1430                             LAWS OF MARYLAND                        [CH. 662

shall not be less than three hundred sixty dollars or the balance of
all such loans, whichever amount is less; and (2) notwithstanding
any other provision of this article to the contrary, the period of
any vocational school loan made or guaranteed by the corporation
shall not exceed nine years from the execution of the note or written
agreement evidencing it.

7B.

(a)  Notwithstanding any other provision of this article to the
contrary, any borrower of a loan made or guaranteed by the corpora-
tion may accelerate repayment of all or any part of such loan with-
out penalty.

(b)   The corporation may make or guarantee a loan under terms
and conditions with respect to repayment which are more lenient
or more restrictive as to the borrower than provided for by this
section if the board determines that such action on its part is justi-
fied by special circumstances and would be consistent with the
general objectives of the corporation. In the case of medical students,
consideration shall be given to the period of formal internship,
residency training and fellowship, if any, and to financial need in
determining the period of repayment.

9. Contributions to corporation.

Notwithstanding the provisions of any general or special law or
the provisions of any certificate of incorporation, charter or other
articles of organization, all domestic corporations or associations
organized for the purpose of carrying on business in this State, and
any person, [is] are hereby authorized to make contributions to the
Maryland Higher Education Loan Corporation and such contribu-
tions shall be allowed as deductions in computing the net, taxable
income of any such person, corporation or association for purposes
of any income or franchise tax imposed by the State or any political
subdivision thereof.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1967.

Approved May 4, 1967.

CHAPTER 662
(Senate Bill 162)

AN ACT to repeal and re-enact, with amendments, Sections 38-1,
38-2(b) and 38-3 (b) of the Code of Public Local Laws of Prince
George's County (1963 Edition, being Article 17 of the Code of
Public Local Laws of Maryland), title "Prince George's County,"
subtitle "George Washington Memorial Parkway," as added by
Chapter 601 of the Acts of 1966; to repeal certain restrictions on
the project taking lines for the establishment of the George Wash-
ington Memorial Parkway project and raising the amount of in-
debtedness Prince George's County may incur to help finance the
Parkway project. AND TO RESTRICT THE PARKWAY FROM