|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
VETOES
|
|
|
|
|
S.B. 902
|
|
|
|
|
|
|
|
|
|
(6) THESE INVESTMENTS WILL ALSO ENABLE LOCAL AND REGIONAL
PUBLIC AND NONPROFIT ORGANIZATIONS TO LEVERAGE ADDITIONAL NONSTATE
FINANCIAL AND HUMAN RESOURCES TO FACILITATE THE REALIZATION OF
SUSTAINABLE RURAL DEVELOPMENT OBJECTIVES WHILE THE PROGRAM IS IN
EFFECT; AND
(7) THE FUND WILL SERVE THE INTERESTS OF THE ENTIRE STATE BY:
(I) ENCOURAGING THE INCREASE OF ENTREPRENEURIAL
ACTIVITY AND COMMERCE AND A BALANCED ECONOMY IN THE STATE;
(ID RELIEVING CONDITIONS OF UNEMPLOYMENT AND
UNDEREMPLOYMENT IN RURAL AREAS;
(III) ASSISTING IN THE RETENTION OF VALUABLE FARM AND
FOREST LAND FOR PRODUCTIVE USE BY PRESENT AND FUTURE GENERATIONS;
(IV) PROMOTING INTERGOVERNMENTAL COOPERATION AND
PUBLIC SECTOR/PRIVATE SECTOR PARTNERSHIPS IN AND BETWEEN RURAL AND
OTHER AREAS;
(V) ENHANCING THE DEPLOYMENT OF HOUSING,
TRANSPORTATION, WATER WASTEWATER, AND BROADBAND COMMUNICATIONS
INFRASTRUCTURE AND SERVICES IN RURAL AREAS;
(VI) SUPPORTING RURAL COMMERCIAL CENTER REDEVELOPMENT
AND COMMUNITY REVITALIZATION EFFORTS; AND
(VII) GENERALLY PROMOTING THE HEALTH. HAPPINESS, SAFETY,
EMPLOYMENT OPPORTUNITY, AND GENERAL WELFARE OF THE RESIDENTS OF EACH
OF THE RURAL COUNTIES AND MUNICIPAL CORPORATIONS OF THE STATE.
(C) (1) THERE IS A RURAL MARYLAND PROSPERITY INVESTMENT FUND.
(2) THE FUND IS ADMINISTERED BY THE RURAL MARYLAND COUNCIL
WITH THE ASSISTANCE OF THE BOARD.
(3) THE PURPOSE OF THE FUND IS TO PROVIDE FUNDING TO RURAL
REGIONAL AND STATEWIDE PLANNING AND DEVELOPMENT ORGANIZATIONS,
INSTITUTIONS OF HIGHER EDUCATION SERVING RURAL COMMUNITIES, RURAL
COMMUNITY DEVELOPMENT ORGANIZATIONS, AND LOCAL GOVERNMENTS ACTING
IN PARTNERSHIP WITH ONE ANOTHER TO PROMOTE THE QUALITY OF LIFE IN RURAL
AREAS.
(D) EACH YEAR, BEGINNING IN FISCAL YEAR 2008 AND CONTINUING
THROUGH FISCAL YEAR 2020, THE GOVERNOR MAY INCLUDE AN APPROPRIATION IN
THE BUDGET BILL FOR THE FUND.
(E) (1) THE FUND IS A SPECIAL, NONLAPSING FUND THAT IS NOT SUBJECT
TO REVERSION UNDER § 7-302 OF THIS ARTICLE.
(2) THE TREASURER SHALL SEPARATELY HOLD AND THE COMPTROLLER
SHALL ACCOUNT FOR THE FUND.
- 3416 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
