BILL NUMBER:  SB 956
  VETOED	DATE: 09/29/2012




To the Members of the California State Senate:

I am returning Senate Bill 956 without my signature.

This bill requires, among other things, that "buy-here-pay-here"
dealers be regulated by the Department of Corporations under the
California Finance Lender's Law.

I am not yet convinced the evidence merits the regulatory oversight
of this bill.  I signed two "buy-here-pay-here" consumer protection
bills this session.  If consumers need added protection once those
bills are implemented, my administration will work with the
Legislature to find appropriate, measured solutions.

Sincerely,



Edmund G. Brown Jr.