|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ROBERT L. EHRLICH, JR., Governor
|
|
|
|
|
|
H.B. 638
|
|
|
|
|
|
|
|
|
|
|
|
|
(2) Interest shall accrue at 6-month intervals from the day the resident
gives the park owner the security deposit. Interest is not compounded.
(3) Interest shall be payable only on security deposits of $50 or more.
(4) If the park owner, without a reasonable basis, fails to return any part
of the security deposit, plus accrued interest, within 45 days after the termination of
the tenancy, the resident has an action of up to threefold of the withheld amount, plus
reasonable attorney's fees.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall be
construed to apply only prospectively and may not be applied or interpreted to have
any effect on or application to any mobile home park tenancy created or renewed
before the effective date of this Act.
SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2005.
|
|
|
|
|
|
|
|
|
|
May 26, 2005
The Honorable Michael E. Busch
Speaker of the House
State House
Annapolis, MD 21401
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland Constitution, today I have
vetoed House Bill 638 - Income Tax - Corporations - Payments to Related Entities -
Foreign Taxes.
This bill provides that specified taxes imposed by specified foreign nations be taken
into account for purposes of specified exceptions to a requirement that otherwise
deductible interest expenses and intangible expenses paid by a corporation to related
entities be added to the federal taxable income to determine Maryland modified
income under specified circumstances and applies the Act to tax years after 2004.
Senate Bill 341, which was passed by the General Assembly and signed by me,
accomplishes the same purpose. Therefore, it is not necessary for me to sign House
Bill 638.
Very truly yours,
Robert L. Ehrlich, Jr.
Governor
House Bill No. 638
AN ACT concerning
Income Tax - Corporations - Payments to Related Entities - Foreign Taxes
FOR the purpose of altering certain exceptions to a requirement that certain interest
- 4143 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
