ROBERT L. EHRLICH, JR., Governor

H.B. 1179

respect to each obligor whose name the Comptroller submitted to the financial
institution, submit a report to the Comptroller.

(2)     (I) [The] EXCEPT AS PROVIDED IN SUBPARAGRAPH (II) OF THIS
PARAGRAPH, THE report described in paragraph (1) of this subsection shall contain, to
the extent reflected in the records of the financial institution:

[(i)] 1. the full name of the obligor;

[(ii)] 2. the address of the obligor;

[(iii)] 3. the Social Security number or other taxpayer
identification number of the obligor;

[(iv)] 4. any other identifying information needed to ensure
positive identification of the obligor; and

[(v)] 5. for each account of the obligor, the obligor's account
number and balance.

(II) FOR A FINANCIAL INSTITUTION THAT SUBMITS REPORTS
THROUGH THE FEDERAL PARENT LOCATOR SERVICE UNDER 42 U.S.C. § 666(A)(17),
THE REPORT DESCRIBED IN PARAGRAPH (1) OF THIS SUBSECTION MAY CONTAIN
INFORMATION THAT MEETS THE SPECIFICATIONS REQUIRED FOR FINANCIAL DATA
MATCH REPORTS UNDER THE FEDERAL PARENT LOCATOR SERVICE.

(3)     A report submitted under paragraph (1) of this subsection shall be
provided to the Comptroller in machine-readable form.

(4)     The Comptroller shall pay the financial institution a reasonable fee,
not to exceed the actual costs incurred by the financial institution to comply with the
requirements of this section, less any fees received from other units of the State for
the same report.

(5)     The Comptroller may institute civil proceedings to enforce this
section.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2004.

May 26, 2004

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, I have today
vetoed House Bill 1179 - 2020 Rural Maryland - Agricultural and Resource-Based
Industry Development Act.

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