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2436
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Ch. 540
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LAWS OF MARYLAND
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GOVERNOR.
478.
UNLESS PROVIDED ELSEWHERE, MEMBERS OF THE PANEL
SHALL RECEIVE NO COMPENSATION FOR THEIR SERVICES AS SUCH,
BUT THEY MAY BE REIMBURSED FOR PROPER AND NECESSARY
EXPENSES INCURRED IN THE DISCHARGE OF THEIR DUTIES ON THE
PANEL IN ACCORDANCE WITH THE STANDARD TRAVEL REGULATIONS.
479.
THE PANEL SHALL MEET AT THE CALL OF EITHER THE
CHAIRMAN OR A MAJORITY OF MEMBERS.
480.
THE PANEL SHALL:
(1) CONTINUE TO STUDY THE IMPLICATIONS FOR THE
STATE OF MARYLAND AND FOR ITS CITIZENS OF THE MOVEMENT
FROM OUR PRESENT PAYMENT SYSTEMS CHARACTERIZED BY CASH,
CHECKS, AND CREDIT CARDS, TO A SYSTEM CHARACTERIZED BY
THE ELECTRONIC TRANSFER OF FUNDS, WITH PARTICULAR
EMPHASIS ON THE IMPACT ON BANKS, OTHER DEPOSITORY
INSTITUTIONS, BUSINESS, GOVERNMENT, CONSUMER CONSUMERS,
AND THE PRIVACY RIGHTS OF THE CITIZENS OF THE STATE OF
MARYLAND.
(2) EVALUATE THE BENEFITS AND DRAWBACKS OF THE USE
OF ELECTRONIC FUNDS TRANSFER BY THE STATE OF MARYLAND IN
THE ADMINISTRATION OF ITS PAY SYSTEM.
(3) MONITOR THE INTRODUCTION AND IMPACT OF
ELECTRONIC FUNDS TRANSFER SYSTEMS IN OTHER STATES AND IN
THE FEDERAL GOVERNMENT.
(4) REPORT ITS FINDINGS TO THE GOVERNOR AND THE
GENERAL ASSEMBLY IN AN INTERIM REPORT ON DECEMBER 1, 1977
AND A FINAL REPORT ON DECEMBER 1, 1978.
(5) MAKE RECOMMENDATIONS TO THE GENERAL ASSEMBLY
TO ASSURE THAT THE INTERESTS OF THE STATE OF MARYLAND AND
ITS CITIZENS ARE APPROPRIATELY SAFEGUARDED IN ELECTRONIC
FUNDS TRANSFER SYSTEMS INTO IN THE STATE OF MARYLAND.
THESE RECOMMENDATIONS SHALL ACCOMPANY FINDINGS GIVEN THE
GOVERNOR AND THE GENERAL ASSEMBLY ON DECEMBER 1, 1978.
481.
THE PANEL MAY SEEK FUNDS FROM THE FEDERAL
GOVERNMENT, FOUNDATIONS, AND PRIVATE SOURCES IN ADDITION
TO STATE FUNDING.
482.
THE PANEL MAY EMPLOY TEMPORARY PROFESSIONAL AND
CLERICAL PERSONNEL AND CONSULTANTS NECESSARY TO PERFORM
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