4040

VETOES

Article - Education

5-202.

(c) [Through fiscal year 1985 only, an amount equivalent to
$100 per student enrolled on September 30 of the school year for
which the calculation is made shall be added to the State share
of basic current expenses for] FOR FISCAL YEAR 1986 THROUGH
FISCAL YEAR 1988 ONLY, THE STATE SHALL PAY TO a county that has a
population density of over 8,000 per square mile as determined by
the Department of Health and Mental Hygiene[.] AN ADDITIONAL
AMOUNT EQUAL TO THE PRODUCT OF THE FULL-TIME EQUIVALENT
ENROLLMENT ON SEPTEMBER 30 OF THE SCHOOL YEAR FOR WHICH THE
CALCULATION IS MADE AND THE FOLLOWING AMOUNTS:

(1)  $75 FOR FISCAL YEAR 1986;

(2)  $50 FOR FISCAL YEAR 1987; AND

(3)  $25 FOR FISCAL YEAR 1988.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1985.

May 28, 1985
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 1054.

This bill would remove current investment constraints with
respect to the deferred compensation plan available to eligible
employees.

Senate Bill 812, which was passed by the General Assembly
and signed by me on May 28, 1985, accomplishes the same purpose
while also consolidating administration of the three tax-deferred
supplemental retirement programs under a single governing body.
Therefore, it is not necessary for me to sign House Bill 1054.

Sincerely,