DURING THE TAXABLE YEAR as provided under a higher education investment
contract in accordance with the Maryland Higher Education Investment Program.

(2) [The] SUBJECT TO PARAGRAPH (3) OF THIS SUBSECTION, FOR EACH
HIGHER EDUCATION INVESTMENT CONTRACT, THE subtraction under paragraph (1)
of this subsection may not exceed $2,500 for any taxable year.

(3) THE AMOUNT DISALLOWED AS A SUBTRACTION UNDER THIS
SUBSECTION FOR ANY TAXABLE YEAR AS A RESULT OF THE LIMITATION UNDER
PARAGRAPH (2) OF THIS SUBSECTION SHALL BE TREATED AS HAVING BEEN MADE IN
THE NEXT SUCCEEDING TAXABLE YEAR AND, SUBJECT TO THE $2,500 ANNUAL
LIMITATION FOR EACH HIGHER EDUCATION INVESTMENT CONTRACT, MAY BE
CARRIED OVER TO SUCCEEDING TAXABLE YEARS UNTIL THE FULL AMOUNT OF THE
ADVANCE PAYMENTS HAS BEEN ALLOWED AS A SUBTRACTION.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1,1999 and shall be applicable to all taxable years beginning after December 31,
1998 1997.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act is an
emergency measure, is necessary for the immediate preservation of the public health
and safety, has been passed by a yea and nay vote supported by three-fifths of all the
members elected to each of the two Houses of the General Assembly, and shall take
effect from the date it is enacted.

May 27, 1999

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 49.

This bill extends the termination date of the State Board of Dental Examiners from
July 1, 1999 to July 1, 2006 in accordance with the "sunset review" process. The bill
also adds one consumer member to the board, increasing the total number of
members to 15. In addition, it establishes a Dental Hygienist Rehabilitation
Committee.

Senate Bill 209, which was passed by the General Assembly and signed by me on
April 27, 1999, accomplishes the same purpose. Therefore, it is not necessary for me
to sign House Bill 49.

Sincerely,

Parris N. Glendening
Governor