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PARRIS N. GLENDENING, Governor H.B. 335
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(3) Representatives of State and local environmental organizations;
(4) Public health experts; and
(5) Any other person the Department considers appropriate.
[(c)] (E) The Department shall develop a program of financial incentives,
including low-interest loans and grants, to assist persons who participate in the
Brownfields Revitalization Incentive Program.
[(d)](F) This section does not affect, and may not be construed as affecting [,
the]:
(1) THE planning and zoning authority of a county or municipal
corporation; OR
(21 ANY PROVISION OF THE ENVIRONMENT ARTICLE.
SECTION 4. AND BE IT FURTHER ENACTED, That any money received by
the Brownfields Revitalization Fund from a taxing jurisdiction shall only be used for
brownfields sites in the taxing jurisdictions that have enacted a brownfields property
tax credit ordinance.
SECTION 5. AND BE IT FURTHER ENACTED, That Section 3 of this Act shall
take effect October 1, 2000, contingent on the taking effect of Chapter (S.B.
783/H.B. 972) of the Acts of the General Assembly of 2000, and if Chapter does
not become effective. Section 3 of this Act shall be null and void without the necessity
of further action by the General Assembly. If Chapter _____ (S.B. 783/HB. 972) of the
Acts of the General Assembly of 2000 takes effect, Section 1 of this Act shall be null and
void without the necessity of further action by the General Assembly.
SECTION 2. 6. AND BE IT FURTHER ENACTED, That, subject to Section 5
of this Act, this Act shall take effect July October 1, 2000.
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May 18, 2000
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 335 - Baltimore City Charter Amendment - General Powers - Tax
Increment Financing.
This bill allows Baltimore City to more easily participate in tax increment financing
by permitting the issuance of appropriation risk bonds. The pledge of tax increment
revenues for the payment of these bonds is subject to an annual appropriation by the
Mayor and City Council. The bill also stipulates that these bonds may not be backed
by the full faith and credit or unlimited taxing authority of the city.
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- 4403 -
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