BILL NUMBER:  SB 933
  VETOED	DATE: 09/29/2010




To the Members of the California State Senate:

I am returning Senate Bill 933 without my signature.

I am concerned that this bill will shift the burden of paying
interchange fees from the holders of debit cards to all consumers
regardless of payment type.  Instead of charging a customer who
chooses to use a debit card, businesses would be forced to increase
their prices to all customers, regardless of payment type, to cover
the interchange fee.  The burden of paying these surcharges should
fall on those who use debit cards and not on those who choose to pay
with another form of payment.

For this reason I cannot sign this bill.

Sincerely,



Arnold Schwarzenegger