May 26, 2005
The Honorable Michael E. Busch
Speaker of the House
State House
Annapolis, MD 21401
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland Constitution, today I have vetoed House Bill 162 - This bill alters the reserve fund established in Wicomico County to provide working capital and meet any losses in the operation of the county alcoholic beverages dispensaries and makes the reserve fund subject to the approval of the Wicomico County Council. This bill also repeals the maximum limit for the reserve fund, repeals exclusions from the reserve fund, and requires that net profits be paid to Wicomico County on specified dates.
Senate Bill 574, 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 162.
Very truly yours,
Robert L. Ehrlich, Jr.
Governor