The Honorable Casper R. Taylor, Jr.
Speaker of the House
Annapolis MD 21401
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland Constitution, I have today vetoed House Bill 1145 - Baltimore City Charter Amendment - General Powers - Tax Increment Financing.
This bill makes several changes to Baltimore City's tax increment financing provisions. The bill authorizes the City to use proceeds from tax increment financing for parking facilities that are either publicly or privately owned but serve a public purpose. The bill also eliminates the requirement that the development district be a contiguous area. Finally, the bill makes a technical adjustment required by the State's change from fractional property assessment to full value property assessment.
Senate Bill 733, 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 1145.
Parris N. Glendening