May 16, 2002
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 307 - Maryland Technology Development Corporation.
This bill authorizes the Maryland Technology Development Corporation (TEDCO) to create, own, control or be a member of a for-profit or nonprofit corporation, limited liability company, partnership or other entity. It also allows TEDCO to exercise any power usually possessed by a private corporation in performing similar functions. The bill repeals TEDCO's authority to manufacture projects.
House Bill 405, 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 307.
Parris N. Glendening