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 474 - Property Tax - Talbot County - Personal Property.

This bill authorizes Talbot County or its municipalities to grant a property tax credit against the local corporation property tax on personal property. The county or municipalities may, by law, set the amount, terms, scope and duration of the credit, as well as designate subclasses of personal property to which a credit applies, provide for any restrictions or conditions considered desirable for granting a credit and adopt any other provisions necessary to administer such a credit.

House Bill 346, which was passed by the General Assembly and signed by me on May 11, 2000, accomplishes the same purpose. Therefore, it is not necessary for me to sign Senate Bill 474.

Parris N. Glendening