BILL NUMBER: SB 133 VETOED DATE: 09/29/2014 To the Members of the California State Senate: I am returning Senate Bill 133 without my signature. This bill would reform the laws governing use of housing funds by entities statutorily required to set aside tax increment funds to increase, preserve and improve low and moderate income housing. Undoubtedly, ensuring low and moderate income housing funds are expended to provide housing is important, but the simple fact is that the bill's requirements are no longer applicable in the wake of the dissolution of redevelopment agencies. The reforms in this bill can and should be discussed during the development of new economic development programs. Signing this bill would not have the desired outcome sought by the author and sponsors. Sincerely, Edmund G. Brown Jr.