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ROBERT L. EHRLICH, JR., Governor Ch. 444
(h) For fiscal year [2016] 2018 and each fiscal year thereafter, the Board of
Trustees shall transfer to the General Fund, for the sole purpose of assisting in the
payment of the State's postretirement health insurance subsidy, the lesser of:
(1) one-quarter of the prior year's investment gains of the
Postretirement Health Benefits Trust Fund; or
(2) the amount necessary to pay the annual health insurance premiums
and other costs that constitute the State's postretirement health insurance subsidy
specified in § 2-508 of this article.
(i) If for any reason the State discontinues the postretirement health
insurance subsidy specified in § 2-508 of this article or a successor subsidy, the assets
of the Postretirement Health Benefits Trust Fund shall be transferred to the General
Fund.
(j) On or before October 1, [2007] 2009, and on or before October 1 thereafter,
the Board of Trustees shall publish an annual consolidated report that includes:
(1) the fiscal transactions of the Postretirement Health Benefits Trust
Fund for the preceding fiscal year: and
(2) the amount of the accumulated cash, securities, and other assets of
the Postretirement Health Benefits Trust Fund.
Article - Tax - Property
13-209.
(a) The revenue from transfer tax is payable to the Comptroller for deposit in
a special fund.
(b) For the fiscal year beginning July 1. 2002 and for subsequent fiscal years,
up to 3% of the revenues in the special fund may be appropriated in the State budget
for salaries and related expenses in the Departments of General Services and Natural
Resources and in the Department of Planning necessary to administer Title 5,
Subtitle 9 of the Natural Resources Article (Program Open Space).
(c) (1) Subject to subsection (e) of this section, of the balance of the revenue
in the special fund, not required under subsection (b) of this section:
(i) for the fiscal year beginning July 1, 2002, $47,268,585 shall be
allocated to the General Fund of the State and the remainder shall be allocated as
provided in subsection (d) of this section;
(ii) for the fiscal year beginning July 1, 2003, $102,833,869 shall be
allocated to the General Fund of the State and the remainder shall be allocated as
provided in the State budget; [and]
(iii) for the fiscal year beginning July 1, 2004, $147,374,444 shall be
allocated to the General Fund of the State, and the remainder shall be allocated as
provided in the State budget; AND
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