HARRY HUGHES Governor                                 2923

SECTION 2. AND BE IT FURTHER ENACTED, That should
federal legislation be enacted providing an exclusion of
interest from gross income for federal income tax purposes,
this Act shall be null and void without the necessity of
further action by the General Assembly.

SECTION 2 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980.

Approved May 2, 1980

CHAPTER 827

(Senate Bill 490)

AN ACT concerning

Vehicle Laws - Dealers - Fines

FOR the purpose of allowing the Motor Vehicle Administrator
to assess certain fines on certain dealers for certain
violations

BY repealing and reenacting, with amendments,

Article - Transportation

Section 15-315

Annotated Code of Maryland

(1977 Volume and 1979 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article - Transportation

15-315.

(A) In addition to the other grounds specified in
Subtitle 1 of this title for refusal, suspension, or
revocation of a license the Administration may refuse to
grant a license under this subtitle to any person and may
suspend, revoke or refuse to renew the license of any
person if it finds that:

(1) The person his management personnel, or any
other person who has a direct or indirect financial interest
in the dealership is untrustworthy, lacks competence, or has
been convicted by final judgment in any court of a crime of
moral turpitude;