BILL ANALYSIS                                                                                                                                                                                                    �



                                                                            



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                                    THIRD READING


          Bill No:  AB 2636
          Author:   Gatto (D) and Skinner (D), et al.
          Amended:  8/19/14 in Senate
          Vote:     21

           
           SENATE ENVIRONMENTAL QUALITY COMMITTEE  :  6-0, 6/18/14
          AYES:  Hill, Gaines, Fuller, Hancock, Jackson, Leno
          NO VOTE RECORDED:  Pavley

           SENATE NATURAL RESOURCES AND WATER COMMITTEE  :  8-0, 6/24/14
          AYES:  Pavley, Cannella, Evans, Hueso, Jackson, Lara, Monning,  
            Wolk
          NO VOTE RECORDED:  Fuller

           SENATE APPROPRIATIONS COMMITTEE  :  5-0, 8/14/14
          AYES:  De Le�n, Hill, Lara, Padilla, Steinberg
          NO VOTE RECORDED:  Walters, Gaines

           ASSEMBLY FLOOR  :  74-2, 5/28/14 - See last page for vote


           SUBJECT  :    CalConserve Water Use Efficiency Revolving Fund

           SOURCE  :     Author


           DIGEST  :    This bill establishes the 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 to local agencies, as defined, for water use  
          efficiency projects.  
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           ANALYSIS  :    

          Existing law:

          1. Requires, under the California Global Warming Solutions Act  
             of 2006 (Act of 2006) (AB 32, Nunez and Pavley, Chapter 488,  
             Statutes of 2006), the Air Resources Board (ARB) to determine  
             the 1990 statewide greenhouse gas (GHG) emissions level and  
             approve a statewide GHG emissions limit that is equivalent to  
             that level, to be achieved by 2020, and to adopt GHG  
             emissions reductions measures by regulation.  ARB is  
             authorized to include the use of market-based mechanisms to  
             comply with these regulations.  

          2. Establishes the GHG Reduction Fund (GHG RF) in the State  
             Treasury and requires all monies, except for fines and  
             penalties, collected pursuant to a market-based mechanism be  
             deposited in the fund and requires the Department of Finance,  
             in consultation with the state board and any other relevant  
             state agency, to develop, as specified, a three-year  
             investment plan for the monies deposited in GHG RF.

          3. Requires monies from GHG RF be used to facilitate the  
             achievement of reductions of GHG emissions in this state  
             consistent with the Act of 2006, and authorizes those funds  
             to be allocated for the purpose of reducing GHG emissions in  
             this state through investments that may include, among other  
             specified categories, funding to reduce GHG emissions  
             associated with water use and supply.  

          4. Requires the state to achieve a 20% reduction in urban per  
             capita water use in California by December 31, 2020.

          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 have one of the  

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             following benefits:

             A.    Measurable reductions in urban per capita potable  
                water use;

             B.    Measurably reduce agricultural water use;

             C.    Increased use or availability of recycled water; or

             D.    Reductions in GHG emissions and water and energy use.

          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 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. Authorizes DWR to:

             A.    Deposit any available and necessary monies 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.

          6. Specifies that CalConserve funds shall be used for loans to  
             local agencies that are at or below market interest rates and  
             for a maximum repayment of 20 years or up to 25 years for  

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             disadvantaged communities. 

          7. 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.

          8. Allows up to 4% of the fund for repayment of the DWR's  
             reasonable cost of administering the fund itself, but  
             prohibits CalConserve funds to a local agency from being used  
             for that local agency's administrative costs.

          9. Defines "On-bill Financing" to mean a utility-based method  
             for providing low-interest financing for water use efficiency  
             improvements through the monthly utility bill.

          10.Authorizes DWR to adopt rules and guidelines necessary to  
             implement this bill.

           Background
           
          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 one-half 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.

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



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          According to the Senate Appropriations Committee:


           Cost pressures, likely in the millions of dollars, to the  
            General Fund to fund the CalConserve Fund.

           Cost pressures in the hundreds of thousands of dollars to the  
            General Fund/CalConserve Fund to DWR to administer the  
            program.

          SUPPORT  :   (Verified  8/19/14)

          Association of California Water Agencies
          Burbank Water and Power
          California Landscape Contractors Association
          California Municipal Utilities Association
          East Bay Municipal Utility District
          Metropolitan Water District of Southern California
          Nexus eWater
          San Diego County Water Authority
          Sierra Club California
          Sonoma County Water Agency

           
          ASSEMBLY FLOOR  :  74-2, 5/28/14
          AYES:  Achadjian, Alejo, Allen, Ammiano, Bigelow, Bloom,  
            Bocanegra, Bonilla, Bonta, Bradford, Brown, Buchanan, Ian  
            Calderon, Campos, Chau, Ch�vez, Chesbro, Cooley, Dababneh,  
            Dahle, Daly, Dickinson, Eggman, Fong, Fox, Beth Gaines,  
            Garcia, Gatto, Gomez, Gonzalez, Gordon, Gorell, Gray, Grove,  
            Hagman, Hall, Harkey, Roger Hern�ndez, Holden, Jones,  
            Jones-Sawyer, Levine, Logue, Lowenthal, Maienschein, Mansoor,  
            Medina, Melendez, Mullin, Muratsuchi, Nazarian, Nestande,  
            Olsen, Pan, Patterson, Perea, John A. P�rez, V. Manuel P�rez,  
            Quirk, Quirk-Silva, Rendon, Ridley-Thomas, Rodriguez, Salas,  
            Skinner, Stone, Ting, Wagner, Waldron, Weber, Wieckowski,  
            Williams, Yamada, Atkins
          NOES:  Conway, Wilk
          NO VOTE RECORDED:  Donnelly, Frazier, Linder, Vacancy


          RM:d  8/19/14   Senate Floor Analyses 

                           SUPPORT/OPPOSITION:  SEE ABOVE

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