and Delta Sustainability
           
          The BDCP is a joint effort by the Administration and several  
          water agencies that receive export water supplies from the State  
          Water Project (SWP) and Federal Central Valley Project (CVP) to  
          obtain 50-year endangered species act permits for SWP/CVP Delta  
          facilities through a state Natural Community Conservation Plan  
          and Federal Habitat Conservation Plan.  The supporters of the  
          BDCP state it will restore the Sacramento-San Joaquin Delta  
          ecosystem and secure California water supplies.  They are  
          proposing new infrastructure in the Delta including three new  








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          water intakes on the Sacramento River and two 40' diameter water  
          conveyance tunnels 30 miles long as well as over 150,000 aces of  
          habitat restoration and "other stressors" actions (such as  
          reducing non-native invasive species).  Currently, the draft  
          documents identify the water agencies that would benefit from  
          new export infrastructure as the funders for the new intakes and  
          tunnels. The documents do not identify any specific approved  
          funding for the majority of the rest of the plan including  
          habitat restoration, oversight, monitoring, and scientific  
          research but anticipate some level of bond funding.

          Many organizations and entities located within the Delta oppose  
          the BDCP because they believe it will decrease water supply and  
          water quality in the Delta, disrupt their communities, and  
          impact economic sustainability by removing agricultural land  
          from production.  However, many of those same entities  
          acknowledge some level of investment is needed in Delta economic  
          and environmental sustainability, including habitat improvement  
          and conservation projects.  For those groups the size of any  
          bond funding for Delta sustainability and the identification of  
          who will ultimately control the allocation of those funds is an  
          issue. Delta groups and some environmental groups have also  
          opposed the use of public bond money for water purchases that  
          would directly benefit water exporters.  A similar program was  
          previously implemented under a provision of the now defunct  
          CALFED Bay-Delta Program that was called the Environmental Water  
          Account (EWA). 

          This bill would allocate $1.5 billion for grants and direct  
          expenditures in the Delta to "advance the policy objectives"  
          captured in the Sacramento-San Joaquin Delta Reform Act.  These  
          include, but are not limited to, protecting the Delta as an  
          evolving place, restoring the Delta ecosystem, improving the  
          water conveyance system, expanding storage, and making  
          investments in flood protection.   This bill makes funds  
          available for appropriation to DWR, the Department of Fish and  
          Wildlife, the Sacramento-San Joaquin Delta Conservancy for  
          implementation consistent with the Delta Plan being implemented  
          by the Delta Stewardship Council.

           Supporting arguments  :  The author states that the 2009 water  
          bond has been "criticized for earmarks, which brought the grand  
          total of the bond higher than some believe, is necessary."  The  
          author advises that this bill "is an attempt to keep policy  
          language from the previous bond intact while lowering the grand  








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          total of the general obligation bonds."  The author states that  
          this bond will "fund projects to improve California's water  
          infrastructure, specifically to provide competitive funding for  
          critical water storage, groundwater, Delta restoration, water  
          quality, and drought relief projects statewide."  

           Opposing arguments  : Opponents state that this bond provides  
          substantially more funding for storage projects than for water  
          use efficiency, water recycling, and other integrated water  
          management projects."  Opponents note it contains "no funding  
          for watershed restoration, except for projects in the Bay-Delta  
          and includes several problematic environmental provisions (such  
          as allowing the bond to be used to pay for mitigation of new  
          delta conveyance)."  Other opponents state that they are  
          concerned that this bill and others do not make balanced  
          investments, disproportionately fund storage projects over local  
          water supply, and allowing continuous appropriations in the  
          storage part which "sets up potential conflicts with other  
          needed bond investments."
           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          San Diego County Water Authority (if amended)

           Opposition 
           
          Clean Water Action
          Planning and Conservation League
          Sierra Club
           
          Analysis Prepared by  :    Tina Cannon Leahy / W., P. & W. / (916)  
          319-2096