VETOES
SECTION 2. AND BE IT FURTHER ENACTED,,, That if an Act that
repeals Article 81, § 281(a-l) of the Code is enacted during, the
1987 Session of the General Assembly and becomes effective, this
Act shall be null and void without the necessity of further
action by the General Assembly.
SECTION 2 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1987 and shall be applicable to all
taxable years beginning after December 31, 1986.
June 2, 1987
The Honorable R. Clayton Mitchell, Jr.
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 1389.
This bill deals with the determination of tax preference
items under the Maryland individual income tax law. Such tax
preference items are defined by the applicable provisions of the
federal Internal Revenue Code. This bill makes explicit that the
$10,000 exclusion for individual returns and the $20,000
exclusion for joint returns in the federal definition are
applicable in determining any taxpayer's total amount of tax
preference items for purposes of the Maryland individual income;
tax.
These same provisions were included in House Bill 246 which
has already been signed by me. The only substantive difference
between House Bill 1389 and House Bill 246 is that House Bill
1389 also repeals Article 81, Section 280B(d). I have been
advised informally by the Revisor of Statutes in the Department
of Legislative Reference that subsection (d) is now obsolete and
of no effect by reasons of other changes in Article 81, and the
removal of this subsection from Article 81 can be accomplished as
a matter of code revision in the next session of the General
Assembly.
Therefore, for the above reasons, I have decided to veto
House Bill 1389.
Sincerely,
William Donald Schaefer
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