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Session Laws, 1995
Volume 793, Page 4376   View pdf image
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H.B. 1367

VETOES

[(d)](E) An enabling act under this section may contain:

(1)     an additional provision for all or part of the principal of and interest on
the State bonds issued under the enabling act to be paid primarily from sources of funds
other than a State tax on assessable property; and

(2)     any other additional provision that is appropriate to the purpose of the
enabling act and the nature of State bonds.

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

May 24, 1995

The Honorable Casper R. Taylor, Jr.
Speaker of the House of Delegates
State House
Annapolis MD 21401

Dear Mr. Speaker:

In accordance with Article II, Section 17 of the Maryland Constitution, I have today
vetoed House Bill 1367.

This bill allows the Charles County and Garrett County Community Colleges to enter into
lease purchase agreements for personal property. The agreements must run for the
estimated life of the equipment to be purchased. The Charles County college may enter
into intermediate term lease purchase agreements.

Senate Bill 845, which was passed by the General Assembly and signed by me on May 18,
1995, accomplishes the same purpose. Therefore, it is not necessary for me to sign House
Bill 1367.

Sincerely,

Parris N. Glendening

Governor

House Bill No. 1367

AN ACT concerning

Garrett County Community College Charles County and Garrett County Community

Colleges - Authority to Incur Debt

FOR the purpose of authorizing the Board of Community College Trustees for Charles
County and Garrett County to borrow money for certain purposes and to secure
certain debt in a certain manner; providing for the termination of certain financing
agreements under certain circumstances; providing that certain borrowing does not
constitute debt or an obligation of the State or certain political subdivisions;
applying certain provisions concerning certain lease purchase agreements to the
Board of Community College Trustees for Charles County; exempting the Board of

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Session Laws, 1995
Volume 793, Page 4376   View pdf image
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