May 22, 2003
The Honorable Michael E. Busch
Speaker of the House
Annapolis MD 21401
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland Constitution, today I have vetoed House Bill 374 - Commercial Law - Uniform Commercial Code - Title 9 - Miscellaneous.
This bill alters the definitions of "agricultural lien" and "health-care-insurance receivable" under Title 9 of the Uniform Commercial Code; establishes that a sale by an individual of an account that is a right to payment of winnings in a lottery or other game of chance is automatically perfected; and clarifies the date on which certain financing statements lapse.
Senate Bill 286, 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 374.
Robert L. Ehrlich, Jr.