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PARRIS N. GLENDENING, Governor
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S.B. 498
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In accordance with Article II, Section 17 of the Maryland Constitution, I have today
vetoed Senate Bill 498 - Local Governments - Financial Reports - Submission Date.
This bill authorizes counties, municipal corporations and taxing districts in the State
with a population in excess of 400,000 to submit its annual financial report to the
Department of Legislative Services by the first day in January following the end of
the fiscal year. The bill also extends the due date for counties, municipal corporations
or taxing districts with a population in excess of 400,000 to submit a comprehensive
report on the jurisdiction's financial condition to the Department of Legislative
Services from 120 to 180 days following the end of a fiscal year.
House Bill 742, which was passed by the General Assembly and signed by me,
accomplishes the same purpose. Therefore, it is not necessary for me to sign Senate
Bill 498.
Sincerely,
Parris N. Glendening
Governor
Senate Bill No. 498
AN ACT concerning
Local Governments - Financial Reports - Submission Date
FOR the purpose of allowing counties, municipal corporations, and taxing districts in
the State with a population in excess of a certain number to file with the
Department of Legislative Services, by January 1 after the close of the fiscal
year, the annual financial reports they are required by law to file with the
Department; extending the time that certain counties, municipal corporations,
special taxing districts, and public corporations have to submit to the
Department certain reports relating to indebtedness; making stylistic and
technical changes; and generally relating to the submission of financial reports
by local governments and other entities to the Department of Legislative
Services.
BY repealing and reenacting, with amendments,
Article 19 - Comptroller
Section 37
Annotated Code of Maryland
(2001 Replacement Volume)
BY repealing and reenacting, with amendments,
Article 24 - Political Subdivisions - Miscellaneous Provisions
Section 2-101
Annotated Code of Maryland
(2001 Replacement Volume)
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