BILL NUMBER: AB 1521 VETOED DATE: 09/28/2014 To the Members of the California State Assembly: I am returning Assembly Bill 1521 without my signature. This bill changes the formula for calculating annual vehicle license fee adjustment amounts for territories annexed after 2004. While it is true that the state's economy has improved markedly, and significant progress has been made in aligning revenues and expenditures, I do not believe that it would be prudent to authorize legislation that would result in long term costs to the general fund that this bill would occasion. Sincerely, Edmund G. Brown Jr.