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Session Laws, 2005
Volume 752, Page 4262   View pdf image
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VETOES
H.B. 849
(ii) documentation of the volunteer company's actual expenditures
FROM THE GRANT OR LOAN; (4)      FOR EACH LOAN MADE, THE TERMS OF THE LOAN, INCLUDING
ORIGINATION DATE, LOAN TERM, PAYMENT TERMS, PAYMENT AMOUNT, PAYMENTS
MADE TO DATE, OUTSTANDING BALANCE, AND LOAN STATUS; AND (5)      SUMMARY LISTINGS OF GRANTS AND LOANS MADE DURING THE
PREVIOUS FISCAL YEAR AND OUTSTANDING LOANS, BY COUNTY. (b) The Department shall: (1)     review [each financial statement and] the documentation submitted
in accordance with subsection (a) of this section ON AN ANNUAL BASIS to determine if
[the money] EACH GRANT OR LOAN was spent in accordance with THIS SUBTITLE
AND the request [for money] approved by the Board of Public Works; and (2)     report the findings to the Senate Budget and Taxation Committee
and the House Appropriations Committee ON AN ANNUAL BASIS. (C)     THE LEGISLATIVE AUDITOR MAY: (1)      REVIEW THE DOCUMENTATION SUBMITTED IN ACCORDANCE WITH
SUBSECTION (A) OF THIS SECTION TO DETERMINE IF EACH GRANT OR LOAN WAS
SPENT IN ACCORDANCE WITH THIS SUBTITLE AND THE REQUESTS APPROVED BY
THE BOARD OF PUBLIC WORKS; AND (2)      REPORT THE FINDINGS TO THE DEPARTMENT AND, SUBJECT TO §
2-1246 OF THE STATE GOVERNMENT ARTICLE, TO THE JOINT AUDIT COMMITTEE OF
THE GENERAL ASSEMBLY. (D)     THE COMPTROLLER MAY AUDIT THE FINANCIAL AFFAIRS OF THE
ASSOCIATION TO ENSURE COMPLIANCE WITH THIS SUBTITLE. SECTION 2. AND BE IT FURTHER ENACTED, That it is the intent of the
General Assembly that appropriations to the Volunteer Company Assistance Fund
established under § 8-202 of the Public Safety Article shall cease after Fiscal Year
2021 or after the State has contributed $20,000,000 to the Fund, whichever occurs
first. SECTION 3. AND BE IT FURTHER ENACTED, That it is the intent of the
General Assembly that the Governor shall include in the State budget each year an
appropriation for grants and loans from the Volunteer Company Assistance Fund
established under § 8-202 of the Public Safety Article. SECTION 4. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2005.
May 26, 2005 The Honorable Michael E. Busch
Speaker of the House - 4262 -


 
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Session Laws, 2005
Volume 752, Page 4262   View pdf image
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