Corona's Mayor Eugene Montanez visits with Governor Schwarzenegger

Aaron McLear, a spokesman for Schwarzenegger, said the governor is willing to "sit down with the speaker and talk with him about what he has in mind. Obviously, it's something the governor has taken action on and will continue to look at."

Schwarzenegger was in Riverside on Thursday specifically to raise awareness of the devastating impact the mortgage crisis is having in the Inland Empire. Last week, the governor announced an agreement with four major mortgage lenders to forestall interest rate increases on subprime loans. But the mortgage companies have said they are already working with borrowers who have been current on their payments.

A special session would allow the bills - if signed by Schwarzenegger - to take effect immediately. Otherwise, if lawmakers wait until their session resumes in January, a two-thirds vote would be required.