VETOES

AND SALE OF PENSION LIABILITY FUNDING BONDS THE INTEREST ON WHICH
IS NOT EXCLUDABLE FROM GROSS INCOME FOR FEDERAL INCOME TAX
PURPOSES.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
be liberally construed to effect the purposes thereof, and if any
provision of this Act or the application thereof to any person or
circumstance is held invalid for any reason in a court of
competent jurisdiction, the invalidity does not affect other
provisions or any other application of this Act which can be
given effect without the invalid provision or application, and
for this purpose the provisions of this Act are declared
severable.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1987.

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 1474.

This bill expands the class of individuals defined as "State
personnel" and clarifying certain activities to be within the
scope of public duties of State personnel.

Senate Bill 1021, which was passed by the General Assembly
and signed by me on May 14, 1987, accomplishes the same purpose.
Therefore, it is not necessary for me to sign House Bill 1474.

Sincerely,

William Donald Schaefer

Governor

House Bill No. 1474

AN ACT concerning

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