MARVIN MANDEL, Governor                      1745

Whereas, The General Assembly by Joint Resolution requested
the Council for Higher Education to give top priority to expedite
its development of a Master Plan for Higher Education; and

Whereas, The Maryland Council for Higher Education, with the
cooperation of many educators and outstanding citizens of the State,
has developed and presented a Master Plan for Higher Education
in Maryland: Phase I; and

Whereas, The Master Plan is an important contribution to the
future of higher education in the State and will serve as a sound
foundation for further planning and development; now, therefore,
be it

Resolved, That the General Assembly of Maryland hereby ex-
presses its appreciation and commendation to the Maryland Coun-
cil for Higher Education and to the many outstanding educators and
citizens who have assisted it, for the Master Plan for Higher Educa-
tion in Maryland: Phase I; and be it further

Resolved, That the Master Plan be recognized as the basis for
planning and coordination and as the guideline for continued devel-
opment of higher education in the State of Maryland; and be it
further

Resolved, That copies of this Joint Resolution be sent to the
members of the Maryland Council for Higher Education and to its
Director.

Approved May 2, 1969.

No. 16
(Senate Joint Resolution 59)

Senate Joint Resolution urging the Congress of the United States to
amend the federal laws applicable to national banks to make such
banks subject to taxation by the states of the United States.

Whereas, By an 1864 Act of Congress the limits to which states
could tax national banks were fixed. At this time national banks were
authorized to issue currency, stock in national banks was owned by
the United States and representatives of the federal government
sat on boards of directors of national banks. With the creation of
the Federal Reserve Bank system during the 1930's, national banks
are no longer authorized to issue currency and the federal government
no longer participates in the operation of national banks, and

Whereas, Despite these changes in its character, the continued
exemption of national banks from various forms of state taxation
was emphasized by a decision of the U. S. Supreme Court. Holding
that national banks were exempt from state sales and use taxes, the
opinion of the Court stated that if a change in the tax status of
national banks is to be made, the change must be made by Congress ;
and

Whereas, As one of the dissenting justices of the Supreme Court
noted a national bank today is nothing more than a privately owned