HARRY HUGHES, Governor
2113
FOR the purpose of providing that a county governing body
may appropriate funds to maintain a reserve to pay
future plant repairs and maintenance for a community or
regional community college.
FOR the purpose of allowing a county governing body to
appropriate money ana establish a reserve fund for
future plant maintenance and repair at a community
college; providing for approval for expenditures from
this fund in the same manner as certain budgets are
approved; providing an exception regarding the
application of this Act in Baltimore City and Anne
Arundel County; and providing that the fund may not be
considered as "current expenses" for certain purposes.
BY adding to
Article - Education
Section 16-402(e)
Annotated Code of Maryland
(1978 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be repealed, amended, or enacted to read as follows: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 - Education
16-402.
(E) EACH COUNTY GOVERNING BODY MAY APPROPRIATE FUNDS
TO MAINTAIN A RESERVE TO PAY THE COSTS OF FUTURE PLANT
REPAIR AND MAINTENANCE FOR A COMMUNITY OR REGIONAL COLLEGE.
(E) (1) EXCEPT IN BALTIMORE CITY AND ANNE ARUNDEL
COUNTY, WHERE THE PROVISIONS OF THE APPROPRIATE CHARTER
GOVERN, EACH COUNTY GOVERNING BODY MAY APPROPRIATE MONEY TO
ESTABLISH A RESERVE FUND FOR FUTURE PLANT MAINTENANCE AND
REPAIR AT A COMMUNITY COLLEGE.
(2) IF A RESERVE FUND FOR FUTURE PLANT
MAINTENANCE AND REPAIR IS ESTABLISHED, IT SHALL BE TREATED
AS AN ADDITIONAL MAJOR FUNCTION FOR THE PURPOSES OF THIS
SECTION.
(3) EXPENDITURES FROM THE RESERVE FUND FOR
MAINTENANCE AND REPAIR MAY NOT BE MADE UNLESS APPROVED IN
THE SAME MANNER AS THE BUDGET OF THE COMMUNITY COLLEGE IS
APPROVED.
(4) FUNDS APPROPRIATED UNDER THIS SUBSECTION MAY
NOT BE CONSIDERED "CURRENT EXPENSES" FOR PURPOSES OF SECTION
16-403(B)(2) OF THIS SUBTITLE.
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