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 1193 - Creation of State Debt - Southern Maryland Regional Strategy-Action Plan for Agriculture.
This bill authorizes $5 million in general obligation bond issuance in each of fiscal years 2003 through 2008 for a total authorization of $30 million. The proceeds of any bonds issued would be used as a grant to the Tri-County Council of Southern Maryland to assist in implementing the Southern Maryland Regional Strategy-Action Plan for Agriculture. The Maryland Department of Agriculture must repay the general fund within eight years of the final issuance for the principal and issuance costs of any debt issued.
Senate Bill 532, 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 1193.
Parris N. Glendening