H.B. 57                                                   VETOES

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1997.

May 22, 1997

The Honorable Casper R. Taylor, Jr.
Speaker of the House
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 57.

This bill requires the operator of an automated teller machine to post the fee in a
conspicuous place on the machine. The person using the automated teller machine must
have the opportunity to cancel the transaction without incurring any fee.

Senate Bill 481, which was passed by the General Assembly and signed by me on April 29,

1997, accomplishes the same purpose. Therefore, it is not necessary for me to sign House
Bill 57.

Sincerely,

Parris N. Glendening

Governor

House Bill No. 57

AN ACT concerning

Financial Institutions - Automated Teller Machines - Fee Disclosures

FOR the purpose of requiring the operator of an automated teller machine to disclose, at
or before the time a customer initiates a transaction is initiated, all certain fees to
be charged by the operator to the customer for using the automated teller machine;
making the provisions of this Act severable; and generally relating to the disclosure
of certain fees that a customer will be charged by an operator for using an
automated teller machine.

BY repealing and reenacting, with amendments,
Article - Financial Institutions
Section 1-207

Annotated Code of Maryland
(1992 Replacement Volume and 1996 Supplement)

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

Article - Financial Institutions

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