2560

LAWS OF MARYLAND

Ch. 266

accrue to the Fund. The Department shall credit against the
amount required to be paid into the Environmental Trust Fund
by each electric company an amount equal to 1 1/2% of the
total surcharge attributed to each company on the basis of
the electricity generated within Maryland.

(c)  The Secretary shall administer the Fund. The Fund
is subject to the provisions for financial management and
budgeting established by the Department of Budget and Fiscal
Planning. The moneys in the Fund shall be used to carry out
the provisions of this subtitle as provided for in the
budget, except that 10 percent of all moneys accruing to the
Fund after July 1, 1978, shall be used to supplement funds
necessary to carry out the duties of the People's Counsel of
the Public Service Commission. The People's Counsel shall
submit an annual budget of necessary supplemental funds to
the Department to be incorporated in the Department's
budget. For the purposes of this subtitle, the Secretary may
execute appropriate contracts with any State or federal
agency, research organization, industry, or academic
institution to conduct the necessary research, construct or
acquire, or both, real property including physical
predictive models, laboratories, buildings, land, and
appurtenances, or support the technological development of
extraordinary systems related to power plants designed to
minimize environmental impact. He may utilize available
expertise in any other State unit in the development,
execution, and management of contracts and agreements on
projects relating to their areas of prime responsibility.

(d)  The Legislative Auditor shall conduct post audits
of a fiscal and compliance nature of the Fund and of the
appropriations and expenditures made for the purposes of
this subtitle. The cost of the fiscal portion of the post
audit examinations shall be an operating cost of the Fund.

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

Approved May 20, 1982.

CHAPTER 267

(Senate Bill 355)

AN ACT concerning

Licenses - Vaudeville Shows and Carnivals - Fees

FOR the purpose of repealing a provision of law concerning
the license fees for vaudeville shows, patent medicine
performances, and carnivals.