BILL ANALYSIS
------------------------------------------------------------
|SENATE RULES COMMITTEE | AB 1663|
|Office of Senate Floor Analyses | |
|1020 N Street, Suite 524 | |
|(916) 445-6614 Fax: (916) | |
|327-4478 | |
------------------------------------------------------------
THIRD READING
Bill No: AB 1663
Author: Assembly Utilities and Commerce Committee
Amended: 8/17/99 in Senate
Vote: 21
SENATE ENERGY, U.&C. COMMITTEE : 10-0, 7/13/99
AYES: Bowen, Alarcon, Baca, Brulte, Hughes, Kelley, Peace,
Solis, Speier, Vasconcellos
NOT VOTING: Mountjoy
SENATE APPROPRIATIONS COMMITTEE: 12-0, 8/23/99
AYES: Johnston, Alpert, Bowen, Burton, Johnson, Karnette,
Kelley, Leslie, McPherson, Mountjoy, Perata, Vasconcellos
NOT VOTING: Escutia
ASSEMBLY FLOOR : 78-1, 5/27/99 - See last page for vote
SUBJECT : Energy conservation assistance
SOURCE : Author
DIGEST : This bill extends the sunsets on a number of
energy conservation-related assistance and subsidy
programs.
ANALYSIS : This bill extends the sunset date on a State
Public Works Board (SPWB) program which issues revenue
bonds to finance the cost of cogeneration equipment,
alternative energy equipment, and conservation measures in
public buildings until January 1, 2005.
CONTINUED
AB 1663
Page
2
This bill extends the sunset date until January 1, 2011 for
two California Energy Commission (CEC) grant and loan
programs for local governments and public institutions to
finance energy conservation measures, and makes minor
changes to those programs. These two programs are known by
their account names: the State Energy Conservation
Assistance account (SECA) funded by the General Fund, and
the Local Jurisdiction Energy Assistance account (LJEA)
funded by Petroleum Violation Escrow Account (PVEA) funds.
This bill extends the sunset date on the authorization for
a program which allows state agencies to share benefits
resulting from energy and water projects with the state
until January 1, 2005.
Background
The SPWB is authorized to issue up to $50 million annually
in revenue bonds to finance any cost-effective project that
reduces utility costs at state-owned facilities. This
program, which is run out of the Department of General
Services, has financed over $200 million in projects at
state agencies, community colleges, and California State
University and University of California campuses. This
program is scheduled to sunset at the end of this year.
The SECA and LJEA are similar programs used to finance
energy efficiency projects by local governments. These
programs, which are administered by the CEC, have funded
over 500 loans worth over $60 million that have resulted in
savings of approximately $250 million, according to the CEC
staff. The SECA program sunsets on January 1, 2001 and the
LJEA program sunsets one year later. This bill extends the
sunset on both programs until January 1, 2011.
This bill also amends the SECA and LJEA programs to extend
the maximum loan period for SECA loans from 11 years to 15
years.
FISCAL EFFECT : Appropriation: No Fiscal Com.: Yes
Local: No
Unknown moderate costs to issue revenue debt; costs likely
offset by future energy savings.
AB 1663
Page
3
SUPPORT : (Verified 8/25/99)
Department of General Services
ASSEMBLY FLOOR :
AYES: Aanestad, Ackerman, Alquist, Aroner, Ashburn,
Baldwin, Bates, Battin, Baugh, Bock, Brewer, Briggs,
Calderon, Campbell, Cardenas, Cardoza, Cedillo, Corbett,
Correa, Cox, Cunneen, Davis, Dickerson, Ducheny, Dutra,
Firebaugh, Florez, Frusetta, Gallegos, Granlund, Havice,
Hertzberg, Honda, House, Jackson, Kaloogian, Keeley,
Knox, Kuehl, Leach, Lempert, Leonard, Longville,
Lowenthal, Machado, Maddox, Maldonado, Margett, Mazzoni,
Migden, Nakano, Olberg, Oller, Robert Pacheco, Rod
Pacheco, Papan, Pescetti, Reyes, Romero, Runner, Scott,
Shelley, Soto, Steinberg, Strickland, Strom-Martin,
Thompson, Thomson, Torlakson, Vincent, Washington, Wayne,
Wesson, Wiggins, Wildman, Wright, Zettel, Villaraigosa
NOES: McClintock
NOT VOTING: Floyd
NC:sl 8/25/99 Senate Floor Analyses
SUPPORT/OPPOSITION: SEE ABOVE
**** END ****