3480

VETOES

This bill eliminates the State's franchise tax on
financial institutions operating in areas surrounding
approved "foreign trade zones" located in Maryland.

House Bill 1160, which was enacted by the General
Assembly and signed by me on May 19, 1981, accomplishes the
same purpose.

Therefore it is unnecessary for me to sign Senate Bill
914.

Sincerely,
Harry Hughes
Governor

Senate Bill No. 953

AN ACT concerning

Board of Public Works - AELR Committee
Review of Regulations

FOR the purpose of reenacting and reaffirming certain
provisions of Chapter 1 of the Acts of 1980 (SB 1036 of
1979) whereby the Board of Public Works was permitted
to adopt regulations, subject to the approval of the
AELR Committee of the General Assembly, by which State
departments, boards, commissions, or other agencies may
enter into capital project related contracts and change
orders prior to or without Board of Public Works
approval under certain conditions specified in the Act;
and of reaffirming the provisions of Chapter 2 of the
Acts of 1980 (SB 1037 of 1979) regarding approval of
leases, designation of location of agency, maximum rent
to be paid, application to certain leases, regulations
authorizing leases without approval, and State leasing
of office and building space.

BY repealing and reenacting, with amendments,

Article 78A - Public Works

Section 7(a)

Annotated Code of Maryland

(1980 Replacement Volume)

(As enacted by Chapter 775 of the Acts of the

General Assembly of 1980)

BY repealing and reenacting, without amendments,