3128

LAWS OF MARYLAND

Ch. 501

CHAPTER 501

(Senate Bill 206)

AN ACT concerning

Budget and Fiscal Planning - Capital Appropriations

FOR the purpose of authorizing unexpended balances of
certain appropriations for capital expenditures to be
carried from year to year and expended under certain
conditions; and providing for the disposition of
certain unexpended balances under certain conditions..

BY adding to

Article 15A - Budget and Fiscal Planning

Section 3

Annotated Code of Maryland

(1981 Replacement Volume and 1981 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
read(s) as follows:

Article 15A - Budget and Fiscal Planning

3.

ANY UNEXPENDED BALANCE OF AN APPROPRIATION FOR A
PROJECT FOR THE ACQUISITION OF LAND, BUILDINGS, EQUIPMENT,
NEW CONSTRUCTION OR OTHER CAPITAL EXPENDITURE, WHETHER MADE
THROUGH A BUDGET BILL OR A SUPPLEMENTARY APPROPRIATION BILL
OTHER THAN A GENERAL OBLIGATION LOAN ENABLING ACT, MAY NOT
REVERT TO THE GENERAL TREASURY BUT MAY ONLY BE EXPENDED FOR
CAPITAL PURPOSES IN A FISCAL YEAR BEGINNING AFTER THE FISCAL
YEAR FOR WHICH THE APPROPRIATION FOR THE PROJECT WAS MADE.
WITH THE APPROVAL OF THE BOARD OF PUBLIC WORKS, THE
APPROPRIATION SHALL BE CARRIED IN A CAPITAL ACCOUNT UNTIL
EXPENDED EXCEPT THAT:

(1)  UNLESS OTHERWISE PROVIDED IN THE
APPROPRIATION ACT, THE AUTHORIZATION FOR THE PROJECT SHALL
BE TERMINATED AUTOMATICALLY IF THE PROJECT HAS NOT BEEN
CONTRACTED FOR OR ALLOCATION MADE BY THE BOARD OF PUBLIC
WORKS WITHIN 2 YEARS FROM THE EFFECTIVE DATE OF THE
AUTHORIZATION ACT; AND OR

(2)  1 YEAR AFTER THE ACCEPTANCE, COMPLETION OR
ABANDONMENT OF THE PROJECT, THE UNEXPENDED BALANCE OF THE
APPROPRIATION FOR THE PROJECT SHALL BE CANCELLED.