Other Bills of Interest from AENR
April 15, 2016
AB 2616 (Burke) – Request for Comments
As Amended April 12, 2016
AB 2616, by Assembly Member Autumn Burke, would make changes to the make-up of the Coastal Commission. This bill would add three new public seats representing Environmental Justice communities to the Commission. Eligible individuals would be people that work directly with communities in the state that are most burdened by, and vulnerable to, high levels of pollution and issues of environmental justice, including, but not limited to, communities with diverse racial and ethnic populations and communities with low-income populations. The Governor, the Senate Committee on Rules, and the Speaker of the Assembly shall each appoint one of these members. These members would not be required to be elected or reside in coastal counties. The bill also requires the Commission, when acting on a Coastal development permit to consider environmental justice, or the equitable distribution of environmental benefits throughout the state. This bill will be heard in the Assembly Natural Resources Committee on April 18th.
Property Assessed Clean Energy (PACE)
AB 2693 (Dababneh) – Oppose
As Amended March 17, 2016
AB 2693, by Assembly Member Dababneh, would eliminate the senior lien status of property assessed clean energy (PACE) assessment and create additional notice requirements. CSAC is very supportive of the PACE program, which allows property owners to finance energy and water efficiency and renewable energy improvements through locally-backed financing which is repaid through an assessment on the property tax bill. Local governments believe in transparency and are open to increased notice opportunities to those choosing to take advantage of PACE financing. However, eliminating the senior lien status of PACE assessments would essentially prohibit the use of property tax assessments to secure the financing, the major attractant of the program. AB 2693 creates a financing structure that would make PACE unaffordable, unsustainable and unavailable. Not only does that structure attack the very foundation of PACE, it is does so without regard to options already available in the marketplace enabling homeowners to subordinate their PACE assessment contractually to an incoming first deed of trust. As California continues to work with the Federal Housing Financing Agency (FHFA) to develop resolution on the priority lien status issue, we strongly believe that this bill would impair this process. This bill has been pulled from its original set hearing date of April 18th in the Assembly Banking and Finance Committee.