BILL ANALYSIS                                                                                                                                                                                                    �



                                                                            



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                                    THIRD READING


          Bill No:  AB 2280
          Author:   Alejo (D), et al.
          Amended:  8/18/14 in Senate
          Vote:     21


           SENATE TRANSPORTATION & HOUSING COMMITTEE  :  8-2, 6/10/14
          AYES:  DeSaulnier, Cannella, Galgiani, Hueso, Lara, Liu, Pavley,  
            Roth
          NOES:  Gaines, Wyland
          NO VOTE RECORDED:  Beall

           SENATE GOVERNANCE & FINANCE COMMITTEE  :  4-2, 6/25/14
          AYES:  Wolk, Beall, DeSaulnier, Liu
          NOES:  Knight, Walters
          NO VOTE RECORDED:  Hernandez

           SENATE APPROPRIATIONS COMMITTEE  :  5-1, 8/14/14
          AYES:  De Le�n, Hill, Lara, Padilla, Steinberg
          NOES:  Gaines
          NO VOTE RECORDED:  Walters

           ASSEMBLY FLOOR  :  57-12, 5/8/14 - See last page for vote


           SUBJECT  :    Community Revitalization and Investment Authorities

           SOURCE  :     Author


           DIGEST  :    This bill allows a local government or local  
          governments jointly to establish a Community Revitalization and  
          Investment Authority (authority) to use tax increment revenues  
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          to invest in disadvantaged communities.

           ANALYSIS  :    Historically, the Community Redevelopment Law (CRL)  
          allowed a local government to establish a redevelopment area and  
          capture all of the increase in property taxes generated within  
          the area (referred to as "tax increment") over a period of  
          decades.  The law requires redevelopment agencies to deposit 20%  
          of tax increment into a Low and Moderate Income Housing Fund  
          (L&M fund) to be used to increase, improve, and preserve the  
          community's supply of low- and moderate-income housing available  
          at an affordable housing cost.

          In 2011, the Legislature enacted two bills, AB 26X (Blumenfield,  
          Chapter 5, First Extraordinary Session) and AB 27X (Blumenfield,  
          Chapter 6, First Extraordinary Session).  AB 26X eliminated  
          redevelopment agencies and established procedures for winding  
          down the agencies, paying off enforceable obligations, and  
          disposing of agency assets.  AB 26X established successor  
          agencies, typically the city that established the agency, to  
          take control of all redevelopment agency assets, properties, and  
          other items of value.  Successor agencies are to dispose of an  
          agency's assets as directed by an oversight board, made up of  
          representatives of local taxing entities, with the proceeds  
          transferred to the county auditor-controller for distribution to  
          taxing agencies within each county.

          AB 26X also included provisions allowing the host city or county  
          of a dissolving redevelopment agency to retain the housing  
          assets and functions previously performed by the agency, except  
          for funds on deposit in the agency's L&M fund, and thus become a  
          housing successor.  If the host city or county chooses not to  
          become the housing successor, a local housing authority or the  
          Department of Housing and Community Development takes on that  
          responsibility.

          AB 27X allowed redevelopment agencies to avoid elimination if  
          they made payments to schools in the current budget year and in  
          future years.  In December 2011, the California Supreme Court in  
          California Redevelopment Association v. Matosantos upheld AB 26X  
          and overturned AB 27X.  As a result, all of the state's roughly  
          400 redevelopment agencies dissolved on February 1, 2012, and  
          local jurisdictions began implementing AB 26X's provisions to  
          distribute former redevelopment assets and pay the remaining  
          obligations.

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          This bill authorizes local governments to create authorities to  
          use tax increment revenue to improve the infrastructure, assist  
          businesses, and support affordable housing in disadvantaged  
          communities.  Specifically, this bill:

          1.Permits a city, county, or city and county to create an  
            authority.  The authority board shall have five members, three  
            of whom shall be members of the legislative body of the city  
            or county and two of whom shall be public members who live or  
            work within the community revitalization and investment area.

          2.Permits, as an alternative, any combination of a city, county,  
            city and county, and a special district, but not a school  
            district, to enter a joint powers agreement to form an  
            authority.  The board of the authority in this case shall  
            consist of a majority of members from the legislative bodies  
            and a minimum of two public members who live or work within  
            the community revitalization and investment area.

          3.Specifies an authority created by a city or county that  
            created a redevelopment agency dissolved pursuant to AB 26X of  
            2011 does not become effective until the successor agency  
            adopts findings of fact stating:

             A.   They received a finding of completion from the  
               Department of Finance;

             B.   No former RDA assets which are the subject of litigation  
               against the state have been or will be used to benefit any  
               efforts of an authority unless litigation has been  
               resolved; and

             C.   The successor agency has complied with all orders of the  
               State Controller, as specified.

          1.Allows an authority to carry out a community revitalization  
            plan within a community revitalization and investment area  
            (plan area).  This bill requires that at least 80% of the land  
            calculated by census tracts or block groups within the plan  
            area must be characterized by both of the following  
            conditions:

             A.   An annual median household income that is less than 80%  

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               of the statewide annual median income.

             B.   Three of the following four conditions:

               (1)    Non-seasonal unemployment that is at least 3% higher  
                 than statewide median unemployment rate;

               (2)    Crime rates that are 5% higher than the statewide  
                 median crime rate;

               (3)    Deteriorated or inadequate infrastructure such as  
                 streets, sidewalks, water supply, sewer treatment or  
                 processing, and parks; or

               (4)    Deteriorated commercial or residential structures.

            Alternatively, an authority may carry out a community  
            revitalization and investment plan within a plan area  
            established within a former military base that is principally  
            characterized by deteriorated or inadequate infrastructure and  
            structures.  The board of an authority established within a  
            former military base must include a member of the military  
            base closure commission as a public member.

          1.Allows any city, county, or special district, other than a  
            school entity, that receives ad valorem property taxes from  
            property located in a plan area to adopt a resolution  
            allocating some, or all of its share of tax increment within  
            the plan area for a number of years it specifies.  The city,  
            county, or special district may also dedicate its tax  
            increment to specific purposes or programs.  In addition, the  
            city, county, or special district may cease providing tax  
            increment to an authority, unless its increment is pledged to  
            repay debt.

          2.Deems an authority an "agency" pursuant to CRL for purposes of  
            receiving tax increment revenue, but limits an agency's powers  
            and duties to those prescribed in this bill.  These powers  
            include:

             A.   Provide funding to rehabilitate, repair, upgrade, or  
               construct infrastructure;

             B.   Provide funding for low- and moderate-income housing;

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             C.   Remedy or remove a release of hazardous substances,  
               pursuant to provisions of the CRL known as the Polanco Act;

             D.   Provide for seismic retrofits of existing buildings  
               pursuant to the CRL;

             E.   Acquire and transfer real property in accordance with  
               specified provisions of the CRL, including by use of  
               eminent domain;

             F.   Issue bonds;

             G.   Borrow money, receive grants, or accept financial or  
               other assistance from the state or federal government;

             H.   Adopt a community revitalization and investment plan;

             I.   Make loans and grants for owners or tenants to improve,  
               rehabilitate, or retrofit buildings or structures within  
               the plan area; and

             J.   Provide direct assistance to businesses within the plan  
               area in connection with new or existing facilities for  
               industrial or manufacturing uses.

          1.Requires an authority following a specified public notice and  
            hearing process to adopt a community revitalization and  
            investment plan.  The plan may include a provision for the  
            receipt of tax increment funds generated within the area,  
            provided the plan includes these elements:

             A.   A statement of its principal goals and objectives;

             B.   A description of deteriorated or inadequate  
               infrastructure within the plan area and a program to  
               upgrade that infrastructure;

             C.   A program to remedy or remove a release of hazardous  
               substances;

             D.   A program to provide funding or otherwise facilitate the  
               economic revitalization of the plan area;


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             E.   Time limits as provided in the CRL, which prescribe the  
               maximum time an authority may establish debt, act pursuant  
               to an area plan, and repay debt;

             F.   A fiscal analysis setting forth the receipt of revenue  
               and projected expenses over a five-year planning horizon; 

             G.   A program to use 25% of the tax increment revenue to  
               increase, improve, and preserve the supply of low-and  
               moderate-income housing available at an affordable housing  
               cost in compliance with the CRL's housing provisions; and

             H.   A program that builds on the housing requirements in the  
               CRL by doing both of the following:

               (1)    Prohibits the number of housing units occupied by  
                 extremely low-, very low-, and low-income households,  
                 including the number of bedrooms in those units, from  
                 being reduced within the area during the effective period  
                 of the plan; and 

               (2)    Requires the replacement of dwelling units that  
                 house extremely low-, very low-, or low-income households  
                 when removed from an area within two years, rather than  
                 the four years under existing provisions of the CRL.

              An authority shall follow the same process when making plan  
              amendments.  In addition, each year the authority must  
              review its plan and make modifications as appropriate.

          1.Allows an authority to transfer funding for affordable housing  
            to a housing authority or the entity that received the housing  
            assets of the former redevelopment agency within the  
            territorial jurisdiction of the local jurisdiction of the  
            authority, if it makes a finding that the transfer will reduce  
            administrative costs or expedite the construction of  
            affordable housing.

          2.Requires that an authority adopt an annual report each year by  
            June 30 after holding a public hearing on the draft report and  
            complying with specified notification requirements.  The  
            annual report must detail projects undertaken, revenues and  
            expenses, housing activities, and assistance provided to  
            private businesses.  If an authority fails to provide its  

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            annual report, then it cannot spend any tax increment funds  
            received.

          3.Requires that every 10 years an authority shall conduct at its  
            annual report-adoption hearing, a protest hearing at which  
            property owners and residents within the plan area may present  
            protests against the authority pursuant to a process specified  
            in the bill.  Under this process, if more than 50% of the  
            combined number of property owners and residents over age 18  
            protest, then the authority must call an election within 90  
            days and, in the meantime, take no actions on any new  
            projects.  If a majority of property owners and residents vote  
            against the authority at the protest election, then the  
            authority shall take no further action to implement its plan,  
            except that it may finish those projects for which it had  
            begun making expenditures of any kind.

          4.Requires an authority to contract every five years, beginning  
            in the year which the authority has allocated a cumulative  
            total of more than $1 million in tax increment revenues, for  
            an independent financial and performance audit to determine  
            compliance with the affordable housing requirements of the  
            bill.  The State Controller shall establish guidelines, on or  
            before December 31, 2020, for ensuring that an authority is  
            meeting the housing requirements of the bill (described in the  
            final bullet under #7 above) over each five-year period  
            covered by the audit.  Each authority shall provide its  
            completed audit to the State Controller.  If its audit shows  
            that an authority is failing to comply with these housing  
            requirements, then it shall submit to the State Controller  
            with its audit a plan to achieve compliance in not less than  
            two years.  The plan must include one of the following means  
            of achieving compliance:

             A.   Expenditure of an additional 10% of the authority's tax  
               increment revenues on providing low-income housing;

             B.   A 10% increase in the production of housing for very  
               low-income households, as required under the CRL's housing  
               production requirements; or 

             C.   The targeting of expenditures from its L&M fund  
               exclusively to rental housing affordable to, and occupied  
               by, persons of very low and extremely low income.

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            This bill prescribes financial penalties that an authority  
            must pay if it fails to provide this audit to the State  
            Controller within 20 days of receiving written notice from the  
            State Controller of the failure.  These penalties vary from as  
            little as $2,500 to as much $10,000 depending on the revenue  
            of the authority.  In addition, the penalties are double for a  
            second consecutive year of failure and triple for a third or  
            more consecutive year.  Also, after three or more consecutive  
            years, the State Controller shall conduct its own financial  
            audit report for which the authority shall pay.  Finally, upon  
            request of the State Controller, the Attorney General may take  
            action to collect the fines.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  No

          According to the Senate Appropriations Committee:

           Potentially major redirection of local property tax revenues  
            from participating local agencies, excluding schools, to a  
            CRIA over a period of decades.  Since the bill prohibits  
            schools from participating, there is no state fiscal impact  
            related to the redirection of local property tax revenues.

           Estimated one-time costs to the State Controller's Office of  
            up to $217,000 (General Fund) to establish guidelines for  
            periodic financial and performance audits that include  
            provisions for determining compliance with affordable housing  
            requirements as well as secondary review and compliance  
            measures for failure to achieve initial compliance on the  
            regular audit schedule.  (Staff assumes up to two personnel  
            years of audit staff to establish guidelines)

           Estimated periodic costs to the State Controller's Office in  
            the range of $50,000 to $100,000 (General Fund) on a periodic  
            basis for accepting audits and reviewing and approving  
            secondary compliance plans submitted by agencies that fail to  
            comply with initial audit requirements.  (Staff assumes up to  
            one personnel year of audit work on a periodic basis)

           SUPPORT  :   (Per Senate Transportation and Housing Committee  
          analysis of 6/10/14--Unable to reverify at time of writing)


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          Building Owners and Managers Association of California
          California Association for Local Economic Development
          California Building Industries Association
          California Business Properties Association
          California Chamber of Commerce
          California Coalition for Rural Housing
          California Rural Legal Assistance Foundation
          California Special Districts Association
          Cities of Adelanto, Antioch, Blue Lake, Camarillo, Fort Bragg,  
          Healdsburg, Indio,                                     La  
          Puente, La Quinta, Lakeport, National City, Plymouth, Rosemead,  
          Sacramento, Salinas, Thousand Oaks and Vista
          Coachella Valley Economic Partnership
          Glendale City Employees Association
          Housing California
          International Council of Shopping Centers
          League of California Cities
          League of California Cities-Latino Caucus
          NAIOP of California
          Organization of SMUD Employees
          San Bernardino Public Employees Association
          San Luis Obispo County Employees Association
          Ventura Council of Governments
          Western Center on Law and Poverty

           OPPOSITION  :    (Per Senate Transportation and Housing Committee  
          analysis of 6/10/14--Unable to reverify at time of writing)

          California Taxpayers Association
          Fieldstead and Company

           ASSEMBLY FLOOR  :  57-12, 5/8/14
          AYES:  Achadjian, Alejo, Ammiano, Atkins, Bloom, Bocanegra,  
            Bonilla, Bonta, Bradford, Brown, Buchanan, Ian Calderon,  
            Campos, Chau, Chesbro, Cooley, Dababneh, Daly, Dickinson,  
            Fong, Frazier, Garcia, Gatto, Gomez, Gonzalez, Gordon, Gray,  
            Hagman, Hall, Roger Hern�ndez, Holden, Jones-Sawyer, Levine,  
            Lowenthal, Maienschein, Medina, Mullin, Muratsuchi, Nazarian,  
            Olsen, Pan, Perea, Quirk, Quirk-Silva, Rendon, Ridley-Thomas,  
            Rodriguez, Salas, Skinner, Stone, Ting, Waldron, Weber,  
            Wieckowski, Williams, Yamada, John A. P�rez
          NOES:  Allen, Bigelow, Ch�vez, Dahle, Donnelly, Beth Gaines,  
            Harkey, Jones, Logue, Melendez, Patterson, Wagner
          NO VOTE RECORDED:  Conway, Eggman, Fox, Gorell, Grove, Linder,  

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            Mansoor, Nestande, V. Manuel P�rez, Wilk, Vacancy


          JA:e  8/16/14   Senate Floor Analyses 

                           SUPPORT/OPPOSITION:  SEE ABOVE

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