PARRIS N. GLENDENING, Governor

H.B. 1288

and are available for such delivery, provided, however, that any such interim certificates
or temporary bonds shall be issued in all respects subject to the restrictions and
requirements set forth in this Act. The County may, by appropriate resolution, provide for
the replacement of any bonds issued hereunder which shall have become mutilated or lost
or destroyed upon such conditions and after receiving such indemnity as the County may
require.

SECTION 9. AND BE IT FURTHER ENACTED, That any and all obligations
issued pursuant to the authority of this Act, their transfer, the interest payable thereon,
and any income derived therefrom in the hands of the holders thereof from time to time
(including any profit made in the sale thereof) shall be and are hereby declared to be at
all times exempt from State, county, municipal, or other taxation of every kind and nature
whatsoever within the State of Maryland.

Nothing in this Act shall prevent the County from authorizing the issuance and sale
of bonds the interest on which is not excludable from gross income for federal income tax

purposes.

SECTION 10. AND BE IT FURTHER ENACTED, That the authority to borrow
money and issue bonds conferred on the County by this Act shall be deemed to provide
an additional and alternative authority for borrowing money and shall be regarded as
supplemental and additional to powers conferred upon the County by other laws and shall
not be regarded as in derogation of any power now existing; and all Acts of the General
Assembly of Maryland heretofore passed authorizing the County to borrow money are
hereby continued to the extent that the powers contained in such Acts have not been
exercised, and nothing contained in this Act may be construed to impair, in any way, the
validity of any bonds that may have been issued by the County under the authority of any
said Acts, and the validity of the bonds-is hereby ratified, confirmed, and approved. This
Act, being necessary for the welfare of the inhabitants of Garrett County, shall be
liberally construed to effect the purposes hereof. All Acts and parts of Acts inconsistent
with the provisions of this Act are hereby repealed to the extent of such inconsistency.

SECTION 11. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 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 1288.

This bill delays the dates by which the recycled content of newspapers and telephone
directories distributed in the State must meet specified percentage levels.

Senate Bill 629, which was passed by the General Assembly and signed by me on this

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