The Honorable Thomas V. Mike Miller, Jr.
President of the Senate
State House
Annapolis MD 21401

Dear Mr. President:

In accordance with Article II, Section 17 of the Maryland Constitution, I have today vetoed Senate Bill 450 - Check Cashing Services - Licensing - Maximum Fees.

This bill requires check cashing services, with specified exceptions, to be licensed by the Commissioner of Financial Regulation. This bill specifies the qualifications needed to obtain a license and the required license and renewal fees.

House Bill 516, which was passed by the General Assembly and signed by me today, accomplishes the same purpose. Therefore, it is not necessary for me to sign Senate Bill 450.

Parris N. Glendening