BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2636
                                                                  Page  1

          CONCURRENCE IN SENATE AMENDMENTS
          AB 2636 (Gatto)
          As Amended  August 19, 2014
          Majority vote
           
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          |ASSEMBLY:  |74-2 |(May 28, 2014)  |SENATE: |32-0 |(August 21,    |
          |           |     |                |        |     |2014)          |
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           Original Committee Reference:    W., P. & W.  

           SUMMARY  :  Creates the CalConserve Water Use Efficiency Revolving  
          Fund (CalConserve) in the State Treasury, which is administered  
          by the Department of Water Resources (DWR) in order to provide  
          low-interest loans and grants to local agencies for urban and  
          agricultural water use efficiency projects.  

           The Senate amendments  define on-bill financing and make  
          technical corrections.

           EXISTING LAW  :  

          1)Requires each urban retail water supplier to comply with the  
            state's goal of achieving a 20% reduction in urban per capita  
            water use in California by December 31, 2020 (the 20x2020  
            goal); and

          2)Requires agricultural water suppliers to implement efficient  
            water management practices, including water measurement.

           AS PASSED BY THE ASSEMBLY  , this bill created CalConserve, a  
          revolving fund administered by DWR in order to provide  
          low-interest loans and grants to local agencies for urban and  
          agricultural water use efficiency projects.  
           
          FISCAL EFFECT  :  According to the Senate Appropriations  
          Committee:

          1)Cost pressures, likely in the millions of dollars, to the  
            General Fund (GF) to fund CalConserve.

          2)Cost pressures in the hundreds of thousands of dollars to the  
            GF/CalConserve Fund for DWR to administer the program.









                                                                  AB 2636
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           COMMENTS  :  The amendments taken in the Senate were technical and  
          clarifying including defining on-bill financing as a  
          utility-based method for providing low-interest or no-interest  
          financing for water use efficiency improvements through the  
          monthly utility bill.

          There is no existing program like CalConserve in DWR, but  
          comparisons to the Clean Water State Revolving Fund Program  
          (CWSRF) at the State Water Resources Control Board (State Water  
          Board) 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.  

          The author states that while the State Water Board administers  
          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.  Other  
          supporters state CalConserve will promote statewide conservation  
          and help the state to reach its 20x2020 goal, as well as  
          encourage the use of recycled water.

          This bill is similar to AB 2011 (Gatto) of 2011, and AB 1349  
          (Gatto) of 2013,both of which would also have created  
          CalConserve.  However, AB 2011 differed in that it allocated an  
          anticipatory $50 million from the Safe, Clean, and Reliable  
          Drinking Water Supply Act of 2012, an $11.14 billion bond  
          measure for water-related projects and programs (2012 Water  
          Bond).  Ultimately the 2012 Water Bond was repealed and replaced  
          by AB 1471 (Rendon), Chapter 188, Statutes of 2014.  AB 1471  
          places the $7.545 billion Water Quality, Supply, and  
          Infrastructure Improvement Act of 2014 on the November 2014  
          ballot.  That Act includes $810 million for integrated regional  
          water management and, of that, $100 million is specifically  
          targeted for grants and loans for water conservation and  
          water-use efficiency plans, projects, and programs.

           








                                                                 AB 2636
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          Analysis Prepared by  :    Tina Cannon Leahy / W., P. & W. / (916)  
          319-2096 


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