3616

LAWS OF MARYLAND

Ch. 641

CHAPTER 641

(House Bill 665)

AN ACT concerning

Capital Grant Fund for Historic Preservation

FOR the purpose of creating a Capital Grant Fund for
Historic Preservation under the Maryland Historical
Trust; and relating generally to the composition and
use of this Fund and to the duties of the Maryland
Historical Trust with respect to the Fund.

BY adding to

Article 41 - Governor - Executive and Administrative

Departments
Section 181-I-2
Annotated Code of Maryland
(1978 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 41 - Governor - Executive and Administrative

Departments

181-I-2.

(A) THERE IS A CAPITAL GRANT FUND FOR HISTORIC
PRESERVATION. THE MARYLAND HISTORICAL TRUST SHALL ADMINISTER
THE CAPITAL GRANT FUND. THE COMPTROLLER OF THE TREASURY
SHALL DEPOSIT IN THE CAPITAL GRANT FUND THOSE FUNDS
AUTHORIZED BY STATUTE OR BUDGET ALLOCATION TO IMPLEMENT AND
ENCOURAGE RESTORATION AND PRESERVATION OF HISTORIC AND
CULTURAL PROPERTIES AND TO IMPLEMENT THE PURPOSES SET FORTH
IN THE OTHER PROVISIONS OF THIS SUBTITLE. THE MARYLAND
HISTORICAL TRUST MAY EXPEND THE AMOUNTS IN THE CAPITAL GRANT
FUND, WITH THE APPROVAL OF THE BOARD OF PUBLIC WORKS, FOR
THE FOLLOWING PURPOSES:

(1)  ACQUISITION OF PROPERTY OR PARTIAL INTERESTS
IN PROPERTY BY THE TRUST FOR USE FOR ITS OWN AUTHORIZED
PURPOSES OR RESALE SUBJECT TO APPROPRIATE PRESERVATION
EASEMENTS;

(2)  PLANNING; PRESERVATION, RESTORATION,
REHABILITATION, OR RECONSTRUCTION OF PROPERTIES OWNED BY THE
TRUST, FOR USE FOR ITS OWN AUTHORIZED PURPOSES OR POSSIBLE
RESALE SUBJECT TO APPROPRIATE PRESERVATION EASEMENTS; AND