3044

VETOES

President of the Senate

State House

Annapolis, Maryland 21404

Dear Mr. President:

In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed Senate Bill 360.

This till amends certain provisions that relate to
service retirement benefits under the Employees' Retirement
System.

House Bill 591, which was enacted by the General
Assembly and signed by me on May 16, 1978, accomplishes the
same purpose.

Therefore it is unnecessary for me to sign Senate Bill
360.

Sincerely,
Blair Lee III
Acting Governor

Senate Bill No. 435 — Real Property — Assessments

AN ACT concerning

Real Property — Assessments

FOR the purpose of separately subclassifying real property
for assessment purposes; defining homestead property;
providing for an additional, special allowance of 5
percent of current value to be used in calculating the
full cash value of homestead property for purposes of
assessment; providing that certain taxpayers may file a

late claim for certain excess taxes paid; specifying

the inflation allowance for all real property;
authorizing the State Department of Assessments and
Taxation to amend the constant yield tax rate, on or
before a certain date, for the taxable year beginning
July 1, 1978; exempting the taxing authority from
certain procedural requirements to be followed for the
taxable year beginning July 1, 1978 in order to
increase the local tax rate; providing certain
exceptions; providing for the administration of this
Act; repealing obsolete language; and providing that
this Act is an emergency measure.