BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  SB 1203
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          SENATE THIRD READING
          SB 1203 (Jackson)
          As Amended  August 21, 2014
          Majority vote

           SENATE VOTE  :33-0  
           
           REVENUE & TAXATION  8-1                                         
           
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          |Ayes:|Bocanegra, Harkey,        |     |                          |
          |     |Gordon, Bloom, Dahle,     |     |                          |
          |     |Pan, V. Manuel P�rez,     |     |                          |
          |     |Ting                      |     |                          |
          |     |                          |     |                          |
          |-----+--------------------------+-----+--------------------------|
          |Nays:|Beth Gaines               |     |                          |
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :  Provides that, notwithstanding any other law, on or  
          after January 1, 2015, a local government shall not enter into a  
          payment in lieu of taxes (PILOT) agreement with a property owner  
          of a low-income housing project.  Specifically,  this bill  :   

          1)Provides that any PILOT agreement entered into in violation of  
            this prohibition shall be void and unenforceable.

          2)Provides that, notwithstanding any other law, any outstanding  
            ad valorem tax, interest, or penalty that was levied between  
            January 1, 2012, and January 1, 2015, as a result of a PILOT  
            agreement shall be cancelled, and any tax, interest, or  
            penalty, as so levied, that was paid prior to January 1, 2015,  
            shall be refunded.  

          3)Provides that, on or after January 1, 2015, an escape or  
            supplemental assessment shall not be levied on the basis that  
            payments made under a PILOT agreement were, or are being, used  
            in a manner incompatible with the certification requirement  
            contained in Revenue and Taxation Code (R&TC) Section  
            214(g)(2)(B).

          4)Amends R&TC Section 214 (governing the welfare exemption) in  
            numerous respects, by:

             a)   Providing that, for purposes of the low-income housing  








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               exemption, owners shall be entitled to a partial exemption  
               equal to that percentage of the property's value that is  
               equal to the percentage that the number of units serving  
               lower income households represents of the total number of  
               residential units;  

             b)   Defining the term "related facilities" as any manager's  
               units and any and all common area spaces that are included  
               within the physical boundaries of the rental housing  
               development, including, but not limited to, common area  
               space, walkways, balconies, patios, clubhouse space,  
               meeting rooms, laundry facilities and parking areas, except  
               any portions of the overall development that are nonexempt  
               commercial space; and,   

             c)   Defining the term "units serving lower income  
               households" as units that are occupied by lower income  
               households at an affordable rent, as defined in Health and  
               Safety Code (HSC) Section 50053 or, to the extent that the  
               terms of federal, state, or local financing or financial  
               assistance conflicts with HSC Section 50053, rents that do  
               not exceed those prescribed by the terms of the financing  
               or financial assistance.  Units reserved for lower income  
               households at an affordable rent that are temporarily  
               vacant due to tenant turnover or repairs shall be counted  
               as occupied.  

          5)Provides that this bill shall become operative only if AB 1760  
            (Chau) of the current legislative session is enacted and takes  
            effect on or before January 1, 2015.

           EXISTING LAW  :

          1)Authorizes the Legislature to exempt from taxation property  
            used exclusively for religious, hospital, or charitable  
            purposes, as specified.  (California Constitution Article  
            XIII, Section 4(b).)  The Legislature has implemented this  
            "welfare exemption" in R&TC Section 214.  

          2)Exempts low-income housing developments operated by non-profit  
            organizations, as specified.

          3)Imposes a "certification requirement" on low-income housing  
            owners seeking the welfare exemption.  Specifically, the law  
            requires a project's owner to "[c]ertify that the funds that  








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            would have been necessary to pay property taxes are used to  
            maintain the affordability of, or reduce rents otherwise  
            necessary for, the units occupied by lower income households."

           FISCAL EFFECT  :  Unknown.  This bill is keyed non-fiscal by the  
          Legislative Counsel.  The State Board of Equalization (BOE)  
          notes that information on the number of PILOT agreements in  
          place has been difficult to obtain, making it impossible to  
          assess the full fiscal impact of this bill.  To date, the BOE  
          has identified four low-income housing projects that have  
          received escape assessments for prior years' taxes as a result  
          of PILOT payments.  Two of these projects have entered into  
          five-year payment plans and have paid a total of $450,000 toward  
          outstanding liabilities of over $6.1 million.  In other projects  
          where PILOT agreements became an issue, the local government  
          dropped the PILOT payment requirement to ensure the project  
          would remain eligible for the welfare exemption.

           COMMENTS  :  The author has provided the following statement in  
          support of this bill:

               As a condition of project approval, some local  
               governments have required affordable housing  
               developers to agree to annual PILOT payments, often  
               equal to the share of the jurisdiction's share of the  
               property tax.  

               Most recently, some county assessors are threatening  
               certain affordable housing projects that make PILOT  
               payments with the cancellation of their welfare  
               exemption and the imposition of back taxes for past  
               years when PILOT payments were made.  

               Back taxes on PILOT agreements are often in the  
               hundreds of thousands of dollars.  These assessments  
               threaten to bankrupt the affordable housing  
               developments, which would result in the loss of  
               precious affordable housing.  

               Affordable housing developments provide critical  
               opportunities for our low-income residents.  Often,  
               these units can be their last resort before becoming  
               homeless.  As confirmed by Legislative Counsel in  
               2012, there is no legal authority to charge these  
               PILOT fees.  Affordable housing developments should be  








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               protected by the welfare exemption, not burdened by  
               local governments requiring PILOT fees.  

          Assembly Revenue and Taxation Committee comments:

          The welfare exemption for low-income housing developments:   
          California Constitution Article XIII, Section 4(b) authorizes  
          the Legislature to exempt from taxation property used  
          exclusively for religious, hospital, or charitable purposes, as  
          specified.  The Legislature has implemented this "welfare  
          exemption" in R&TC Section 214.  

          AB 2144 (Filante), Chapter 1469, Statutes of 1987, amended R&TC  
          Section 214 specifically to exempt low-income housing  
          developments operated by non-profit organizations.  As noted in  
          the Senate Revenue and Taxation Committee analysis, AB 2144's  
          proponents argued that the property tax funds then being paid  
          "could better be used in furtherance of the goals of providing  
          low income housing."  

          To this end, R&TC Section 214(g) currently includes a  
          "certification requirement" for low-income housing owners  
          seeking the welfare exemption.  Specifically, the law requires a  
          project's owner to "[c]certify that the funds that would have  
          been necessary to pay property taxes are used to maintain the  
          affordability of, or reduce rents otherwise necessary for, the  
          units occupied by lower income households."  (R&TC Section  
          214(g)(2)(B).)  

          PILOT agreements:  Since local governments do not receive their  
          share of property taxes from exempt properties, certain local  
          governments have entered into agreements with low-income housing  
          developers to compensate them for their lost revenues.  These  
          agreements, known as PILOT agreements, often provide for  
          payments that closely resemble property tax payments.  

          A recent informal survey of low-income housing developers  
          provides some insight into the nature and structure of PILOT  
          agreements currently in place in California.  According to the  
          survey, payment amounts are determined in various ways,  
          including as:  a portion or all of the property taxes the local  
          government would have received without the exemption, a  
          percentage of the project's assessed value, a flat fee, and an  
          amount to compensate for police and fire service needs generated  
          by the project's residents.  A few PILOT agreements provided to  








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          committee staff were also structured to increase the payment  
          amount over time.

          While there is no express authority for low-income housing  
          developers to pay PILOTs, PILOTs are authorized in state statute  
          in two cases:  for low-income housing owned by either public  
          housing authorities or federally recognized Indian tribes.

          The potential impact of a PILOT agreement on a project's welfare  
          exemption:  Recently, a question has arisen regarding whether  
          the existence of a PILOT agreement jeopardizes a low-income  
          development's welfare exemption.  Specifically, some have argued  
          that the existence of a PILOT agreement negates a developer's  
          ability to certify, as required by R&TC Section 214(g)(2)(B),  
          that property tax savings are being used to reduce rents or  
          maintain unit affordability.  As a result, at least one county  
          assessor has begun to pursue escape assessments for prior years,  
          claiming that back property taxes are owed for prior years in  
          which PILOT agreement payments were made.  Affordable housing  
          advocates and low-income developers alike note that the economic  
          burden of these escape assessments jeopardizes the very  
          feasibility of these projects.

          How this bill addresses the problem:  This bill addresses the  
          prevailing state of confusion by making clear that low-income  
          housing developments should not face the retroactive revocation  
          of their welfare exemption simply by virtue of having made  
          payments under a PILOT agreement.  Specifically, this bill  
          provides that, notwithstanding any other law, any outstanding ad  
          valorem tax, interest, or penalty that was levied between  
          January 1, 2012, and January 1, 2015, as a result of a PILOT  
          agreement shall be cancelled, and any tax, interest, or penalty,  
          as so levied, that was paid prior to January 1, 2015, shall be  
          refunded.  

          This bill also reasserts the underlying purpose of the welfare  
          exemption by prohibiting local governments and low-income  
          housing owners from entering into any PILOT agreement on or  
          after January 1, 2015.  A PILOT agreement entered into in  
          violation of this prohibition would be void and enforceable.  


           Analysis Prepared by  :    M. David Ruff / REV. & TAX. / (916)  
          319-2098 









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