BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 425
                                                                  Page  1

          CONCURRENCE IN SENATE AMENDMENTS
          AB 425 (Campbell)
          As Amended June 24, 2004
          Majority vote
           
           ----------------------------------------------------------------- 
          |ASSEMBLY:  |     |(June 3, 2003)  |SENATE: |32-0 |(July 1, 2004) |
           ----------------------------------------------------------------- 
                    (vote not relevant)

          Original Committee Reference:   U.& C.  
           
          SUMMARY  :  Authorizes various transactions between the City of  
          Newport Beach (City) and the County of Orange (County)  
          concerning public trust lands and authorizes the City to expend  
          certain tideland-related funds for the Upper Newport Beach  
          Ecological Reserve (Reserve).

           The Senate amendments  delete the Assembly version of this bill  
          and instead:

          1)Declare that expenditures by the City from its Tideland  
            Capital Fund to acquire or improve real property in the  
            Reserve is in furtherance of trust purposes, irrespective of  
            the status of the real property as state tide and submerged  
            lands.

          2)Authorize the City to make expenditures from its Tideland  
            Operation and Maintenance Fund and Upper Newport Bay  
            Restoration Fund for lands and facilities within the Reserve,  
            irrespective of their status as state tide and submerged  
            lands, if in furtherance of the public trust.

          3)Authorize the City, with the concurrence of the State Lands  
            Commission (SLC), to convey to the County, subject to the  
            public trust, certain described lands.

          4)Confirm that certain described lands, which are owned by the  
            County and dedicated by the County to the public trust, are to  
            be held in trust by the County pursuant to existing statutes  
            governing trust lands.

          5)Authorize the County, with the concurrence of SLC, to convey  
            to the City, subject to the public trust, certain described  
            lands.








                                                                  AB 425
                                                                  Page  2


           AS PASSED BY THE ASSEMBLY  , this bill authorized the Public  
          Utilities Commission, as part of its rate-setting function, to  
          authorize, through the end of 2008, pricing incentives for heavy  
          industrial customers that agree to optional interruptable or  
          curtailable electrical service.

           FISCAL EFFECT  :  Unknown

           COMMENTS  :  This bill was completely amended in the Senate, and  
          the provisions of this bill as approved by the Assembly were  
          deleted.  


           Analysis Prepared by  :    Jeff Arthur / NAT. RES. / (916)319-2092


                                                                FN: 0006457