pal legislative committee request form · march 17, 201l) potential impacts to alameda county: more...

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PAL LEGISLATIVE COMMITTEE REQUEST FORM » Complete this form in order to propose a legislative advocacy position before the PAL Committee. » Instructions for completing this form, including due dates, are shown on the back. Work tllr ugh your CAO untv's State and/or federal legislati c advocate! » Please be clear and brief as you complete this form. If you have questions, 'contact vOllr department's CAD Analyst and/or the County's State and/or fedemllcgi. JatiYe advocate. REQUESTER I FORMATION: Name: Keith Carson Position: Supervisor Agency/Department: Board of Supervisors CAO Analyst: County Legislative Advocate: Federal REQUESTER'S RECOMMENDATION: Recommendation: Support BILL LNFORMATION: Bill Number: HR 3125 Bill Title: Earthquake Insurance Affordability Act Legislative Author: Congressman John Campbell and co-authored by 27 House Members including Congresswoman Lee Current Bill Status: 10/21/2011 Referred to House subcommittee. Status: Referred to the Subcommittee on Insurance, Housing and Community Opportunity. Current Law/Context: After major natural disasters, there's pressure on the federal government to bailout families, communities, and states. Eighty percent ofCalifomians live on or near a fault. Yet they're not ready for an earthquake-fewer than 10 percent of California households are covered by earthquake insurance. Across the nation more than 75 million people live in earthquake-vulnerable regions, but earthquake insurance for those homes is less available and more expensive every day. Most consumers believe earthquake insurance is simply too expensive. But earthquakes are expensive, too: o Federal taxpayers were on the hook for more than $9 billion after the 1994 N011hridge quake, while California's taxpayers chipped in more than half a billion dollars more. o It would have been much more expensive for taxpayers had not so many households in 1994 had earthquake insurance for their homes. It was over 25% then-now it's 10%. Description of Bill: To establish a program to provide guarantees for debt issued by or on behalf of State catastrophe insurance programs to assist in the financial recovery from eal1hquakes, earthquake-induced landslides, volcanic eruptions, and tsunamis. The EIAA will cost taxpayers zero: All fees and costs-without exception-are borne by the qualified state program. "The Congressional Budget Office has estimated that [EIAA] comes at no cost to the taxpayer. " (Senator Dianne Feinstein, Congressional Record- March 17, 201l) Potential Impacts to Alameda County: More homeowners will be able to afford earthquake insurance and more communities will recover more quickly-and with less federal assistance. Anticipated Opposition: Insurance companies Proposed Amendments: N/A PAL / BO MEETING DATE REQUESTS: PAL Date Requested: 12/3/12 BaS Date Requested: 12/18/12

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Page 1: PAL LEGISLATIVE COMMITTEE REQUEST FORM · March 17, 201l) Potential Impacts to Alameda County: More homeowners will be able to afford earthquake insurance and more communities will

PAL LEGISLATIVE COMMITTEE REQUEST FORM » Complete this form in order to propose a legislative advocacy position before the PAL Committee. » Instructions for completing this form, including due dates, are shown on the back. Work tllr ugh your CAO untv's

State and/or federal legislati c advocate! » Please be clear and brief as you complete this form. If you have questions, 'contact vOllr department's CAD Analyst and/or the County's State

and/or fedemllcgi. JatiYe advocate.

REQUESTER I FORMATION:

Name: Keith Carson

Position: Supervisor

Agency/Department: Board of Supervisors

CAO Analyst:

County Legislative Advocate: Federal

REQUESTER'S RECOMMENDATION:

Recommendation: Support

BILL LNFORMATION:

Bill Number: HR 3125 Bill Title: Earthquake Insurance Affordability Act Legislative Author: Congressman John Campbell and co-authored by 27 House Members including Congresswoman Lee

Current Bill Status: 10/21/2011 Referred to House subcommittee. Status: Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Current Law/Context: After major natural disasters, there's pressure on the federal government to bailout families, communities, and states.

• Eighty percent ofCalifomians live on or near a fault. Yet they're not ready for an earthquake-fewer than 10 percent of California households are covered by earthquake insurance.

• Across the nation more than 75 million people live in earthquake-vulnerable regions, but earthquake insurance for those homes is less available and more expensive every day.

• Most consumers believe earthquake insurance is simply too expensive. But earthquakes are expensive, too: o Federal taxpayers were on the hook for more than $9 billion after the 1994 N011hridge quake, while California's

taxpayers chipped in more than half a billion dollars more. o It would have been much more expensive for taxpayers had not so many households in 1994 had earthquake

insurance for their homes. It was over 25% then-now it's 10%.

Description of Bill: To establish a program to provide guarantees for debt issued by or on behalf of State catastrophe insurance programs to assist in the financial recovery from eal1hquakes, earthquake-induced landslides, volcanic eruptions, and tsunamis. The EIAA will cost taxpayers zero: All fees and costs-without exception-are borne by the qualified state program. "The Congressional Budget Office has estimated that [EIAA] comes at no cost to the taxpayer. " (Senator Dianne Feinstein, Congressional Record­March 17, 201l)

Potential Impacts to Alameda County: More homeowners will be able to afford earthquake insurance and more communities will recover more quickly-and with less federal assistance.

Anticipated Opposition: Insurance companies

Proposed Amendments: N/A

PAL / BO MEETING DATE REQUESTS:

PAL Date Requested: 12/3/12 BaS Date Requested: 12/18/12

Page 2: PAL LEGISLATIVE COMMITTEE REQUEST FORM · March 17, 201l) Potential Impacts to Alameda County: More homeowners will be able to afford earthquake insurance and more communities will

EXP ANAno OF ACRONYM :

PAL..Personnel, Administration, and Legislation Committee BOS Board of Supervisors CAO..County Administrator's Office QIC County Quick Code System

SUBMIT COMPLETED FORM TO THE BOARD COMMITTEE CLERK (QIC: 20101) SEND COPIES TO: (J) CAO Legislative Analyst; and (2) Your Department's CAO Budget Analyst (both at QIC 20102)

For undated PAL meeting information. contact the Board Committee Clerk (x-23916J

v:/leg/palrequestforrn,doc) - Revised 9/27/99

Page 3: PAL LEGISLATIVE COMMITTEE REQUEST FORM · March 17, 201l) Potential Impacts to Alameda County: More homeowners will be able to afford earthquake insurance and more communities will

CA1'FORN'A

C~ EARTHQUAKE AUTHOR'TyTM

THE STRENGTH TO REBUILD®

Earthquake Insurance Affordability Act Coalition List

LEGISLATIVE SPONSORS & CO-SPONSORS

Senator Dianne Feinstein Senator Barbara Boxer

Congressman John Campbell Congresswoman Karen Bass

Congressman Howard Berman Congressman Brian Bilbray

Congresswoman Mary Bono Mack Congressman Ken Calvert

Congresswoman Lois Capps Congressman Dennis Cardoza

Congresswoman Judy Chu Congressman Jim Costa

Congresswoman Anna Eshoo Congressman Sam Farr

Congressman Bob Filner Congressman Elton Gallegly

Congressman John Garamendi

Congresswoman Janice Hahn Congressman Mike Honda

Congresswoman Barbara Lee Congressman Jerry Lewis

Congresswoman Zoe Lofgren Congressman Dan Lungren

Congresswoman Doris Matsui Congressman Howard "Buck" McKeon

Congressman Jerry McNerney Congresswoman Loretta Sanchez

Congressman Adam B. Schiff Congresswoman Jackie Speier Congressman Mike Thompson Congresswoman Lynn Woolsey

BUSINESS GROUPS

Anaheim Chamber of Commerce Antelope Valley Chambers of Commerce

Baldy View Chapter, BUilding Industry Association of Southern California

Bay Area Council

Building Industry Association of Orange County Building Industry Association of Southern

California California Asian Chamber of Commerce

California Association of REALTORS ®

California Building Industry Association (CBIA) California Business Roundtable

California Chamber of Commerce California Mortgage Bankers Association

Calexico Chamber of Commerce Cathedral City Chamber of Commerce

Corona Del Mar Chamber of Commerce Desert Valleys Builders Association

Greater Riverside Chambers of Commerce Hispanic 100

Irvine Chamber of Commerce

Korean American Chamber of Commerce Long Beach Area Chamber of Commerce

Los Angeles Area Chamber of Commerce Los Angeles/Ventura Chapter, Building Industry

Association of Southern California North State Building Industry Association

Orange Chamber of Commerce Orange County Association of REALTORS ®

Orange County Business Council Orange County Taxpayers Association Palm Desert Chamber of Commerce

Rancho Mirage Chamber of Commerce Redondo Beach Chamber of Commerce

Riverside County Building Industry Association Sacramento Metro Chamber

San Diego Association of REALTORS ®

San Francisco Chamber of Commerce Santa Ana Chamber of Commerce

Santa Clarita Valley Chamber of Commerce Santa Cruz Chamber of Commerce

Santa Monica Chamber of Commerce South Bay Association of Chambers of

Commerce South Bay Association of REALTORS ®

www.EarthquakeRecovery.com Updated November 26, 2012

Page 4: PAL LEGISLATIVE COMMITTEE REQUEST FORM · March 17, 201l) Potential Impacts to Alameda County: More homeowners will be able to afford earthquake insurance and more communities will

CAUFORNIA

C~ EARTHQUAKE AUTHORITYTM

THE STRENGTH TO REBUILD®

Earthquake Insurance Affordability Act Coalition List

South Orange County Regional Chamber of Commerce

Southland Regional Association of REALTORS @

Southwest California Legislative Council Temecula Valley Chamber of Commerce Torrance Area Chamber of Commerce

Valley Industry and Commerce Association (VICA)

Vietnamese American Chamber of Commerce Vista Chamber of Commerce

Wilmington Area Chamber of Commerce

STAKEHOLDERS

Automobile Club of Southern California Blue Cod Technologies

Mercury Insurance

LOCAL GOVERNMENT

Mayor Antonio R. Villaraigosa, City of Los Angeles

Mayor Edwin M. Lee, City of San Francisco Mayor Chuck Reed, City of San Jose

Mayor Jerry Sanders, City of San Diego Mayor Tom Tait, City of Anaheim Mayor Jean Quan, City of Oakland

Mayor Michael F. Kotowski, City of Campbell Mayor Eduardo Garcia, City of Coachella

Mayor Frank Scotto, City of Torrance Mayor Robert A. Spiegel, City of Palm Desert Mayor Stanley P. Thurston, City of Merced Supervisor John J. Benoit, Riverside County

Supervisor Anthony Botelho, San Benito County Supervisor Bob Buster, Riverside County Supervisor Greg Cox, San Diego County

Supervisor Sean R. Elsbernd, City and County of San Fra ncisco

Supervisor Bruce Gibson, San Luis Obispo County

Supervisor Adam Hill, San Luis Obispo County

Supervisor Frank R. Mecham, San Luis Obispo County

Supervisor Mike McGowan, Yolo County Supervisor Dave Potter, Monterey County

Supervisor Linda Seifert, Solano County Supervisor Jeff Stone, Riverside County

Supervisor John Tavaglione, Riverside County Supervisor Shirlee Zane, Sonoma County

Supervisor Scott Wiener, City and County of San Francisco City of Benicia City of Ceres

City of Corona City of Costa Mesa

City of Desert Hot Springs City of Gilroy

City of Laguna Woods City of Martinez

City of Rancho Mirage City of San Clemente

County of Contra Costa County of Del Norte

County of Los Angeles County of Marin

County of San Bernardino City and County of San Francisco

County of San Mateo County of Santa Barbara

County of Santa Cruz California State Association of Counties (CSAC)

League of California Cities Coachella Valley Association of Governments,

Public Safety Committee

NON-PROFIT ORGANIZATIONS

American Red Cross Earthquake Engineering Research Institute

National Hazard Mitigation Association

www.EarthquakeRecovery.com Updated November 26, 2012

Page 5: PAL LEGISLATIVE COMMITTEE REQUEST FORM · March 17, 201l) Potential Impacts to Alameda County: More homeowners will be able to afford earthquake insurance and more communities will

CALIFORNIA

C~ EARTHQUAKE AUTHORITY'"

THE STRENGTH TO REBUILD®

Earthquake Insurance Affordability Act Coalition List

CONSUMER GROUPS

Consumer Watchdog United Policyholders

OTHER

Alfred E. Alquist Seismic Safety Commission Governing Board, California Earthquake

Authority

www.EarthquakeRecovery.com Updated November 26, 2012