H.B. 332

VETOES

(e)     If the terms of the agreement governing the plan, as originally drawn or as
amended provide, any amendment may, on and after the date on which it becomes
effective as to a particular borrower, apply to all then outstanding unpaid
indebtedness in the borrower's account under the plan, including any indebtedness
which shall have arisen out of purchases made or loans obtained prior to the effective
date of the amendment.

(f)      For purposes of this section, a decrease in the required amount of
scheduled payments shall not be deemed an amendment which has the effect of
increasing the interest or finance charges to be paid by the borrower.

(g)     The procedures for amendment by a credit grantor of the terms of a plan to
which a nonconsumer borrower is a party may, notwithstanding the provisions of this
section, be as the agreement governing the plan may otherwise provide.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall apply to
amendments made on or after the effective date of this Act to agreements governing
revolving credit plans in existence on or established after the effective date of this Act.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 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 332 - Frederick County -Alcoholic Beverages — Stadium License.

This bill authorizes the Frederick County Board of License Commissioners to issue a
stadium on-sale license for beer and light wine.

Senate Bill 356, 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 332.

Sincerely,

Robert L. Ehrlich, Jr.

Governor

House Bill No. 332

AN ACT concerning

Frederick County - Alcoholic Beverages - Stadium License

FOR the purpose of authorizing the Frederick County Board of License

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