HARRY HUGHES, Governor

2995

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be repealed, amended, or enacted to read as follows: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 101 - Workmen's Compensation

36.

Each employer (employee) (or in the case of death his
family or dependents) entitled to receive compensation under
this article shall receive the same in accordance with the
following schedule and except as in this article otherwise
provided, such payment shall be in lieu of any and all
rights of action whatsoever against any person whomsoever.

(13) IF COMPENSATION PAYABLE UNDER AN AWARD MADE
PURSUANT TO THIS ARTICLE IS NOT PAID WITHIN 10 DAYS AFTER IT
BECOMES DUE, THERE SHALL BE ADDED TO THE AWARD AN AMOUNT
EQUAL TO 20 PERCENT OF THE UNPAID COMPENSATION, WHICH SHALL
BE PAID AT THE SAME TIME AS THE COMPENSATION.

(13) IF THE COMMISSION FINDS THAT ANY COMPENSATION
PAYMENT AWARDED PURSUANT TO THIS ARTICLE HAS NOT BEEN PAID,
THROUGH THE FAULT OF THE INSURER OR SELF-INSURER, BY THE
THIRTY-FIRST DAY AFTER THE ORDER THEREFOR WAS ISSUED OR THE
PAYMENT WAS DUE, WHICHEVER IS LATER, THE COMMISSION SHALL
ASSESS AGAINST THE INSURER OR SELF-INSURER A FINE NOT TO
EXCEED 20 PERCENT OF THE AMOUNT OF THE PAYMENT, WHICH FINE
SHALL BE REMITTED TO THE CLAIMANT.

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

Approved May 27, 1980.

CHAPTER 849

(House Bill 561)

AN ACT concerning

Income Tax - Interest Exemption

FOR the purpose of providing a limited exemption from State

income taxation for interest received by certain

taxpayers on accounts with financial institutions

excluding from taxable income, for State income tax
purposes, a certain amount of interest received by
individuals; and making this Act null and void under
certain circumstances.

BY repealing and reenacting, with amendments,