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Ch. 337 2005 LAWS OF MARYLAND
(J) FOR THE FISCAL YEAR BEGINNING .JULY 1, 2006 AND EACH FISCAL YEAR
THEREAFTER, THE GOVERNOR SHALL INCLUDE IN THE ANNUAL BUDGET BILL A
SPECIAL FUND APPROPRIATION FROM THE FUND TO THE UNIVERSITY OF
MARYLAND, COLLEGE PARK FOR THE SMALL BUSINESS DEVELOPMENT CENTER
NETWORK GENERAL FUND APPROPRIATION OF AT LEAST $750,000 TO THE FUND.
SECTION 2. AND BE IT FURTHER ENACTED, That it is the intent of the
General Assembly that the Governor provide an additional appropriation of $250,000
for fiscal year 2006 to the University of Maryland, College Park for the Small
Business Development Center Network.
SECTION Or 3. AND BE IT FURTHER ENACTED, That this Act shall take
effect June 1, 2005.
Approved May 10, 2005.
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CHAPTER 337
(House Bill 1292)
AN ACT concerning
Small Business Development Center Network - Funding
FOR the purpose of establishing the Small Business Development Center Network
Fund; specifying that the Fund is a special, nonlapsing fund, that the State
Treasurer shall hold the Fund separately, and that the Comptroller shall
account for the Fund; specifying that the Fund consists of certain revenues and
other moneys accepted for certain purposes; requiring certain investment
earnings to be credited to the General Fund of the State; allowing the Fund to be
used only for certain purposes; requiring the Governor to include in the annual
budget submission an appropriation from bill a certain appropriation to the
Fund; requiring a certain percentage of certain fees to be credited to the Fund
providing for a delayed effective date; providing, that it Is the Intent of the
General Assembly that the Governor provide a certain additional appropriation
for certain purposes for fiscal year 2006; and generally relating to State funding
for the Small Business Development Center Network.
BY adding to
Article—Corporations and Association
Section 1-203(d)
Annotated Code of Maryland
(1999 Replacement Volume and 2004 Supplement)
BY adding to
Article - Education
Section 13-104
Annotated Code of Maryland
- 1668 -
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