BILL NUMBER: SB 1437 VETOED DATE: 09/29/2010 To the Members of the California State Senate: I am returning Senate Bill 1437 without my signature. This bill requires a representative from the California Independent System Operator (ISO) to appear before the appropriate policy committee of the Senate and Assembly to report on the previous year's ISO activities. Similar to SB 1467 (Padilla), this bill is unnecessary. Having dealt with the ISO throughout the duration of my Administration, I have always found them to be accessible and accommodating. Whenever I have called and asked to meet, they have responded quickly. I am certain they would do the same for the Legislature. Additionally, as an independent not-for-profit entity established under the rules of the Federal Energy Regulatory Commission, it is questionable whether state law can compel them to appear before the Legislature anyway. For these reasons, I am unable to sign this bill. Sincerely, Arnold Schwarzenegger