HARRY HUGHES, Governor

3883

May 27, 1986
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 16.

This bill provides a subtraction modification for individual
and corporate income tax purposes for expenses incurred for the
purchase and installation of conservation tillage equipment.

Senate Bill 40, which was passed by the General Assembly and
signed by me on May 13, 1986, accomplishes the same purpose.
Therefore, it is not necessary for me to sign House Bill 16.

Sincerely,
Harry Hughes
Governor

House Bill No. 16

AN ACT concerning

Income Tax - Credit Deduction - Conservation Tillage Equipment

FOR the purpose of providing for a credit against the State
income tax on individuals for certain expenses incurred for

purchasing and installing certain conservation tillage

equipment; limiting the maximum credit allowed; defining a
certain term; and providing for the application of this Act.

BY adding to

Article 81 - Revenue and Taxes

Section 291B

Annotated Code of Maryland

(1980 Replacement Volume and 1985 Supplement)

FOR the purpose of providing, for State individual and
corporation income tax purposes, a subtraction from federal
adjusted gross income or federal taxable income for certain
expenses incurred in purchasing and installing certain
conservation tillage equipment under certain circumstances;
specifying certain qualification requirements; requiring the
Department of Agriculture to provide certain certification
and statements for certain purposes; providing for the
carryover of certain excess amounts of the subtraction
modification for a certain period of time; defining a
certain term; providing for the application of this Act; and