BILL ANALYSIS AB 1663 Page 1 Date of Hearing: May 12, 1999 ASSEMBLY COMMITTEE ON APPROPRIATIONS Carole Migden, Chairwoman AB 1663 (Utilities and Commerce Committee) - As Introduced: March 11, 1999 Policy Committee: U&C Vote:11-0 Urgency: No State Mandated Local Program:NoReimbursable: SUMMARY : This bill extends the sunsets on a number of energy conservation-related assistance and subsidy programs and modifies the structure of a particular California Energy Commission (CEC) energy assistance program for local jurisdictions and public institutions, as follows: 1)Extends, by 10 years to January 1, 2011, the CEC-administered State Energy Conservation Assistance (SECA) program, by which local governments and other public institutions are awarded loans and grants to maximize energy use savings. 2)Broadens the purposes for which CEC technical assistance may be provided under SECA, increases the maximum maturity, from 11 years to 15 years, for SECA loans, and specifies that the maximum allowable annual level of funding for energy-related services for eligible institutions is 10% of the July 1st balance of the SECA Account, rather than 10% of the annual appropriations from that account. 3)Allows CEC to award SECA grants to demonstrate "market transformation" projects and specifies that the maximum annual level of grant awards is 5% of the July 1 balance of the SECA Account rather than 5% of the annual appropriations from that account. 4)Extends, by nine years to January 1, 2011, the sunset on the CEC's Local Jurisdiction Energy Assistance (LJEA) program, eliminates a 25% local match for receiving financial assistance under LJEA, and modifies the purposes for which financial assistance may be applied. AB 1663 Page 2 5)Extends, for five years to January 1, 2005, the sunset on the State Public Works Board's (PWB's) authority to issue revenue debt to finance cogeneration equipment, alternative energy equipment and conservation measures for public buildings and specifies that the aggregate debt authorization for the 10-year period starting with FY 1982-83 is $500 million. 6)Extends, by five years to January 1, 2005, the sunset on legislative findings and declarations related to the need to promote all feasible means of water conservation. FISCAL EFFECT : Moderate costs, about $300,000 annually, resulting from extension of the sunsets on CEC financial assistance programs and on the PWB's authority to issue revenue debt to finance energy conservation measures at public buildings. (General Fund and various special funds.) COMMENTS : Rationale . The author wishes to extend energy assistance related programs at both the CEC and the PBW (at the Department of General Services) for another five and 10 years, depending on the particular program. These programs have generally proved to be successful and cost-effective with savings, in terms of reduced state and local energy conservation, exceeding costs. Analysis Prepared by : Steve Archibald / APPR. / (916)319-2081