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 881 - Insurance - Assets, Reserves, and Investments of Insurers.

This bill alters the manner in which insurers report assets, reserves and investments.

House Bill 1412, 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 881.

Parris N. Glendening