gov.ca.gov • September 26, 2011
AB 750 was vetoed today by Gov. Brown. Brown does not want a Blue Ribbon Commission – he wants the Assembly and Senate Banking and Finance Committees to study the formation of a state-owned bank on their own. The veto letter says that the matter is “within the jurisdiction and competence of the Assembly and Senate Banking Committees, and we should use our existing resources.”
Governor Brown’s letter is here.
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