Type of Measure |
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Inactive Bill - Vetoed |
Majority Vote Required |
Non-Appropriation |
Fiscal Committee |
Non-State-Mandated Local Program |
Non-Urgency |
Non-Tax levy |
Last 5 History Actions | |
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Date | Action |
01/13/20 | Veto sustained. |
01/13/20 | Stricken from file. |
10/12/19 | In Senate. Consideration of Governor's veto pending. |
10/12/19 | Vetoed by the Governor. |
09/19/19 | Enrolled and presented to the Governor at 3 p.m. |
Governor's Veto Message |
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To the Members of the California State Senate: I am returning Senate Bill 598 without my signature. This bill establishes the Open Financial Statement Commission within the State Treasurer's Office and requires the Commission to report to the Legislature regarding how and whether to transition to state and local agencies' financial reporting to a machine-readable format. Although improving public agencies' financial reporting processes for transparency is vital, this bill imposes additional unbudgeted costs for the state and contains implementation provisions that are problematic. Sincerely, Gavin Newsom |