HARRY HUGHES, Governor                                  2547

THE COMPTROLLER SHALL CONTINUE TO ADMINISTER THE FUND
AND SHALL INVEST THE MONEY IN THE FUND, SUBJECT TO THE USUAL
INVESTING PROCEDURES FOR STATE FUNDS.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1982.

SECTION 2. AND BE IT FURTHER ENACTED, That Section(s)
31-7 of Article 33 - Election Code, and Section(s) 465
through 467, inclusive, and the subtitle "Fair Campaign
Financing Contribution" of Article 81 - Revenue and Taxes,
of the Annotated Code of Maryland be repealed.

SECTION 3. AND BE IT FURTHER ENACTED, That the
check-off system used on personal State income tax returns
to designate funds for the Fair Campaign Financing Fund may
not be utilized for the income tax returns covering the
calendar year 1982 and thereafter.

SECTION 4. AND BE IT FURTHER ENACTED, That any State
records relating to the Fair Campaign Financing Commission
shall be transferred to, and retained by, the State
Administrative Board of Election Laws.

SECTION 5. AND BE IT FURTHER ENACTED, That if any
provision of this Act or the application thereof to any
person or circumstance is held invalid for any reason, the
invalidity shall not affect the other provisions or any
other application of this Act which can be given effect
without the invalid provisions or application, and to this
end all the provisions of this Act are declared to be
severable.

SECTION 6. AND BE IT FURTHER ENACTED, That this Act is
hereby declared to be an emergency measure and necessary for
the immediate preservation of the public health and safety
and having been passed by a yea and nay vote supported by
three-fifths of all the members elected to each of the two
Houses of the General Assembly, the same shall take effect
from the date of its passage.

Approved May 20, 1982.

CHAPTER 264
(Senate Bill 314)