Ch. 13                                      1996 LAWS OF MARYLAND

SUPPLEMENTAL BUDGET NO. 2 - FISCAL YEAR 1997

March 18, 1996

Mr. President, Mr. Speaker,

Ladies and Gentlemen of the General Assembly

Pursuant to the authority conferred on me by Article III, Section 52, Subsection (5)
of the Constitution of Maryland, and in accordance with the consent of the (State Senate)
- (House of Delegates), duly granted, I hereby submit a supplement to Senate Bill 160
and/or House Bill 160 in the form of an amendment to the original budget for the Fiscal
Year ending June 30, 1997.

Supplemental Budget No. 2 will affect previously estimated funds available for
budget operations as shown on the following summary statement.

SUPPLEMENTAL BUDGET SUMMARY

Estimated General Fund Surplus Available
July 1, 1997 (per Supplemental Budget No. 1)

Adjustments to Revenue:

General Funds:

Fiscal Year 1996
Revised Board of Revenue Estimates - March 1996
Increase Fiscal Year 1996 Estimated Agency Reversions:

Judiciary
Transfer to General Fund Revenue from the Revenue

Stabilization Account
Total Fiscal Year 1996

Fiscal Year 1997
Revised Board of Revenue Estimates - March 1996
Anticipated Legislative Reductions to the State Lottery

Agency Operating Budget
Contingent Reductions Not Realized:

Department of Health and Mental Hygiene - 32.06.02.05
Anticipated Legislative Reductions to the Original Budget
Operating Budget Reductions Contingent Upon the

Enactment of Early Retirement Legislation
Additional Revenues:
- Attorney General Asbestos Settlement
Contingent upon the enactment of SB 299 or HB 282

(Limited Liability Limited Partnerships)
Contingent upon the enactment of HB 468 (Revised

Uniform Partnership Act)
Total Fiscal Year 1997

- 940 -

-54,552,000

1,300,000

59,672,000

-77,273,000

1,335,000

-750,000
87,000,000

10,000,000

1,352,700

5,000

15,000

6,420,000

21,684,700

505,398