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Ch. 301 2006 LAWS OF MARYLAND
Article—State Government
9-2009.
(A) THERE IS A MARYLAND CARBON REDUCTION FUND ADMINISTERED BY
THE ADMINISTRATION.
(B) THE FUND IS A SPECIAL, NONLAPSING FUND THAT IS NOT SUBJECT TO §
7 303 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.
(C) THE TREASURER SHALL HOLD THE FUND SEPARATELY AND THE
COMPTROLLER SHALL ACCOUNT FOR THE FUND.
(D) THE FUND CONSISTS OF:
(1) PROCEEDS FROM THE SALE OF ALLOWANCES UNDER § 2-1002(E)(2)
OF THE ENVIRONMENT ARTICLE;
(2) CRIMINAL FINES AND CIVIL PENALTIES IMPOSED UNDER TITLE 2,
SUBTITLE 10 OF THE ENVIRONMENT ARTICLE;
(3) MONEY APPROPRIATED IN THE STATE BUDGET TO THE FUND; AND
(4) ANY OTHER MONEY FROM ANY OTHER SOURCE ACCEPTED FOR THE
BENEFIT OF THE FUND.
(E) THE FUND MAY BE USED ONLY:
(1) TO IMPLEMENT STANDARDS AND TO PROVIDE INCENTIVES TO
CONSUMERS SO THAT ENERGY EFFICIENT PRODUCTS AND SERVICES THAT ARE NOT
BROADLY AVAILABLE AND USED BY STATE CONSUMERS BECOME STANDARD
PRODUCT OFFERINGS;
(2) TO CAPTURE OPPORTUNITIES OTHERWISE LOST FOR
COST EFFECTIVE ENERGY EFFICIENT DESIGNS, MATERIALS, AND EQUIPMENT
WHEN HOMES AND BUILDINGS ARE BUILT, REMODELED, OR RENOVATED, AND WHEN
EQUIPMENT IS REPLACED;
(3) TO REDUCE PEAK DEMAND FOR ELECTRICITY AND IMPROVE
SERVICE RELIABILITY FOR ALL CUSTOMERS THROUGH ENERGY EFFICIENCY
MEASURES THAT ARE ESPECIALLY EFFECTIVE AT REDUCING PEAK SYSTEM
DEMANDS; AND.
(4) TO ENSURE THAT LOW INCOME CUSTOMERS CAN FULLY
PARTICIPATE IN OPPORTUNITIES TO SAVE ELECTRICITY AND REDUCE THEIR
ELECTRICITY COSTS.
2-1001.
(A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.
(B) (1) "AFFECTED FACILITY' MEANS AN ELECTRICITY GENERATING UNIT
IN THE STATE THAT INCLUDES A COAL FIRED BOILER OR INDIRECT HEAT
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