BILL NUMBER:  AB 1663
  VETOED	DATE: 10/08/1999




October 8, 1999

To the Members of the Assembly:

I am returning Assembly bill No. 1663 without my signature.

This bill would extend the sunset dates for the State Public Works
Board Energy Efficiency Revenue Bond Program to January 1, 2005.
Additionally, the bill would extend the sunset date for two
California Energy Resources, Conservation and Development Commission
energy efficiency loan programs to January 1, 2011.

Although I am supportive of the Public Works Board Energy Efficiency
Revenue Bond Program and increasing energy efficiency in public
buildings, there does not appear to be a demand for the energy
efficiency loans from the Energy Conservation Assistant Account or
Local Jurisdiction Energy Assistance Account because loans are
available from private-sector lenders at a lower rate of interest.  I
believe resources for these programs could better serve the needs of
Californians for other high priori ty programs.

Sincerely,





GRAY DAVIS