ROBERT L. EHRLICH, JR., Governor

H.B. 262

(III) C. 3. IS DOMICILED IN THIS STATE; OR

(II) THE HONORABLY DISCHARGED VETERAN PRESENTS THE
FOLLOWING DOCUMENTATION WITHIN 1 YEAR AFTER THE VETERAN'S DISCHARGE:

A. 1. EVIDENCE THAT THE VETERAN ATTENDED A PUBLIC
OR PRIVATE SECONDARY SCHOOL IN THIS STATE FOR AT LEAST 3 YEARS; AND

B. 2. DOCUMENTATION THAT THE VETERAN GRADUATED
FROM A PUBLIC OR PRIVATE SECONDARY SCHOOL IN THIS STATE OR RECEIVED THE
EQUIVALENT OF A HIGH SCHOOL DIPLOMA IN THIS STATE.

(C) (D) THE COMMISSION SHALL ADOPT REGULATIONS IN ACCORDANCE
WITH TITLE 10, SUBTITLE 1 OF THE STATE GOVERNMENT ARTICLE TO IMPLEMENT
THE PROVISIONS OF THIS SECTION.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2003.

May 22, 2003

The Honorable Michael E. Busch
Speaker of the House
State House
Annapolis MD 21401

Dear Mr. Speaker:

In accordance with Article II, Section 17 of the Maryland Constitution, today I have
vetoed House Bill 262 - Optional Retirement Program - Supplemental Annuities.

This bill clarifies the authority of higher education institutions to invest
supplemental retirement plan funds and administer supplemental retirement plans
under the Internal Revenue Code. The bill provides higher education institutions
with indemnification by the State. Additionally, the bill provides for the application of
the Act.

Senate Bill 331, which was passed by the General Assembly and signed by me,
accomplishes the same purpose. Therefore, it is not necessary for me to sign House
Bill 262.

Sincerely,

Robert L. Ehrlich, Jr.

Governor

House Bill No. 262

AN ACT concerning

Optional Retirement Program - Supplemental Annuities

FOR the purpose of clarifying the authority of certain higher education institutions to
invest supplemental retirement plan funds and administer certain

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