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Session Laws, 2004
Volume 801, Page 3293   View pdf image
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ROBERT L. EHRLICH, JR., Governor                         H.B. 1258

31-2A-04.

If a law enforcement officer, FIREFIGHTER, OR PARAMEDIC joins the Law
Enforcement Officers' Pension System within 6 months after the effective date, the
member is entitled to credit for employment with the participating governmental unit
before the effective date.

31-2A-05.

(a)     If an eligible governmental unit approves participation in the Law
Enforcement Officers' Pension System, the operation of the local pension system with
respect to the law enforcement officers, FIREFIGHTERS, OR PARAMEDICS terminates
on the effective date.

(b)     (1) On the effective date:

(i) the assets to the credit of the local pension system that relate to
the law enforcement officers, FIREFIGHTERS, OR PARAMEDICS who elect to become
members shall be transferred to the Law Enforcement Officers' Pension System; and

(ii) the trustee or other administrative head of the local pension
system shall certify the proportion of the funds of the local pension system that
represents the accumulated contributions of the members as of that date.

(2)     The accumulated contributions shall be credited to the respective
annuity savings accounts of the members in the Law Enforcement Officers' Pension
System.

(3)     The balance of the funds transferred to the Law Enforcement
Officers' Pension System shall be offset against the special accrued liability to be
funded by the participating governmental unit as provided by § 21-306.1(d) of this
article.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 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 1258 — Natural Resources - Special Funds and Accounts -
Administrative Costs.

This bill authorizes the Secretary of Natural Resources to use money in specified
funds or accounts under the Department for administrative expenses related to the
fund or account based on a generally accepted methodology for determining indirect
costs and requires the Secretary to submit any changes to the indirect costs

- 3293 -

 

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Session Laws, 2004
Volume 801, Page 3293   View pdf image
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