BILL ANALYSIS                                                                                                                                                                                                    �



                                                                AB 2636
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        ASSEMBLY THIRD READING
        AB 2636 (Gatto and Skinner)
        As Amended  May 23, 2014
        Majority vote 

         WATER, PARKS & WILDLIFE    13-0 APPROPRIATIONS      12-0        
         
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        |Ayes:|Allen, Bocanegra, Dahle,  |Ayes:|Gatto, Bocanegra,         |
        |     |Fong, Frazier, Beth       |     |Bradford,                 |
        |     |Gaines, Gatto, Gomez,     |     |Ian Calderon, Campos,     |
        |     |Gonzalez, Gray,           |     |Eggman, Gomez, Holden,    |
        |     |Patterson, Rodriguez,     |     |Pan, Quirk,               |
        |     |Yamada                    |     |Ridley-Thomas, Weber      |
        |-----+--------------------------+-----+--------------------------|
        |     |                          |     |                          |
         ----------------------------------------------------------------- 
         SUMMARY  :  Creates a CalConserve Water Use Efficiency Revolving Fund  
        (CalConserve) funded by Legislative appropriations and administered  
        by the Department of Water Resources (DWR) for the principal purpose  
        of providing low-interest loans for water use efficiency projects.   
        Specifically,  this bill  :  

        1)Makes multiple findings including, but not limited to, the finite  
          nature of water resources, the uncertainty of water supplies due  
          to drought and climate change, water use efficiency as an  
          effective strategy to address those uncertainties, and the need  
          for a stable funding source for water efficiency projects.

        2)Requires CalConserve funded projects to result in:

           a)   Measurable reductions in urban per capita potable water use;

           b)   Improved agricultural water use efficiency and reduced  
             agricultural water use;

           c)   Increased use of recycled water; or,

           d)   Reductions in greenhouse gas emissions.

        3)Defines a local agency that is eligible for CalConserve funds as a  
          city, county, city and county, municipal utility district,  
          community services district, sanitary district, sanitation  
          district, water district, public water system, or a private water  








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          company under the jurisdiction of the Public Utilities Commission.  
           Specifies that CalConserve funds provided to private water  
          companies should benefit ratepayers and not investors.

        4)Transfers remaining Proposition 13 of 2000 bond funds for  
          agricultural water use efficiency loans and grants to CalConserve  
          for loans and grants to acquire and construct agricultural  
          conservation projects.

        5)Specifies that the Legislature may appropriate money from the  
          Greenhouse Gas Reduction Fund to CalConserve for water use  
          efficiency projects that will contribute to achieving and  
          maintaining greenhouse gas emission reductions.

        6)Allows DWR to:

           a)   Deposit any available and necessary moneys into CalConserve;

           b)   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;

           c)   Provide appropriate auditing and administration of the  
             CalConserve; and,

           d)   Take actions necessary to secure federal funds for  
             CalConserve.

        7)Specifies that CalConserve fund shall be used for loans that are  
          at or below market interest rates and for a maximum repayment of  
          20 years or up to 25 for disadvantaged communities. 

        8)Allows CalConserve funds to earn interest and be used for multiple  
          purposes including, but not limited to, technical assistance, bond  
          repayment for bond funds deposited in CalConserve; and, federal  
          capitalization grant purposes if those grant funds are deposited.

        9)Allows up to 4% of the fund for repayment of the reasonable cost  
          of administering the fund itself, but prohibits CalConserve funds  
          from being used for local agency administrative costs.

         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  








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        requires agricultural water suppliers to implement efficient water  
        management practices, including water measurement.

         FISCAL EFFECT  :  According to the Assembly Appropriations Committee,  
        this bill transfers $17 million in Proposition 13 funds to  
        CalConserve and results in annual administrative costs to DWR in the  
        hundreds of thousands of dollars range.

         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.  

        The author states 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.  Supporters state CalConserve will promote  
        statewide conservation and help the state to reach its 20% by 2020  
        conservation goal, as well as encourage the use of recycled water.

        This bill is similar to AB 2011 (Gatto) of 2012 and AB 1349 (Gatto)  
        of 2013.  Both AB 2011 and AB 1349 were held in the Assembly  
        Appropriations Committee pending firmer identification of potential  
        funding sources. 
         
        Analysis Prepared by  :    Tina Cannon Leahy / W., P. & W. / (916)  
        319-2096                                                    FN:  








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