VETOES

(d) Upon approval of application for the certificate of
authority, the Commissioner shall issue the certificate
authorizing the Society or its subsidiaries to issue policies of
property and casualty insurance that are related to the
provision of health care or to health care facilities used by
physicians or other health care providers where health care is
practiced on a regular basis.

552.

(a)  Prior to the expiration of 15 days from June 1, 1975,
the State Board of Medical Examiners shall certify to the State
Treasurer a list of all licensed physicians as shown in the
records of the State Board of Medical Examiners as of June 1,
1975.

(b)  A special one-time tax for the privilege of practicing
medicine in Maryland is levied oh licensed physicians listed by
the State Treasurer in accordance with subsection (a) in the
amount of $300 per licensed physician, to be levied, assessed,
and collected by the State Treasurer. The tax does not apply to
any licensed physician who submits a statement, sworn to under
penalties of perjury, stating that he has permanently terminated
the active practice of medicine in the State of Maryland or that
he is a physician serving in the employment of the federal
government or any agency thereof and does not otherwise practice
medicine in the State of Maryland or to any licensed physician
who submits a statement, sworn to under penalties of perjury,
stating that he is practicing medicine as a volunteer for no
remuneration at a clinic not operated for profit and stating that
he is not otherwise engaged in the private practice of medicine
in the State of Maryland or to any resident student physician
whose services are not billed separately. The statement shall be
in form established by the State Treasurer.

(c)  The legislature appropriates and dedicates the proceeds
of the tax provided by this subtitle as the initial
policyholders' surplus of the Society. After retaining an amount
to pay the cost of collection the Treasurer and Comptroller shall
promptly pay over the proceeds of the tax to the Society.

(d)  The board of directors of the Society or its
subsidiaries may establish membership fees in amounts as they
deem reasonable to be paid by members of the Society or its
subsidiaries. Any physician who has paid the tax specified in
subsection (b) shall be credited the amount of the tax paid
against his liability for any membership fee.

(e)  Upon payment of the specified membership fee a
physician or other health care provider may be insured by the
Society or its subsidiaries for any and all hazards customarily
insured by the Society or its subsidiaries, subject to any
coverage limitations specified by the Society or its subsidiaries

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