BILL ANALYSIS                                                                                                                                                                                                    �




                     SENATE GOVERNANCE & FINANCE COMMITTEE
                            Senator Lois Wolk, Chair
          

          BILL NO:  SB 848                      HEARING:  2/26/14
          AUTHOR:  Wolk                         FISCAL:  Yes
          VERSION:  2/20/14                     TAX LEVY:  No
          CONSULTANT:  Grinnell                 

          SAFE DRINKING WATER, WATER QUALITY, AND WATER SUPPLY ACT OF  
                                 2014 (URGENCY)
          

          Replaces current $11.1 billion water bond with $6.825  
          billion one; allows Legislature to reallocate previously  
          authorized water bonds.


                          Background and Existing Law  

          I.  Bond Acts.  When public agencies issue bonds, they  
          essentially borrow money from investors, who provide cash  
          in exchange for the agencies' commitment to repay the  
          principal amount of the bond plus interest.  Bonds are  
          usually either revenue bonds, which repay investors out of  
          revenue generated from the project the agency buys with  
          bond proceeds, or general obligation bonds, which the  
          public agency pays out of general revenues and are  
          guaranteed by its full faith and credit.  

          Section 1 of Article XVI of the California Constitution and  
          the state's General Obligation Bond Law guide the issuance  
          of the state's general obligation debt.  The Constitution  
          allows the Legislature to place general obligation bonds on  
          the ballot for specific purposes with a two-thirds vote of  
          the Assembly and Senate.  Voters also can place bonds on  
          the ballot by initiative, as they have for parks, water  
          projects, high-speed rail, and stem cell research, among  
          others.  Either way, general obligation bonds must be  
          ratified by majority vote of the state's electorate.    
          Unlike local general obligation bonds, the state's  
          electorate doesn't automatically trigger an increased tax  
          to repay the bonds when they approve a state general  
          obligation bond.  Article XVI of the California  
          Constitution commits the state to repay investors from  
          general revenues above all other claims, except payments to  
          public education.   California voters approved $38.4  
          billion of general obligation bonds between 1974 and 1999,  





          SB 848 - 2/20/14 -- PageB

          but approximately $95 billion since 2000.

          Bond acts have standard provisions that authorize the  
          Treasurer to sell a specified amount of bonds, and  
          generally include several uniform provisions that:
                 Establish the state's obligation to repay them, and  
               pledge its full faith and credit to repayment, 
                 Set forth issuance procedures, and link the bond  
               act to the state's General Obligation Bond Law,  
                 Create a finance committee with specified  
               membership, chaired by the State Treasurer,  
                 Charge the committee to determine whether it is  
               "necessary or desirable" to issue the bonds,
                 Add other mechanisms necessary for the Treasurer  
               and the Department of Finance to implement the bond  
               act, including allowing the board to request a loan  
               from the Pooled Money Investment Board to advance  
               funds for bond-funded programs prior to the bond sale,  
               among others.

          In bond acts, the Legislature generally:
                 Sets forth categories of projects eligible for bond  
               funds, such as library construction or school facility  
               modernization, 
                 Chooses an administrative agency to award the  
               funds, such as the State Librarian or the State  
               Allocation Board,   
                 Sets the criteria to guide the administrative  
               agency's funding in each category,  
                 Enacts enforcement and audit provisions, and
                 Provide for an election to approve the bond act.

          Should the voters approve the bond act, the Legislature  
          then appropriates funds to the chosen state agencies to  
          fund projects consistent with the criteria, generally as  
          part of the Budget Act.  The Department of Finance then  
          surveys departments to determine need for bond funds based  
          on a project's readiness, and then asks the Treasurer to  
          sell bonds in a specified amount.  After the bond sale, the  
          Department of Finance determines which bond acts and  
          departments receive bond proceeds.  

          The Legislature has enacted several bond acts through the  
          years to fund water projects in the following total  
          amounts: 
                 California Safe Drinking Water Bond Law of 1976  
               ($172 million),






          SB 848 - 2/20/14 -- PageC

                 Clean Water and Water Conservation Bond Law of 1978  
               ($375 million),
                 California Safe Drinking Water Bond Law of 1984  
               ($75 million),
                 Water Conservation and Water Quality Bond Law of  
               1986 ($150 million),
                 California Safe Drinking Water Bond Law of 1986  
               ($100 million),
                 California Safe Drinking Water Bond Law of 1988  
               ($75 million),
                 Water Conservation Bond Law of 1988 ($60 million),
                 Clean Water and Water Reclamation Bond Law of 1988  
               ($65 million),
                 Safe, Clean, Reliable Water Supply Act of 1996  
               ($995 million),
                 Safe Drinking Water, Water Quality and Supply,  
               Flood Control, River and Coastal Protection Bond Act  
               (2000) ($1.9 billion),
                 Safe Neighborhood Parks, Clean Water, Clean Air,  
               and Coastal Protection Bond Act of 2000 ($2.1  
               billion),
                 California Clean Water, Clean Air, Safe  
               Neighborhood Parks, and Coastal Protection Act of 2002  
               ($2.6 billion), and
                 Disaster Preparedness and Flood Prevention Bond Act  
               of 2006 ($4.1 billion).

          Additionally, voters have also approved the following bond  
          acts that funded water projects by initiative in the  
          following total amounts.
                 Water Security, Clean Drinking Water, Coastal and  
               Beach Protection Act of 2002 ($3.4 billion), and
                 Safe Drinking Water, Water Quality and Supply,  
               Flood Control, and River and Coastal Protection Bond  
               Act of 2006 ($5.4 billion).

          The Legislature enacted the Safe, Clean, and Reliable  
          Drinking Water Supply Act (SBx7 2, Cogdill, 2010), which  
          directed the Treasurer to sell $11.14 billion in bonds to  
          fund drought relief, water supply reliability, Delta  
          sustainability, statewide water system operational  
          improvement, conservation and watershed protection,  
          groundwater protection and water quality, and water  
          recycling. The SBx7 2 bond provides $455 million for  
          drought relief, $1.05 billion for water supply reliability,  
          $2.25 billion for delta sustainability, $3 billion for  
          statewide water system operational improvement, $1.785  






          SB 848 - 2/20/14 -- PageD

          billion for conservation and watershed protections, $1  
          billion for groundwater protection and water quality, and  
          $1 billion for water recycling programs.

          On February 26, 2013, this Committee and the Committee on  
          Natural Resources held a joint informational hearing  
          entitled "Overview of California's Debt Condition: Priming  
          the Pump for a Water Bond," where representatives from the  
          Treasurer's Office and Legislative Analyst's Office (LAO)  
          provided testimony relating to the state's general  
          obligation debt condition and the potential effects of  
          altering the SBx7 2 bond.  A recording of the hearing and  
          related documents are available online:  
           http://sntr.senate.ca.gov/informationaloversighthearings  

          While the joint hearing provided significant data regarding  
          the state's debt condition, since that time, updated  
          information as of January 1, 2014 shows a total of $127  
          billion of authorized debt, $75 billion of which is  
          outstanding, meaning the state issued the bonds and is  
          currently repaying them, and $27.5 billion authorized, but  
          not yet issued, according to the State Treasurer.   
          California paid approximately $4.7 billion from general  
          revenues to service that debt in 2012-13, $5.9 billion in  
          2013-14, and will pay $6.3 billion in 2014-15, according to  
          the Department of Finance.  However, these amounts are  
          offset by payments of around $1 billion from other sources,  
          such as truck weight fees.  

          The Legislature initially placed the SBx7 2 bond on the  
          November, 2010 ballot, but later moved it to November, 2012  
          (AB 1265, Caballero).  In 2012, the Legislature again moved  
          the measure to the November, 2014 ballot (AB 1422, Perea,  
          2012).  Concerned that the voters may not approve the $11.1  
          billion bond, the author wants to replace the measure with  
          a $6.825 billion bond to submit for voter approval in  
          November, 2014.

          II.  Reallocating Previously Authorized Bond Funds.    Four  
          previously enacted bond laws, the California Safe Drinking  
          Water Bond Law of 1986, the California Safe Drinking Water  
          Bond Law of 1986, the Safe, Clean, Reliable Water Supply  
          Act of 1996, and the Safe Drinking Water, Water Quality and  
          Supply, Flood Control, River and Coastal Protection Bond  
          Act of 2000 contain authorizations for approximately  
          $230,000 in bonds that have not yet been issued. 







          SB 848 - 2/20/14 -- PageE


                                   Proposed Law  

          I. Bond Act.  Senate Bill 848 repeals SBx7 2, and instead  
          enacts the Safe Drinking Water, Water Quality, and Water  
          Supply Act of 2014, which allows the Treasurer to issue  
          $6.825 in bonds to fund the Act's purposes upon voter  
          approval.

          In summary, the measure allocates $900 million for safe  
          drinking water and water quality projects, $2 billion for  
          water supply enhancement projects, $1.2 billion for the  
          Sacramento San Joaquin Delta, $1.7 billion in watershed and  
          ecosystem improvements, and $1.025 billion in water storage  
          projects.  For a more specific inventory of funding and  
          conditions, see the Committee on Natural Resources  
          Analysis:  
           http://www.leginfo.ca.gov/pub/13-14/bill/sen/sb_0801-0850/sb 
          _848_cfa_20140207_093744_sen_comm.html   or the Committee on  
          Environmental Quality's Analysis:   
           http://www.leginfo.ca.gov/pub/13-14/bill/sen/sb_0801-0850/sb 
          _848_cfa_20140218_111915_sen_comm.html  .

          SB 848 includes standard provisions from bond acts, and  
          incorporates other provisions from the General Obligation  
          Bond Law by reference, except for its provisions that limit  
          the use of the proceeds from the sale of bonds.  The bill  
          creates a finance committee to determine whether it is  
          necessary or desirable to issue the bonds. The committee  
          consists of the following members (or their designated  
          representatives):
                 The State Treasurer, as chair,
                 The Director of Finance,
                 The Controller,
                 The Director of Water Resources, and
                 The Secretary of the Natural Resources Agency.
           The measure allows the Department of Water Resources to  
          request a loan from the Pooled Money Investment Board.  

          II. Accountability, Oversight, and Clarifications.  Senate  
          Bill 848 directs the proceeds of bonds sold to be deposited  
          in the Safe Drinking Water, Water Quality, and Water Supply  
          Fund of 2014, created by the bill.  The Legislature must  
          appropriate funds according to the bill's purposes.   
          Additionally, the measure:
                 Caps, at 5%, an agency's costs of administration,
                 Caps, at 10%, an agency's finance, planning, and  






          SB 848 - 2/20/14 -- PageF

               monitoring costs necessary for the successful design,  
               selection and implementation of projects, as defined,
                 Provides that the Administrative Procedures Act  
               doesn't apply to the development of the bill's  
               programs, 
                 Directs agencies to develop project solicitation  
               and evaluation guidelines prior to disbursing grants  
               or loans, although agencies may use previously  
               developed guidelines,
                 Requires agencies to conduct three public meetings  
               to consider public comment prior to disbursing funds,  
               and publish the above required guidelines on their  
               websites 30 days prior to any meeting,
                 Requires projects funded with bond proceeds to  
               promote priorities contained in the Governor's State  
               Environmental Goals and Policy Report, as well as  
               sustainable communities strategies required by SB 375  
               (Steinberg, 2008).
                 Directs the Wildlife Conservation Board to achieve  
               its objectives on public lands or with voluntary  
               projects on private land to the extent feasible, and  
               allows the Board in consultation with the Department  
               of Fish and Wildlife to use funds to pay landowners  
               for specified purposes.  Funds cannot be used to  
               reduce any party's mitigation responsibilities.
                 Allows the Delta Conservancy to develop and  
               implement a competitive habitat credit exchange  
               mechanism,
                 Requires the Conservancy to coordinate, cooperate,  
               and consult with the city or county in which a grant  
               is proposed, and to only make acquisitions from  
               willing sellers.  The Conservancy must require local  
               grantees to demonstrate how local economic impacts  
               will be mitigated.
                 Bars bond funding from being used to acquire land  
               by eminent domain.
                 Directs agencies to use the California Conservation  
               Corps or certified community conservation corps for  
               restoration and ecosystem protection projects where  
               feasible.
                 Requires the State Auditor to conduct an annual  
               programmatic review and expenditure audit, and report  
               findings annually on or before March 1st. 
                 Prohibits funds from being used to support or pay  
               for the costs of environmental mitigation or  
               compliance obligations except as part of environmental  
               mitigation of projects financed by the bond, or for  






          SB 848 - 2/20/14 -- PageG

               the acquisition or transfer of water rights except for  
               permanent dedication under specified circumstances.
                 Provides that bond funds cannot be used for the  
               design, operation, construction, maintenance, or  
               mitigation of Delta conveyance facilities. 
                 Limits applicants to public agencies, nonprofit  
               organizations, public utilities, mutual water  
               companies, and Indian tribes having a federally  
               recognized governing body, as defined.  Projects  
               proposed by public utilities regulated by the  
               California Public Utilities Commission or mutual water  
               companies must have a clear and definite public  
               purpose and benefit the customers of the water system.
                 States that the bond act does not diminish, impair,  
               or otherwise affect in any manner any water rights or  
               protections.
                 Says that an area that uses water diverted and  
               conveyed from the Sacramento River hydrologic region  
               for use outside that region or the Delta shall not be  
               deemed to be immediately adjacent to or capable of  
               being conveniently supplied with water by virtue of  
               that diversion or conveyance that may be built for  
               that purpose after January 1, 2014.
                 Provides that the bond act doesn't supersede,  
               limit, or modify the applicability of Chapter 10 of  
               the Water Code, the state board's authority or  
               regulation of diversion and use of water, that of the  
               courts, the Sacramento-San Joaquin Delta Reform Act,  
               or the Wild and Scenic Rivers Act.
                  
          III. Reallocating Previously Authorized Bond Funds.  Senate  
          Bill 848 allows the Legislature to appropriate funds from  
          the Safe Drinking Water Bond Law of 1986, the California  
          Safe Drinking Water Bond Law of 1986, the Safe, Clean,  
          Reliable Water Supply Act of 1996, and the Safe Drinking  
          Water, Water Quality and Supply, Flood Control, River and  
          Coastal Protection Bond Act of 2000 for water supply grants  
          and expenditures upon voter approval.

          IV. Other Provisions.  SB 848 clarifies that bond proceeds  
          are not subject to the "Gann Limits" on government spending  
          (California Constitution, Article XIIIB).  The measure also  
          makes legislative findings and declarations, and defines  
          many of its terms.  The bill also contains an urgency  
          clause with specific facts justifying the urgency.  








          SB 848 - 2/20/14 -- PageH

                               State Revenue Impact
           
          No estimate.


                                     Comments  

          1.   Purpose of the bill  .  According to the Author,  
          "California faces critical water challenges in the next  
          decade.  Legal battles and controversial projects have  
          slowed the response to the ecosystem crisis in the Delta.   
          Small communities throughout the Central Valley lack access  
          to safe drinking water.  Our cities face some of the  
          highest flood risks of any metropolitan areas in the  
          country.  Climate change is stressing water supplies  
          throughout California.  Funding to meet these water  
          challenges is dwindling. Yet, controversy and lack of  
          fiscal restraint have resulted in water bond proposals that  
          are not viable and cannot be supported by California's  
          voters.  SB 848 is a $6.8 billion water bond that focuses  
          on California's most critical and broadly supported water  
          needs: regional and local water supplies throughout the  
          state; critical drinking water needs; delta ecosystem  
          restoration and stronger levees to improve water delivery;  
          groundwater and surface water storage that provide public  
          benefits; and better flood protection.  SB 848 would  
          replace the $11.14B, pork-filled water bond currently  
          slated for the 2014 ballot-which is too expensive and too  
          controversial to ever pass with the voters.

          SB 848 doesn't fund everything. It doesn't fund enormous  
          tunnels or large projects that lack consensus.  But it does  
          fund a great number of water supply improvements for every  
          community in the state, including new water systems,  
          surface and groundwater storage projects, groundwater  
          cleanup, recycling and conservation.   Only the most  
          fiscally competitive projects will be funded.  SB 848  
          focuses on financing the most cost-effective local and  
          regional projects, projects that will provide greater water  
          supply independence and self-reliance while delivering a  
          more clean and reliable supply of water for all of  
          California's communities."

          2.  Sixteen tons  .  Debt is an essential part of almost every  
          government, business, and personal balance sheet, as  
          borrowers seek funds from lenders in exchange for a future  
          commitment to repay them.  However, evaluating the State's  






          SB 848 - 2/20/14 -- PageI

          general obligation debt is difficult; both the State  
          Treasurer and the Legislative Analyst's Office suggest  
          there's no correct amount.  Instead, experts suggest that  
          states should look at three criteria: affordability,  
          comparability, and optimality<1>:

          California's debt is affordable; the State Treasurer  
          estimates that the state will spend 7.7% of General Fund  
          revenues on debt service in 2012-13.  However, these costs  
          reduce the funding that is available for other priorities.   
          Debt service is one of the fastest growing state costs,  
          expected to reach $8.6 billion in 2017-18 assuming no new  
          authorizations, according to the Governor's Five-Year  
          Infrastructure Plan.  The Plan proposes no new general  
          obligation bonds, instead relying on more limited  
          lease-revenue bonds because of the increased debt burden.

          California's comparability to other states is less  
          favorable.  The State Treasurer's Debt Affordability Report  
          contains the following chart:


           ------------------------------------------------------------ 
          |Debt Ratios Of 10 Most Populous States, Ranked By Ratio Of  |
          |Debt To Personal Income                                     |
          |                                                            |
           ------------------------------------------------------------ 
          |----------------+-----------+--------+---------+-----------|
          |     State      | Moody's/  |Debt To |Debt Per | Debt As A |
          |                |   S&P/    |Personal|Capita(b)|    %      |
          |                | Fitch(a)  |        |         | Of State  |
          |                |           |Income(b|         | GDP(b)(c) |
          |                |           |   )    |         |           |
          |----------------+-----------+--------+---------+-----------|
          |Texas           |Aaa/AA+/AAA|  1.5%  |  $580   |   1.16%   |
          |                |           |        |         |           |
          |----------------+-----------+--------+---------+-----------|
          |Michigan        |Aa2/AA-/AA |  2.2%  |  $800   |   2.05%   |
          |                |           |        |         |           |
          |----------------+-----------+--------+---------+-----------|
          |North Carolina  |Aaa/AAA/AAA|  2.4%  |  $853   |   1.89%   |
          |                |           |        |         |           |
          -------------------------
           <1>
           Robert Wassmer and Ronald Fisher "Debt Burdens of  
          California State and Local Governments: Past, Present and  
          Future." As requested and supported by the California Debt  
          and Investment Advisory Commission.  July 2011.





          SB 848 - 2/20/14 -- PageJ

          |----------------+-----------+--------+---------+-----------|
          |Pennsylvania    |Aa2/AA/AA+ |  2.8%  | $1,208  |   2.66%   |
          |                |           |        |         |           |
          |----------------+-----------+--------+---------+-----------|
          |Ohio            |Aa1/AA+/AA+|  2.8%  | $1,047  |   2.50%   |
          |                |           |        |         |           |
          |----------------+-----------+--------+---------+-----------|
          |Florida         |Aa1/AAA/AAA|  2.8%  | $1,087  |   2.78%   |
          |                |           |        |         |           |
          |----------------+-----------+--------+---------+-----------|
          |Georgia         |Aaa/AAA/AAA|  3.0%  | $1,061  |   2.51%   |
          |                |           |        |         |           |
          |----------------+-----------+--------+---------+-----------|
          |Illinois        | A3/A-/A-  |  5.7%  | $2,526  |   4.85%   |
          |----------------+-----------+--------+---------+-----------|
          |California      |  A1/A/A   |  5.8%  | $2,565  |   4.98%   |
          |----------------+-----------+--------+---------+-----------|
          |New York        |Aa2/AA/AA  |  6.3%  | $3,174  |   5.36%   |
           ----------------------------------------------------------- 
           ------------------------------------------------------------ 
          |                             |        |         |           |
          |Moody's Median All States    |  2.8%  | $1,074  |   2.47%   |
          |                             |        |         |           |
          |-----------------------------+--------+---------+-----------|
          |                             |        |         |           |
          |Median For The 10 Most       |  2.8%  | $1,074  |   2.59%   |
          |Populous States              |        |         |           |
                                       |                             |        |         |           |
           ------------------------------------------------------------ 
           ------------------------------------------------------------ 
          |                                                            |
          |(a) Moody's, Standard & Poor's, and Fitch Ratings as of     |
          |September 2012.                                             |
          |                                                            |
          |(b) Figures as reported by Moody's in its 2012 State Debt   |
          |Medians Report released May 2012. As of calendar year end   |
          |2011.                                                       |
          |                                                            |
          |(c) State GDP numbers have a one-year lag.                  |
          |                                                            |
          |                                                            |
           ------------------------------------------------------------ 

          Determining optimality or whether government is investing  
          in the quantity and quality of public capital desired by  
          residents, and financing the appropriate share with debt,  
          is very difficult.  LAO recommends that the Legislature  






          SB 848 - 2/20/14 -- PageK

          consider the recently released Five-Year Infrastructure  
          Plan as a starting point to developing a coordinated  
          approach to infrastructure funding, and establish a  
          committee to focus on statewide infrastructure.  In the  
          water area, LAO recommends:
                 Reduce infrastructure demand, 
                 Ensure that beneficiaries and polluters pay, 
                 Decide on a mix of state funding mechanisms and  
               sources, and match them with each activity,
                 Use bond funds for large capital projects that meet  
               a need over several decades, and
                 Determine relative priority for water  
               infrastructure as part of the state's total need.

          3.   Power to the people  .  SB 848 repeals the larger SBx7 2  
          bond, and replaces it with one $4.275 billion cheaper.   
          However, any debt analysis is contingent on whether voters  
          are more likely to approve this bond, the previous one, or  
          none at all:  Should SB 848 be enacted, the voters will  
          decide whether to add $6.825 to the total of authorized  
          general obligation bonds, thereby limiting the amount  
          voters could add on top of California's current $127  
          billion total.  However, the state won't incur any debt  
          should the Legislature choose not to replace the SBx7 2  
          bond, and voters reject it.

          4.   The good news  .  Investors ultimately determine a  
          state's creditworthiness and the interest rate paid on a  
          bond when they bid to purchase one.  However, ratings  
          issued from the three major ratings agencies often inform  
          investors and then public regarding the investment risk of  
          purchasing a California general obligation bond.  These  
          ratings change over time in response to a state's fiscal  
          situation and economy, among other factors.  In January,  
          ratings agency Standard and Poor's raised the outlook on  
          the state's general obligation debt from stable to  
          positive, which often portends an upgrade, following on the  
          agency's boost for California from A- to A last year, as  
          well as Fitch's upgrade last August.  However, the state  
          still has the second lowest rating in the nation.  

          5.   The bad news  . California has a distinct problem: of the  
          $127 billion that voters have authorized, almost $27  
          billion hasn't been issued yet.  The state hasn't issued  
          almost $7 billion in transportation bonds, and $9.2 billion  
          in high speed rail bonds, because the projects haven't yet  
          received the needed approvals.  Should the voters approve  






          SB 848 - 2/20/14 -- PageL

          new general obligation debt for water, the state would  
          either have to sell sufficient debt to fund everything, and  
          increase debt service costs accordingly, or choose which of  
          these projects should be funded first.

          6.   Second thoughts .  SB 848 allows the Legislature to  
          appropriate funds from four previously authorized bonds  
          with voter approval.  The Legislature has given similar  
          authority with voter approval three times before:
                 AB 1168 (Greene, 1996), which voters approved as  
               Proposition 203.  
                 SB 900 (Costa, 1996), which voters approved as  
               Proposition 204, and 
                 AB 1584 (Machado, 2000), approved as Proposition  
               13.   
          SB 848 would allow the Legislature to appropriate from both  
          measures' bonding authority.  Alternatively, the  
          Legislature can also return unissued bond authority to the  
          general fund.  However, SB 848's specific language should  
          be conformed to the previous measures by amending the bill  
          to more closely resemble these previously approved measures

          7.   Technicals  .   The Committee on Natural Resources heard  
          SB 848 on February 11th, and the Committee on Environmental  
          Quality on February 19th.  Given the bill's relatively  
          rapid movement, there may be technical and clarifying  
          amendments necessary in addition to the change recommended  
          in Comment #6.

          8.   Urgency  .  The California Constitution requires the  
          Legislature to approve bond acts by a 2/3 vote.   
          Additionally, SB 848 contains an urgency clause that  
          provides that the bill will take effect immediately if  
          enacted, not on the typical effective date of January 1,  
          2015.

          9.   Other measures  .  SB 848 is one of several water bond  
          proposals, including:
                 SB 927 (Cannella and Vidak) - amends the SBx7 2  
               bond, reduces the authorized amount from $11.1 billion  
               to $9.2 billion, and renames the measure the Safe,  
               Clean, and Reliable Drinking Water Supply Act of 2014.  

                 SB 1080 (Fuller) - currently legislative intent  
               only.
                 SB 1250 (Hueso) - currently legislative intent  
               only.






          SB 848 - 2/20/14 -- PageM

                 SB 1370 (Galgiani) - repeals SBx7 2 bond, and  
               replace it with the Reliable Water Supply Bond Act of  
               2014, a $5.1 billion bond that funds three surface  
               water storage projects.
                 AB 1331 (Rendon) - repeals the SBx7 2 bond, and  
               replaces it with the Clean and Safe Drinking Water Act  
               of 2014, a $6.5 billion bond  that finances a variety  
               of water resources related programs and projects.
                 AB 1445 (Logue) - repeals the SBx7 2 bond, and  
               replaces it with the California Water Infrastructure  
               Act of 2014, a $5.8 billion bond to finance public  
               benefits associated with water storage projects.
                 AB 2043 (Bigelow) - repeals the SBx7 2 bond, and  
               replaces it with the Safe, Clean, and Reliable Water  
               Supply Act, a $7.935 billion bond for drought relief,  
               water supply reliability, Delta sustainability,  
               statewide water system improvement, groundwater  
               protection and water quality, as well as a water  
               recycling, conservation, and efficiency program.  


                         Support and Opposition  (2/24/14)

           Support  :  American Planning Association; Bay Area Open  
          Space Council; Big Sur Land Trust, California Association  
          of Local Conservation Corps.; California Association of  
          Resource Conservation Districts; California Trout (seek  
          amendments); Castroville CSD; City of Cloverdale; City of  
          Cotati; City of Healdsburg; City of Rohnert Park; City of  
          Sonoma; City of Ukiah; City of Watsonville; City of Santa  
          Rosa; Clean Water Action (seek amendments); Community Water  
          Center (seek amendments); Contra Costa County Board of  
          Supervisors; County of Marin; County of Monterey; County of  
          Sacramento; County of San Joaquin; County of Santa Cruz;  
          County of Solano; County of Sonoma; County of Ventura;  
          County of Yolo; Davenport Sanitation District; Ecology  
          Action; Environmental Defense Fund; Freedom Sanitation  
          District; Friends of the Friends of the Desert Mountains;  
          Gold Ridge Resource Conservation District; Heal the Bay  
          (seek amendments); Hidden Valley Lake Water District;  
          Humboldt Bay Municipal Water District; John J. Benoit,  
          Riverside County Supervisor; Land Trust of Santa Cruz  
          County; Leadership Counsel for Justice and Accountability  
          (seek amendments); Marin Municipal Water District; Monterey  
          County Water Resources Agency; Napa County Resource  
          Conservation District; Natural Resources Defense Fund;  
          Nature Conservancy; North Bay Watershed Association; North  






          SB 848 - 2/20/14 -- PageN

          Bay Water Reuse Authority; North Marin Water District;  
          Novato Sanitary District; Occidental CSD; Pajaro Valley  
          Water Management Agency; Peninsula Open Space Trust;  
          PolicyLink (seek amendments); Resource Conservation  
          District of Santa Cruz County; Russian River CSD; Russian  
          River Watershed Association;; Sacramento Regional County  
          Sanitation District; ; Santa Cruz County Resource  
          Conservation District; Santa Rosa Board of Public  
          Utilities; Sierra Club of California;; Solano County Water  
          Agency; Sonoma County Water Agency; Sonoma RCD; Sonoma  
          Valley CSD; Soquel Creek Water District; South Park CSD;  
          Town of Windsor; Trout Unlimited (seen amendments); Valley  
          of the Moon Water District;; Water Bond Coalition

           Opposition  :  Association of California Water Agencies  
          (unless amended); Browns Valley Irrigation District (unless  
          amended); California Alliance for Jobs; California Building  
          Industry Association (unless amended); California Business  
          Properties Association; California Chamber of Commerce;  
          California Citrus Mutual; California Cotton Ginners and  
          Growers Association; California Farm Bureau Federation  
          (unless amended); Calleguas Municipal Water District  
          (unless amended); Castaic Lake Water Agency; City of  
          Corona; Dublin San Ramon Services District (unless  
          amended); Eastern Municipal Water District (unless  
          amended); Helix Water District (unless amended); Kern  
          County Water Agency; Las Virgenes Municipal Water District  
          (unless amended); Mesa Water District (unless amended);  
          Metropolitan Water District of Southern California (unless  
          amended); Mojave Water Agency; Monte Vista Water District  
          (unless amended); Moulton Niguel Water District (unless  
          amended); Nisei; Northern California Water Association  
          (unless amended); Riverside Public Utilities (unless  
          amended); San Bernardino Valley Municipal Water District;  
          Santa Ana Watershed Project Authority; South Tahoe Public  
          Utilities District (unless amended); Southern California  
          Water Committee; Three Valley's Municipal Water District  
          (unless amended); Upper San Gabriel Valley Municipal Water  
          District; Valley Center Municipal Water District (unless  
          amended); Western Agricultural Processors Association;  
          Western Growers Association; Western Municipal Water  
          District; Westlands Water District; Wheeler Ridge-Maricopa  
          Water Storage District.