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Session Laws, 1986
Volume 768, Page 1524   View pdf image
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1524                                        LAWS OF MARYLAND                                    Ch. 399

of Maryland for any of its agencies wherein available space will
be provided for the Department of Employment Security under lease
or contract between the said Department and the State of Maryland
or such other agency. The Executive Director is also authorized
and empowered to use moneys in this fund for the payment of
architects' fees, deposits or for any other approved purpose
necessary to permit the acquisition of land and/or buildings as
set forth above. The Executive Director may transfer from the
Unemployment Insurance Administration Fund to the Special
Administrative Expense Fund amounts, not exceeding federal funds
specifically available to the Executive Director for that
purpose, equivalent to the fair reasonable rental value of any
land and/or buildings acquired for its use and until such time as
the full amount of the purchase price of such land and buildings
and such cost of repair and maintenance thereof as expended from
the Special Administrative Expense Fund has been returned to such
fund.

The Executive Director may also transfer from the
Unemployment Insurance Administration Fund to the Special
Administrative Expense Fund amounts not exceeding federal funds
specifically available to the Executive Director for that
purpose, equivalent to the fair reasonable rental value of space
used by the Executive Director in any building erected by the
State of Maryland or any of its agencies until such time as the
Executive Director's proportionate amount of the purchase price
of such building and the Executive Director's proportionate
amount of such costs of repair and maintenance thereof as was
expended from the Special Administrative Expense Fund has been
returned to such fund.

The moneys in this fund shall be continuously available to
the Executive Director for expenditure in accordance with the
provisions of this section and shall not lapse at any time or be
transferred to any other fund except as herein provided. On July
1 of every year, all moneys in this fund in excess of $250,000

which are not allocated by the Executive Director for any of the
purposes enumerated in this section shall be paid by the Director
into the general fund of the State.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall

take effect July 1, 1986.
Approved May 13, 1986.

 

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Session Laws, 1986
Volume 768, Page 1524   View pdf image
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