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Legislation


May 26, 2005

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, today I have vetoed Senate Bill 256 - Real Estate Brokers - Limited Liability Companies - Payment of Commission.

This bill authorizes specified licensed real estate salespersons and associate brokers, with the consent of a licensed real estate broker, to form a specified limited liability company. All members of the limited liability company must be licensed real estate salespersons or licensed associate real estate brokers. The bill also authorizes that a commission may be paid to the limited liability company under specified circumstances. House Bill 464, 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 256.

Very truly yours,
Robert L. Ehrlich, Jr.
Governor

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