BILL NUMBER: AB 2838 ITEM VETO DATE: 09/30/2002 SEP 30, 2002 To the Members of the California State Assembly: I am signing Assembly Bill 2838, but reducing the appropriation from the Public Utilities Commission Utilities Reimbursement Account from $445,000 to $222,500. This bill requires the Public Utilities Commission (PUC) to act on water utilities' rate applications within specified timelines and allows water utilities to enact interim rates at the rate of inflation when their rate cases are delayed, subject to refunds by the PUC. The bill also requires water utilities to file a rate application with the PUC every three years. Sincerely, GRAY DAVIS