BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                  SB 285
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          SENATE THIRD READING
          SB 285 (De León)
          As Amended  May 21, 2013
          Majority vote 

           SENATE VOTE  :39-0  
           
           HIGHER EDUCATION    12-0        APPROPRIATIONS      16-0        
           
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          |Ayes:|Williams, Chávez, Bloom,  |Ayes:|Gatto, Harkey, Bigelow,   |
          |     |Fong, Fox, Levine,        |     |Bocanegra, Bradford, Ian  |
          |     |Linder, Medina, Olsen,    |     |Calderon, Campos, Eggman, |
          |     |Quirk-Silva, Weber, Wilk  |     |Gomez, Hall, Holden,      |
          |     |                          |     |Linder, Pan, Quirk,       |
          |     |                          |     |Wagner, Weber             |
          |-----+--------------------------+-----+--------------------------|
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :  Provides for the use of funds from the College Access  
          Tax Credit Fund (Fund) to increase Cal Grant B access awards up  
          to a maximum of $5,000 per award per academic year, contingent  
          upon enactment of SB 284 (De León).  Specifically,  this bill  :   

          1)Provides that monies appropriated from the Fund are in  
            addition to other monies appropriated for the Cal Grant  
            Program, and that during the existence of the Fund the amount  
            of the Cal Grant B access award may not be adjusted below the  
            amount in the 2012 Budget Act.

          2)Requires the Treasurer, on April 1, 2015, and each April 1  
            thereafter, to certify the amount of monies available for  
            distribution from the Fund for the following academic year and  
            provides that the amount available for distribution may not  
            exceed 85% of the Fund balance. 

          3)Requires the California Student Aid Commission (Commission) to  
            determine the amount of the supplemental awards to be granted  
            and to include that amount in the annual budget change  
            proposals previously submitted to the Department of Finance by  
            the Commission.  Upon appropriation by the Legislature to the  
            Commission in the annual Budget Act, the monies become  
            available for making awards to students.









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          4)Provides that any monies available in the fund after making  
            supplemental awards shall remain in the fund for allocation in  
            future fiscal years.

          5)Provides that disbursements from the Fund shall be made for  
            the following purposes:

             a)   To supplement awards made for "access costs" as defined  
               under the provisions of the Cal Grant Program.  Limits the  
               amount of the supplemental award, when added to the annual  
               access award amount established by the Budget Act, to  
               $5,000.  

             b)   To defray the administrative costs incurred by the  
               Commission in connection with these responsibilities.

          6)Provides that awards are only payable to the extent monies are  
            available from the Fund.  Requires the Commission to inform  
            award recipients that the award is for one academic year only,  
            is not an entitlement, and that future supplemental awards are  
            subject to the availability of monies in the Fund.

          7)Becomes operative only if SB 284 (De León) is enacted and  
            becomes operative on or before January 1, 2014.

           FISCAL EFFECT  :   According to the Assembly Appropriations  
          Committee:

          1)The amount of funds allocated for supplemental Cal Grant B  
            access awards will depend on the amounts contributed by  
            taxpayers, per the provisions of SB 284, to the Fund net of  
            the total tax credits claimed by these taxpayers and state  
            administrative costs.  This amount is unknown, but could be up  
            to several hundred million dollars annually for three years.   
            If $240 million was made available through the tax credit, the  
            access award for that year would be increased from $1,473 to  
            $3,000 per student. 

          2)The Commission will incur annual costs of around $140,000 for  
            three years for 1.5 positions to field additional calls  
            generated by additional notifications regarding the  
            supplemental grant, to revise the Web site, publication, and  
            award notifications, estimate and determine actual award  
            amounts based on available funds, and other administrative  








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            functions.

           COMMENTS  :  

           Background  .  In the first award year, Cal Grant B students are  
          awarded a grant to cover access costs, defined as living  
          expenses and expenses for transportation, supplies, and books.   
          After the freshman year, the Cal Grant B award may also include  
          tuition and fee coverage in the same amount as the Cal Grant A  
          award.  Current law limits the access award to $1,551, but  
          allows the amount to be adjusted in the annual Budget Act.  The  
          2012 Budget Act reduced the award to $1,473; that amount was  
          maintained in the 2013 Budget Act.  According to the Commission,  
          in 2012-13, the average income for new Cal Grant B recipients  
          was $16,511.  There were a total of 128,426 new recipients of  
          Cal Grant B.  The largest number and percentage of Cal Grant B  
          recipients were at the California Community Colleges (48%).
           
          Purpose of this bill  .  According to the author, this legislation  
          will increase the underfunded Cal Grant B access award amount  
          for California's lowest income students to improve graduation  
          rates.  The author notes that, adjusted for inflation, the Cal  
          Grant B access award today should be $5,900; instead it has lost  
          most of its purchasing power over time and is currently set at  
          only $1,473.  According to the author, there is significant  
          research that shows that students who work more hours take  
          longer to graduate; grant aid is the proven equalizer that  
          allows low-income students to persist and complete degrees at  
          rates that equal those of their higher-income peers. This bill,  
          in coordination with SB 284, is intended to enable the  
          Commission to double the Cal Grant B access award during tough  
          economic times.    

           Contingent enactment  .  The implementation of this bill is  
          contingent upon the funding source established in SB 284 (De  
          León), which would, for taxable years 2014 through 2016, allow  
          taxpayers, upon receipt of California Educational Facilities  
          Authority certification, to receive a tax credit for a specified  
          percentage of cash contributions made to the Fund.   
           

           Analysis Prepared by  :    Laura Metune / HIGHER ED. / (916)  
          319-3960 









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