3788

LAWS OF MARYLAND

Ch. 726

(A)  The Council is a tax-exempt public body corporate
and politic which operates as a cooperative planning and
development agency within the area to foster the physical,
economic and social development of the area and utilizes
effectively the assistance provided by the State. It
initiates and coordinates plans and projects for the
development of human and economic resources of the southern
Maryland region as a southern Maryland planning and
development agency.

(B)  UPON THE DISSOLUTION OF THE COUNCIL, THE BOARD OF
TRUSTEES COUNCIL, AFTER PAYING OR MAKING PROVISION FOR THE
PAYMENT OF ALL. OF THE LIABILITIES OF THE COUNCIL, SHALL
DISPOSE OF ALL OF THE ASSETS OF THE COUNCIL EXCLUSIVELY FOR.
THE PURPOSES OF THE COUNCIL IN SUCH MANNER, OR TO SUCH
ORGANIZATION OR ORGANIZATIONS ORGANIZED AND OPERATED
EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, RELIGIOUS, OR
SCIENTIFIC PURPOSES AS AT THE TIME SHALL QUALIFY AS AN
EXEMPT ORGANIZATION OR ORGANIZATIONS UNDER § 501(C)(3) OF
THE INTERNAL REVENUE CODE OF 1954 (OR THE CORRESPONDING
PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW),
AS THE BOARD OF TRUSTEES COUNCIL DETERMINES. ANY SUCH
ASSETS NOT SO DISPOSED OF SHALL BE DISPOSED OF BY THE
CIRCUIT COURT FOR THE COUNTY IN WHICH THE PRINCIPAL OFFICE
OF THE COUNCIL IS LOCATED, EXCLUSIVELY FOR SUCH PURPOSES OR
TO SUCH ORGANIZATION OR ORGANIZATIONS, AS THE COURT
DETERMINES, WHICH ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR
SUCH PURPOSES.

2-403.

(a) The Council may receive State financial support to
assist in carrying out its activities.

(1)  On or before August 1 of each year, the
Council shall submit to the Department of [State Planning]
ECONOMIC AND COMMUNITY DEVELOPMENT its proposed work
programs and operating budget for the following fiscal year,
together with supporting schedules to show that the budget
is financed, and to provide for review and recommendations.
It is then forwarded to the Department of Budget and Fiscal
Planning for consideration.

(2)  Provision shall be made in the State budget
for the ensuing fiscal year for an appropriation to
partially support the Council. However, the State's
contribution is subject to annual review by the General
Assembly.

SECTION 2. AND BE IT FURTHER ENACTED, That funds
appropriated to the Department of State Planning for the
Tri-County Council shall be transferred to the Department of
Economic and Community Development by an approved budget
amendment.