BILL NUMBER:  AB 1960
  VETOED	DATE: 09/29/2004




To the Members of the California State Assembly:

I am returning Assembly Bill 1960 without my signature.

I share the authors concerns with the rising cost of prescription
drugs and generally, her interest in disclosure of information to
consumers.  However, this measure would have the unintended
consequence of increasing drug costs to health plans, the Medi-Cal
Program and other purchasers, without providing any real consumer
benefit.  Studies, including one from the Federal Trade Commission,
have shown that enactment of this legislation will limit competition
and significantly increase the  cost of prescription drugs.

For the reasons stated above I am returning this bill without my
signature.

Sincerely,



Arnold Schwarzenegger