|
|
|
|
|
|
|
|
|
|
|
|
|
ROBERT L. EHRLICH, JR., Governor S.B. 902
(3) THE TREASURER MAY INVEST MONEY IN THE FUND IN THE SAME
MANNER AS OTHER STATE MONEY MAY BE INVESTED.
(F) DISBURSEMENTS OF MONEY APPROPRIATED TO THE FUND SHALL BE
ALLOCATED EQUALLY AMONG THE FOLLOWING CATEGORIES:
(1) RURAL REGIONAL PLANNING AND DEVELOPMENT ASSISTANCE, BY
TARGETING SUPPORT TO THE:
(I) REGIONAL COUNCILS SERVING RURAL AREAS; AND
(II) MULTICOUNTY EFFORTS SERVING RURAL COMMUNITIES IN
AREAS NOT SERVED BY THE REGIONAL COUNCILS;
(2) REGIONAL INFRASTRUCTURE PROJECTS THAT DIRECTLY INVOLVE
TWO OR MORE UNITS OF LOCAL GOVERNMENT, NOT TO EXCEED ONE-FOURTH OF
THE TOTAL COST OF ANY PARTICULAR PROJECT;
(3) RURAL ENTREPRENEURSHIP DEVELOPMENT, INCLUDING
PROGRAMS AND ACTIVITIES SERVING RURAL COMMUNITIES UNDERTAKEN BY
NONPROFIT ORGANIZATIONS AND INSTITUTIONS OF HIGHER EDUCATION; AND
(4) RURAL COMMUNITY DEVELOPMENT, PROGRAMMATIC ASSISTANCE,
AND EDUCATION, WITH MONEY TO BE DIVIDED EQUALLY BETWEEN THE COUNCIL
AND THE MARYLAND AGRICULTURAL EDUCATION AND RURAL DEVELOPMENT
ASSISTANCE FUND.
(G) (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION, THE BOARD
SHALL AWARD GRANTS FROM THE FUND ON A COMPETITIVE BASIS IN ACCORDANCE
WITH THE PROCEDURES IN § 2-206(E) OF THIS SUBTITLE.
(2) ANY MONEY RECEIVED BY THE COUNCIL UNDER SUBSECTION (F) OF
THIS SECTION SHALL BE USED TO HELP ADMINISTER THE FUND AND PERFORM
OTHER FUNCTIONS THAT BENEFIT RURAL AREAS AS THE COUNCIL DETERMINES.
(3) A GRANT RECIPIENT SHALL SUBMIT TO THE COUNCIL WRITTEN
DOCUMENTATION OF HOW THE GRANT RECIPIENT SPENT OR OTHERWISE USED THE
GRANT.
(H) THE BOARD MAY REALLOCATE MONEY FROM ONE CATEGORY LISTED IN
SUBSECTION (F) OF THIS SECTION TO ANOTHER CATEGORY ONLY IF THERE IS A LACK
OF SUFFICIENT APPLICATIONS REQUESTING USE OF MONEY IN A PARTICULAR
CATEGORY.
(I) (1) ON OR BEFORE OCTOBER 1 OF EACH YEAR, THE COUNCIL SHALL
SUBMIT A REPORT TO THE GOVERNOR AND, IN ACCORDANCE WITH § 2-1246 OF THE
STATE GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY.
(2) THE REPORT SHALL SUMMARIZE THE ACTIVITIES OF THE FUND
DURING THE PRECEDING FISCAL YEAR, INCLUDING:
(I) THE NUMBER OF GRANTS MADE DURING THE FISCAL YEAR;
- 3417 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
