The Honorable Thomas V. Mike Miller, Jr.
President of the Senate
Annapolis MD 21401
Dear Mr. President:
In accordance with Article II, Section 17 of the Maryland Constitution, I have today vetoed Senate Bill 148 - Credit for Long-Term Care Insurance Premiums.
This bill specifies that the income tax credit for the purchase of long-term care insurance premiums enacted during the 2000 session (Chapter 242) cannot exceed the Maryland income tax and that any excess credit cannot be carried forward to any future tax years.
House Bill 280, which was passed by the General Assembly and signed by me, accomplishes the same purpose. Therefore, it is not necessary for me to sign Senate Bill 148.
Parris N. Glendening