1264

LAWS OF MARYLAND

Ch. 308

remove the staff of the Fund in accordance with the provisions of
Article 64A of the [Annotated] Code [of Maryland].

(2)  Except for such positions as may be designated by
the executive director, with the approval of the board of
trustees, as technical or professional positions, the staff shall
be classified employees.

(3)  The compensation of unclassified personnel shall
be AS determined by the [board of trustees] EXECUTIVE DIRECTOR
with the approval of the [State Secretary of Personnel] BOARD OF
TRUSTEES AND SHALL BE IN ACCORDANCE WITH THE STATE PAY PLAN WHEN
POSSIBLE.

(4) (I) THE EXECUTIVE DIRECTOR SHALL SUBMIT TO THE
SECRETARY CHANGES TO SALARY PLANS WHICH INVOLVE INCREASES OR
DECREASES IN SALARY RANGES OTHER THAN THOSE ASSOCIATED WITH
ROUTINE RECLASSIFICATIONS AND PROMOTIONS OR GENERAL SALARY
INCREASES APPROVED BY THE GENERAL ASSEMBLY. REPORTABLE CHANGES
INCLUDE BUT ARE NOT LIMITED TO CREATION OR ABOLITION OF CLASSES,
REGRADING OF CLASSES FROM ONE ESTABLISHED RANGE TO ANOTHER, OR
CREATION OF NEW PAY SCHEDULES OR RANGES. THE SECRETARY SHALL
REVIEW PROPOSED CHANGES, DETERMINE WHETHER SUCH CHANGES WOULD
HAVE AN ADVERSE EFFECT ON COMPARABLE STATE JOBS, AND SO ADVISE
THE EXECUTIVE DIRECTOR.

(II) THE EXECUTIVE DIRECTOR SHALL SUBMIT ANY
CHANGES IN THE FUND'S SALARY PLAN TO THE SECRETARY AT LEAST 45
DAYS BEFORE THE PLANNED EFFECTIVE DATE OF THE CHANGES. THE
SECRETARY SHALL ADVISE THE EXECUTIVE DIRECTOR, NOT LATER THAN 15
DAYS BEFORE THE EFFECTIVE DATE OF THE PLAN CHANGES, OF ANY
ADVERSE EFFECT WHICH THE CHANGES MIGHT HAVE ON COMPARABLE STATE
JOBS. FAILURE OF THE SECRETARY TO TIMELY RESPOND SHALL BE DEEMED
A STATEMENT OF NO ADVERSE EFFECT.

(III) THE EXECUTIVE DIRECTOR SHALL REPORT
ANNUALLY ON OR BEFORE JANUARY 31 TO THE GENERAL ASSEMBLY AND TO
THE SECRETARY OF PERSONNEL SETTING FORTH ALL STAFF POSITIONS,
CLASSIFICATIONS, AND SALARIES IN THE FUND AS OF THE PRECEDING
CALENDAR YEAR END.

(IV) NOTHING IN THIS SECTION PRECLUDES THE
NECESSITY FOR REPORTING SALARY CHANGES AS REQUIRED IN §§ 7-109
AND 7-209 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1986.

Approved May 13, 1986.