S.B. 307

VETOES

(B) A GRANT AWARDED UNDER THIS SUBTITLE MAY BE USED FOR TUITION
CHARGES ONLY.

18-1207.

THE GOVERNOR SHALL INCLUDE IN THE ANNUAL BUDGET BILL AN
APPROPRIATION TO THE PROGRAM IN AN AMOUNT NOT LESS THAN:

(1)     $450,000 $200,000 FOR THE FISCAL YEAR THAT BEGINS ON JULY 1, 1996;

(2)     $900,000 FOR THE FISCAL YEAR THAT BEGINS ON JULY 1, 1997;

(3)     $1,350,000 FOR THE FISCAL YEAR THAT BEGINS ON JULY 1, 1998;

(4)     $1,800,000 FOR THE FISCAL YEAR THAT BEGINS ON JULY 1, 1999; AND

(5) $2,000,000 FOR THE FISCAL YEAR THAT BEGINS ON JULY 1, 2000 AND
EACH SUBSEQUENT FISCAL YEAR.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1995.

May 24, 1995

The Honorable Thomas V. Mike Miller, Jr.
President of the Senate
State House
Annapolis MD 21401

Dear Mr. President:

In accordance with Article II, Section 17 of the Maryland Constitution, I have today
vetoed Senate Bill 307.

This bill allows the Medical Mutual Liability Insurance Society of Maryland to establish,
own, or control a subsidiary for any business purpose. The bill also eliminates the
Society's rate stabilization fund charge and replaces it with a rate stabilization charge,
and limits the aggregate amount of the rate stabilization charge to twenty percent for any
policy year.

House Bill 278, which was passed by the General Assembly and signed by me on April 11,
1995, accomplishes the same purpose. Therefore, it is not necessary for me to sign Senate
Bill 307.

Sincerely,

Parris N. Glendening

Governor

Senate Bill No. 307

AN ACT concerning

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