|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Martin O'Malley, Governor H.B. 1239
|
|
|
|
|
|
|
|
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2007.
|
|
|
|
|
|
|
|
May 17, 2007
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 1247 - Postretirement Health Benefits Trust Fund - Clarification.
This bill requires the transfer to the Postretirement Health Benefits Trust Fund of all
future budgetary allocations for the purpose of reducing the State's accrued liabilities
associated with health benefits provided to State retirees. The bill also authorizes the
transfer of funds allocated in the fiscal 2007 and 2008 budgets for retiree health
liabilities to the trust fund and allows payments from the trust fund in future years to
pay the ongoing costs of providing health benefits to State retirees.
Senate Bill 780, 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 1247.
Sincerely,
Martin O'Malley
Governor
House Bill 1247
AN ACT concerning
Postretirement Health Benefits Trust Fund - Clarification
FOR the purpose of specifying that certain funds shall be deposited into the
Postretirement Health Benefits Trust Fund; limiting the amount to be paid for
administrative expenses for operating the Postretirement Health Benefits Trust
Fund; altering the time period when payments may be made from the
|
|
|
|
|
|
|
|
- 4843 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|