MARVIN MANDEL, Governor                              3061

In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed Senate Bill
189.

This bill establishes certain procedures relating to
the sale of wrecked motor vehicles as salvage. The bill
requires that when, an insurance company settles on a
"total loss" car and sells it as salvage, it must, within
20 days, surrender the title and the vehicle
identification number plate to the Motor Vehicle
Administration. The Administration in return would issue
a salvage certificate. If the vehicle is demolished, the
holder of the certificate may surrender it for the State
bounty. If the vehicle is restored, the vehicle must be
inspected and the secret serial number checked, after
which the Motor Vehicle Administration would issue a new
title.

The bill was introduced for the laudable purpose of
facilitating the identification of stolen vehicles. I
have been advised by persons in the automobile salvage
business, as well as by representatives of insurance
companies, however, that the bill, as drafted, would
create unnecessary hardships and expense in the
disposition of wrecked automobiles.

The objections raised at a public hearing which I
conducted on this bill on May 29, 1974, convinced me that
the bill as drafted should not be signed but that
legislation in the area is desirable. I have therefor
decided to veto the bill but to refer it to the
Legislative Council with the hope that the Council will
be able to draft a bill accomplishing the purpose of
Senate Bill 188 without raising the problems engendered
by it.

Sincerely,

/s/ Marvin Mandel

Governor

Senate Bill No. 194 — Financial Disclosure of Real Estate
AN ACT concerning

Financial Disclosure

FOR the purpose of including [[deeds]] real estate

acquired by deed within the definition of interest

for the purpose of financial disclosure.