S.B. 371

VETOES

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 83A - Department of Business and Economic Development

4-208.

(a)     There is a Maryland Tourism Development Board Fund.

(b)     The Fund is established to provide a continuing fund for the Board to fund
programs relating to the planning, advertising, promotion, assistance, and development of
the tourism industry in the State.

(c)     The Fund is a special, continuous, nonlapsing fund that is not subject to §
7-302 of the State Finance and Procurement Article.

(d)    The Treasurer shall invest and reinvest the Fund in the same manner as other
State funds and credit any investment earnings to the General Fund.

(e)     The Fund consists of:

(1)     Moneys appropriated in the State budget to the Fund; and

(2)     All funds accepted by the Board in accordance with § 4-206 of this
subtitle.

(f)     Expenditures from the Fund may be made only by the Board in accordance
with an appropriation.

(g)     (1) In this subsection, "Governor's proposed General Fund appropriation"
means the General Fund appropriation included by the Governor in the annual budget
bill as submitted to the Genera] Assembly, including any proposed supplemental budget,
before any amendment by the General Assembly.

(2)     [For each of Fiscal Years 1996, 1997, and 1998 the] THE Governor shall
include in the annual budget bill a proposed General Fund appropriation to the Fund in
an amount not less than [$3,000,000]:

(I)      $4,000,000, FOR FISCAL YEAR 1999;

(II)    $5,000,000, FOR FISCAL YEAR 2000; AND

(III)   $6,000,000, FOR FISCAL YEAR 2001 AND SUBSEQUENT FISCAL
YEARS.

(3)     For each of Fiscal Years [ 1996, 1997, and 1998] 1999, 2000, AND 2001
FISCAL YEAR, in addition to any appropriation for tourism marketing from the Maryland
Tourism Development Board Fund, the Governor shall include in the annual budget bill
submitted to the General Assembly a General Fund appropriation for the Office of
Tourism Development in an amount not less than the amount of the Governor's proposed
General Fund appropriation for the Office of Tourism Development for Fiscal Year 1995.

Chapter 111 of the Acts of 1994

SECTION 2. AND BE IT FURTHER ENACTED, That the intent of this Act is to

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