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53
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1982
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HOUSE OF DELEGATES
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Affirmative: 1 Negative: 124
(See Roll Call No. 2108)
The Speaker announced the veto was sustained.
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MESSAGE FROM THE CHIEF EXECUTIVE
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 1218.
This bill imposes State and local transfer and
recordation taxes upon written instruments conveying title
of real estate owned by a corporation or partnership to
other than the original shareholders or partners upon the
liquidation, dissolution or termination of the entity.
Senate Bill 725, which was passed by the General
Assembly and signed by me on June 1, 1982, accomplishes the
same purpose. Therefore, it is not necessary for me to sign
House Bill 1218.
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Sincerely,
Harry Hughes
Governor
Read and ordered journalized.
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House Bill No. 1218
AN ACT concerning
Taxes - Recording and Transfer - Certain Dissolutions
and Liquidations
FOR the purpose of imposing recordation and transfer taxes
on certain dissolutions and liquidations; and providing
for the determination of "consideration" in certain
transactions.
BY adding to
Article 81 - Revenue and Taxes
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