STATE CAPITOL COMMITTEES PO. BOX 942849 CHAIR: BANKING AND FINANCE SACRAMENTO, CA 94249-0045 INSURANCE (916) 319-2045 (11' Ff . (Jr . PRIVACY AND CONSUMER FAX (916) 319-2145 51 I [1131151 C-IBSIEIHIHYP PROTECTION DISTRICT OFFICE REVENUE AND TAXATION 6150 VAN NUYS BOULEVARD. SUITE 306 WATER PARKS AND VAN NUYS, CA 91401 (818) 904-3840 FAX (818) 902-0764 E-MAIL MATTHEW M. DABABNEH FORTY-FIFTH DISTRICT December 8, 2017 The Honorable Anthony Rendon Speaker. California State Assembly State Capitol, Room 219 Sacramento, CA 95814 Dear Speaker Rendon: I would like to inform you that I plan on stepping down from my Assembly seat and as Chair of the Committee on Banking and Finance effective January 1, 2018. Representing the 45th Assembly District has been one of the greatest honors and privileges of my life. I came to Sacramento to fight for and protect Valley families. I am proud of what we have been able to accomplish, including protecting vulnerable consumers and seniors from fraud, expanding efforts to promote financial literacy, and passing Jordan?s Law, first?in- the?nation legislation to protect against social media?motivated violence. I have also been honored to work with you and my colleagues in the Assembly to protect workers, safeguard our environment, and improve our education system. I know that my friends and neighbors in the Valley are better offnow because we did this hard work together. To be absolutely clear, the allegations made against me are not true. However, due to the current environment, I, unfortunately, no longer believe I can serve my district effectively, as I have done for the last four years. My stepping down at this time does not change my full commitment to cooperating with the Assembly Rules Committee and the law ?rm with which it contracts to complete a full and independent investigation. Beyond the salacious headlines, I am confident that the completed investigation will bring to light and into focus the significant and persuasive evidence of my innocence. I remain inspired by the many brave women across the country who have recently come forward with their stories. Clearly, our culture needs to change; our policies need to change; and, our work on behalfofwomen?s rights must advance. I will continue to support this fight as a private citizen in any way that I can. As we battle for change, we must remember that due process exists for a reason. We should never fight injustice with injustice. Printed on Recycled Paper I want to thank my talented staff who have dedicated their careers to and have worked so hard in ?ghting for the public good. I would like to also thank my constituents in the Valley for including me in your events, sharing your opinions, and, most importantly, trusting me with the responsibility of being your Most of all, I would like to thank my family and the many people who have reached out to offer support. Much remains to be done, and regardless of what the future holds for me, I look forward with hope and determination to working together on the challenges that our community continues to face. Sincer