BILL NUMBER: AB 725
VETOED DATE: 10/12/2009
To the Members of the California State Assembly:
I am returning Assembly Bill 725 without my signature.
While I recognize the need to provide low cost automobile insurance
to low income drivers, the effectiveness of this program is
questionable given the number of policies in effect and low
participation rate amongst the uninsured. Since the law this bill is
looking to extend does not expire until January 1, 2011, I encourage
the author and sponsor to take the next year to examine the results
of the program and determine if any changes are needed to the program
to ensure its success.
For this reason I am unable to sign this bill.
Sincerely,
Arnold Schwarzenegger