Enacts the Military Base Conversion Bond Act, which allows the issuance of an unspecified amount of general obligation bonds for the purposes of financing a loan program to local base reuse entities.
Requires the State Trade and Commerce Agency, upon application by the Sacramento County Board of Supervisors, to designate an additional 250 acres located on McClellan Air Force Base as part of the existing Northgate Enterprise Zone, with a connecting corridor between the two geographic areas.
Permits public utilities, at their discretion, to offer discounted electric rates to new California business customers located on military bases designated for closure.
Extends, by 12 months, the time local officials have to certify the environmental impact reports for the Alameda Naval Air Station, Hunter's Point Shipyard, and the San Diego Naval Training Center redevelopment plans.
Authorizes the Trade and Commerce Agency to designate three additional Local Agency Military Base Recovery Areas (LAMBRAs) for a total of 8 areas, and makes various substantive changes to LAMBRA tax incentives.
Requires community colleges to create an educational consortium to attract businesses to relocate to close military installations.
Requires the Trade and Commerce Agency, as a pilot project, to designate a portion of McClellan Air Force Base as a military service privatization zone upon satisfactory application by a governing body for a five-year period.
Enacts the Defense Conversion, Reuse and Retention Omnibus Act to assist communities in closure/retention efforts, and also allows redevelopment agencies to pool up to $2 million in Low and Moderate Income Housing Funds to support a new 500 unit subdivision near Travis Air Force Base.
Appropriates $10 million from the General Fund to the Infrastructure and Economic Development Bank for a loan to Sacramento County for life-safety and code compliance projects related to the rehabilitation of McClellan Air Force Base.
Allows the Trade and Commerce Agency to designate new regional technology alliances when the Defense Conversion Council, created under the California Defense Conversion and Military Base Reuse Act, which sunsets on January 1, 1999.
Appropriates $200,000 to the California Trade and Commerce Agency for California base retention, High Desert Military Test Range, Edwards Air Force Base, Plant 42, China Lake Naval Air Warfare Center, and Point Mugu.
Governor item vetoed this out of the bill.
Makes various technical changes to the provisions relating to the Local Area Military Base Recovery Area to clarify existing economic development area hiring credits with respect to seasonal employees.
Requests the Governor to create a Blue Ribbon Committee on Retention of Military Bases.
Establishes the Blue Ribbon Commission on Military Base Retention organized by the Legislative Analyst to coordinate California's military base retention efforts, as specified.
Requests the President and the Congress of the United States to not permit any additional base closures or realignments in California.