BILL ANALYSIS                                                                                                                                                                                                    



                                        
                       SENATE LOCAL GOVERNMENT COMMITTEE
                        Senator Patricia Wiggins, Chair


          BILL NO:  SB 279                     HEARING:  4/15/09
          AUTHOR:  Hancock                     FISCAL:  No
          VERSION:  4/13/09                    CONSULTANT:   
          Weinberger

           MELLO-ROOS ACT FOR RENEWABLE ENERGY AND ENERGY EFFICIENCY
          
                           Background and Existing Law  

          The Mello-Roos Community Facilities Act allows counties,  
          cities, special districts, and school districts to levy  
          special taxes (parcel taxes) to finance a wide variety of  
          public works, including parks, recreation centers, schools,  
          libraries, child care facilities, and utility  
          infrastructure.  A Mello-Roos Community Facilities District  
          (CFD) issues bonds against these special taxes to finance  
          the public works projects.  Like all special taxes,  
          Mello-Roos Act special taxes require 2/3-voter approval.   
          If there are fewer than 12 registered voters, the affected  
          landowners vote.  

          In addition to financing public or governmental capital  
          facilities, Mello-Roos Act special taxes can fund a limited  
          list of public services: police services, fire protection,  
          recreation programs, library services, museum operations,  
          park maintenance, flood protection, hazardous waste  
          cleanup, street and road maintenance, lighting of parks,  
          parkways, streets, roads, and open space, plowing and  
          removal of snow, and graffiti management and removal.

          The Mello-Roos Act is an important feature of the local  
          fiscal landscape, providing local officials with a key tool  
          for accumulating the public capital needed to pay for the  
          public works projects that make new residential development  
          possible.  Since 1985, CFDs have issued over $18 billion in  
          long-term bonds, mostly for capital improvements.  Without  
          access to Mello-Roos bond funding, many builders would have  
          to pay higher development impact fees and raise housing  
          prices.

          Local officials want to be able to use Mello-Roos taxes to  
          help finance renewable energy and energy efficiency  
          improvements on private property.  To simplify the process  
          by which property owners can voluntarily use Mello-Roos  




           
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          financing, local officials want to be able to create CFDs  
          that initially contain no parcels of land, but consist only  
          of territory from which parcels may subsequently be annexed  
          to the CFD with the unanimous approval of parcel owners.


                                   Proposed Law  

          I.   Facilities  .  In addition to financing public works such  
          as park, school, and library facilities, CFDs can pay for  
          the following improvements on privately owned buildings or  
          real property:
                 Work deemed necessary to bring buildings or real  
               property into compliance with seismic safety standards  
               and regulations.
                 The repair and abatement of damage to buildings  
               caused by soil deterioration.
                 The removal or remediation of any hazardous  
               substance on real or other tangible property.

          Senate Bill 279 adds the acquisition, installation, and  
          improvement of energy efficiency and renewable energy  
          improvements to the types of facilities that a CFD may  
          finance, or refinance, regardless of whether the buildings  
          or property are privately or publicly owned.  SB 279  
          requires that energy efficiency and renewable energy  
          improvements financed by a CFD must be affixed to or on  
          real property.

          SB 279 permits energy efficiency and renewable energy  
          improvements financed by a district to be installed on a  
          privately owned building and on privately owned real  
          property only with the prior written consent of the owner  
          or owners of the building or real property.

          CFDs can use tax revenues to make lease or debt-service  
          payments on any lease, lease-purchase contract, or  
          certificate of participation used to finance authorized  
          district facilities.  SB 279 authorizes the use of tax  
          revenues to make lease or debt-service payments on any  
          lease, lease-purchase contract, or certificate of  
          participation used to finance "facilities authorized to be  
          financed by the district."

          SB 279 declares that any improvement on private property  





           
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          authorized to be financed by a CFD constitutes a "public  
          facility" for purposes of the Mello-Roos Act, and a "public  
          improvement" for purposes of specified statutes, whether  
          the improvement is owned by a private entity, if the  
          legislative body has determined that the improvement  
          provides a public benefit, or the improvement is owned by a  
          public agency.


          II.   CFD formation and annexation  .  To initiate the  
          formation of a CFD, a local agency's legislative body must  
          adopt a resolution of intention to establish the district,  
          which must:
                 Describe the district's boundaries.
                 Describe the facilities and services proposed to be  
               financed.
                 State that a special tax, secured by a lien against  
               real property, will be annually levied.
                 Specify, in detail, the rate, method of  
               apportionment, and manner of collection of the special  
               tax.
                 Fix a time and place for a public hearing.
          After holding the hearing and considering protests, if the  
          legislative body determines to establish the CFD, it must  
          adopt a resolution of formation containing all of the  
          information provided in the resolution of intention and, if  
          a special tax is to be levied, some additional information  
          about the tax levy.

          Senate Bill 279 authorizes an alternate procedure for  
          forming a CFD that initially consists solely of territory  
          proposed for annexation to the CFD in the future, with the  
          condition that a parcel or parcels within that territory  
          may be annexed to the CFD and subjected to the special tax  
          only with the unanimous approval of the parcel owner or  
          owners at the time of annexation.

          Under this alternate CFD formation procedure, the  
          resolution of intention or the resolution of formation need  
          not specify the rate or rates of special tax, provided that  
          the rate of special tax applicable to a parcel or parcels  
          will be specified in the unanimous approval provided by  
          parcel owners when they annex to the CFD.

          A majority protest to a proposed CFD halts formation  





           
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          proceedings for one year from the date of the protest  
          decision.  A majority protest occurs if 50% or more of the  
          registered voters, or six registered voters, whichever is  
          more, residing within the territory proposed to be included  
          in the district, or if the owners of one-half or more of  
          the area of the land in the territory proposed to be  
          included in the district and not exempt from the special  
          tax, file written protests against the establishment of the  
          district.  SB 279 provides that this definition of majority  
          protest does not apply to the alternative CFD formation  
          process.  Instead, under this alternative CFD formation  
          process, a majority protest occurs if 50% or more of the  
          registered voters, or six registered voters, whichever is  
          more, residing within the territory proposed to be annexed  
          to the CFD in the future, or the owners of one-half or more  
          of the area of the land proposed to be annexed in the  
          future and not exempt from the special tax, file written  
          protests against the establishment of the district.

          After the adoption of the resolution of formation, voters  
          must approve the special tax levy, authorize indebtedness,  
          and establish the CFD's appropriations limit.  Under the  
          alternate procedure established by SB 279, the  
          appropriations limit for the CFD, the applicable rate of  
          the special tax and the method of apportionment and manner  
          of collection of that tax, and the authorization to incur  
          bonded indebtedness must be specified and be approved by  
          the unanimous approval of the owner or owners of each  
          parcel or parcels at the time that the parcel or parcels  
          annex the CFD.  The bill states that no additional hearings  
          or procedures are required, and the unanimous approval  
          shall be deemed to constitute a unanimous vote in favor of  
          the appropriations limit for the CFD, the authorization to  
          levy the special tax on the parcel or parcels, and the  
          authorization to incur bonded indebtedness.

          SB 279 prohibits a local legislative body from recording a  
          notice of tax lien against any parcel or parcels within a  
          CFD formed using the alternative process until the parcel  
          owner or owners have given unanimous approval of the parcel  
          or parcels' annexation to the CFD, at which time the  
          special tax lien shall be recorded.

          SB 279 states that, for CFDs created to finance energy  
          efficiency and renewable energy improvements, the refusal  





           
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          of a person to undertake acts, including:
                 the formation of, or annexation to, a community  
               facilities district,
                 voting to levy a special tax, or,
                 authorizing another to vote to levy a special tax.
          shall not be a factor when considering the approval of  
          specified legislative or adjudicative acts, or both.


          III.   Special taxes  .  A resolution of intention to form a  
          CFD must specify the rate, method of apportionment, and  
          manner of collection of the special tax that is to be  
          levied in sufficient detail to allow each landowner or  
          resident within the proposed district to estimate the  
          maximum amount that he or she will have to pay.  After a  
          CFD has been created and authorized to levy special taxes,  
          the legislative body may approve an ordinance to levy the  
          special taxes at the rate, and in the manner, described in  
          the resolution of intention.

          Under the alternative CFD formation process authorized by  
          Senate Bill 279, a legislative body adopts an ordinance  
          providing for the levy of the special taxes on parcels that  
          will annex to the CFD at the rate or rates to be approved  
          unanimously by the parcel owner or owners.  The ordinance  
          providing for the levy of special taxes must also provide  
          for the apportionment and collection of special taxes in  
          the manner specified in the resolution of formation.  SB  
          279 specifies that no further ordinance shall be required  
          even though no parcels may have annexed to the CFD.

          A lawsuit to test the validity of a CFD's special taxes  
          must be filed within 30 days after voters approve the  
          special tax.  SB 279 requires a validation lawsuit  
          regarding the special taxes levied against a parcel by a  
          CFD formed under the alternative process to be filed within  
          15 days after the notice of special tax lien is recorded  
          against the parcel.  SB 279 also authorizes the local  
          agency to file a validation lawsuit to determine the  
          validity of any CFD special taxes created through the  
          alternative CFD formation process.


          IV.   Bonds  .  For a CFD to issue bonds, the local  
          legislative body must adopt a resolution proposing to incur  





           
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          bonded indebtedness, hold a hearing on the proposed debt  
          authorization, and submit the proposition to voters.  A 2/3  
          vote is required to approve the issuance of bonds by a CFD.  
           

          Under the alternative CFD formation process authorized by  
          Senate Bill 279, the parcel owners approve the proposition  
          to authorize bonded indebtedness when their parcels annex  
          to the CFD.  SB 279 provides that no additional hearings or  
          procedures are needed, and unanimous approval constitutes a  
          unanimous vote in favor of the proposition to authorize  
          bonded indebtedness. 

          A lawsuit to test the validity of a CFD's bonds must be  
          filed within 30 days after voters approve the bonds.  SB  
          279 requires that a validation lawsuit over bonds issued by  
          a CFD formed under the alternative process must be filed  
          within 30 days after the effective date of the local  
          legislative body's resolution to approve bonded  
          indebtedness.  SB 279 also authorizes the local agency to  
          file a lawsuit to determine the validity of any CFD bonds.


                                     Comments  

          1.   Local assistance for energy improvements  .  In response  
          to rising energy costs and concerns about climate change,  
          local governments want to promote energy efficiency and  
          renewable energy generation.  The initial installation  
          costs can deter property owners from installing solar  
          panels, or making energy efficiency improvements.  Using  
          Mello-Roos taxes, counties and cities can help to finance  
          these investments at low interest rates.  Property owners  
          who voluntarily agree to pay Mello-Ross special taxes to  
          finance energy improvements will realize immediate savings  
          on their utility bills while paying off their costs over  
          time on their property tax bills.  By lowering energy  
          costs, reducing energy demand, and expanding generation  
          from renewable energy sources, the voluntary Mello-Roos  
          taxes authorized by SB 279 will benefit residents  
          throughout California.

          2.   It's not your business  .  Local governments should not  
          be in the business of providing public financing for the  
          purchase of solar panels or efficient heating or air  





           
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          conditioning systems that are to be installed on private  
          property.  If private property owners want to finance the  
          large up-front costs of energy projects, they ought to rely  
          on private sector lenders, just as they would finance other  
          types of property improvements.  Providing tax-exempt  
          financing, backed by a priority government lien, to pay for  
          energy projects that primarily benefit private citizens and  
          businesses, is inconsistent with the fundamental purpose of  
          issuing government debt.

          3.   Related bill  .  SB 279 is similar to AB 811 (Levine,  
          2008), which let local governments use contractual benefit  
          assessments to provide public financing for the  
          installation of renewable energy and energy efficiency  
          improvements on private property.  Last year's Levine bill  
          relied on special assessments; this year's Hancock bill  
          uses special taxes.  The Senate Local Government Committee  
          passed AB 811 on a 4-1 vote.  After the Legislature passed  
          the bill, Governor Schwarzenegger signed AB 811 into law.

          4.   Try again  .  SB 279 replicates AB 1709 (Hancock, 2008),  
          which the Senate Local Government Committee passed  
          unanimously.  Governor Schwarzenegger vetoed the bill,  
          citing his concerns about the use of Mello-Roos taxes to  
          finance energy efficiency improvements.

          5.   Technical amendments  .  Committee staff and the author  
          have identified the following four technical and clarifying  
          amendments to improve the language of the bill:
                 On page 6, line 13, after "affixed" insert ", as  
               specified in Section 660 of the Civil Code,"
                 On page 6, line 20, strike out "or"
                 On page 9, line 40, strike out "13A and 13C." and  
               insert "XIIIA and XIIIC."
                 On page 10, line 19, strike out "chapter." and  
               insert "chapter and authorized pursuant to the  
               procedures set forth in this section."

                         Support and Opposition  (4/9/09)

           Support  :  Cities of Berkeley, Davis, Morgan Hill, Saratoga,  
          and Solana Beach, Association of Bay Area Governments,  
          American Federation of State, County, and Municipal  
          Employees, Akeena Solar, Ecology Action, and Sungevity.






           
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           Opposition  :  Unknown.