HARRY HUGHES, Governor

3551

13-104.

(A) THE STATE TREASURER IS RESPONSIBLE FOR THE MANAGEMENT
OF FUNDS IN THE TRUST FUND AND SHALL MANAGE THOSE FUNDS UNDER THE
AUTHORITY GRANTED IN ARTICLE 95, § 22F OF THE CODE.

(B) THE STATE TREASURER SHALL MAKE AN ANNUAL REPORT TO THE
BOARD OF TRUSTEES, TO THE GOVERNOR, AND, IN ACCORDANCE WITH §
2-1312(B) OF THE STATE GOVERNMENT ARTICLE, TO THE GENERAL
ASSEMBLY CONCERNING THE MANAGEMENT OF THE FUNDS IN THE PRECEDING
FISCAL YEAR.

13-105.

(A) (1) THERE IS A BOARD OF TRUSTEES FOR THE TRUST FUND
CONSISTING OF 13 MEMBERS.

(2) OF THE 13 MEMBERS:

(I)  THE 9 VOTING MEMBERS SHALL BE:

1. THE COMPTROLLER OF THE TREASURY;

2. THE SECRETARY OF NATURAL RESOURCES OR
A DESIGNEE OF THE SECRETARY;

3. THE SECRETARY OF HUMAN RESOURCES OR A
DESIGNEE OF THE SECRETARY;

4. THE SECRETARY OF TRANSPORTATION OR A
DESIGNEE OF THE SECRETARY;

5. THE SECRETARY OF BUDGET AND FISCAL
PLANNING OR A DESIGNEE OF THE SECRETARY;

6. 1 MEMBER FROM THE PUBLIC APPOINTED BY
THE GOVERNOR;

7. 3 MEMBERS OF LOCAL GOVERNMENT
APPOINTED BY THE GOVERNOR IN THE FOLLOWING MANNER:

A. 1 PERSON FROM A LIST OF 3 PERSONS
SUBMITTED BY THE MARYLAND ASSOCIATION OF COUNTIES;

B. 1 PERSON FROM A LIST OF 3 PERSONS
SUBMITTED BY THE MARYLAND MUNICIPAL LEAGUE; AND

C. 1 PERSON REPRESENTING BALTIMORE CITY,
NOMINATED BY THE MAYOR OF BALTIMORE.

(II) THE 4 NONVOTING EX OFFICIO MEMBERS SHALL
BE:

1. THE CHAIRMAN OF THE COMMITTEE ON
ENVIRONMENTAL MATTERS OF THE HOUSE OF DELEGATES;