5368
VETOES
(II) A FACILITY FINANCED BY REVENUE BONDS
ISSUED UNDER THIS SUBTITLE IS TO BE BUILT ON STATE OWNED
PROPERTY.
(2) A LEASE OR CONTRACT WHICH IS SUBJECT TO THIS
SUBSECTION AND WHICH FORMS ANY PART OF THE SECURITY FOR
REVENUE BONDS ISSUED UNDER THIS SUBTITLE, MAY NOT BE ENTERED
BY THE STATE OR ANY AGENCY OF THE STATE UNLESS:
(I) THE LEGISLATIVE POLICY COMMITTEE OF
THE GENERAL ASSEMBLY HAS AUTHORIZED THE FACILITY AND THE USE
OF REVENUE FINANCING FOR THAT FACILITY AS CONSISTENT WITH
THE CAPITAL BUDGET APPROVED BY THE GENERAL ASSEMBLY; AND
(II) THE BOARD OF PUBLIC WORKS HAS
SPECIFICALLY APPROVED THE BOND ISSUE FOR THAT FACILITY.
SECTION 2. AND BE IT FURTHER ENACTED, That the
provisions of this Act do not apply to any facility to be
constructed under the provisions of a lease approved by the
Board of Public Works prior to January 1, 1982.
SECTION 2 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect July June 1, 1982.
June 1, 1982
The Honorable Benjamin L. Cardin
Speaker of the House of Delegates
State House
Annapolis, Maryland 21404
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed House Bill 1670.
This bill prohibits the State or any agency of the
State from entering certain leases or contracts relating to
facilities financed by certain revenue bonds without the
authorization of the Legislative Policy Committee and the
Board of Public Works.
Senate Bill 215, which was passed by the General
Assembly and signed by me on June 1, 1982 accomplishes the
same purpose as part of a comprehensive revision of the law
authorizing the subdivisions and industrial development
authorities to issue revenue bonds to construct various
buildings and facilities.
For that reason, I have decided to veto House Bill
1670.
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