HARRY HUGHES, Governor

3001

(d)  The Comptroller is the chairman of the Board of
Trustees.

(e)  A majority of the voting members of the Board of
Trustees shall constitute a quorum for the purpose of transacting
the business of the Board of Trustees.

(f)  The Board of Trustees shall:

(1)  Pursuant to the guidelines set forth in § 13-106
of this subtitle, develop plans, prepare and submit proposals for
fund use, and undertake such action as is necessary and required
by law to obtain for the Trust Fund all energy overcharge refunds
and judgment awards to which the citizens of the State have a
legal entitlement;

(2)  Assess and determine the respective needs of the
citizens of the State, develop plans for the allocation and
disbursement of trust funds in accordance with those needs
pursuant to the guidelines set forth in §§ 13-103(b) and 13-106
of this subtitle, and direct the Treasurer, upon warrant of the
Comptroller, to disburse funds accordingly;

(3)  Make an annual report to the Governor, the
Treasurer and, in accordance with § 2-1312(b) of the State
Government Article, to the General Assembly , AND THE STANDING
COMMITTEES OF THE GENERAL ASSEMBLY WITH PRIMARY JURISDICTION OVER
THIS SUBTITLE regarding the disbursement of funds during the
preceding fiscal year, plans for disbursement during the current
fiscal year, and any plans for future disbursement;

(4)  Meet at least twice a year, at the times and
places the Board determines, subject to the provisions of Article
41, § 14 of the Code;

(5)  Conduct public hearings at least twice a year at
times and places the Board determines;

(6)  Designate persons to staff the Board employed by
the departments represented on the Board; and

(7)  Perform other duties assigned to it by this
subtitle.

(g)  The Attorney General or a designee of the Attorney
General serves as legal counsel and advisor to the Board of
Trustees.

13-106.

(a) Funds in the Trust Fund shall be expended EQUITABLY
AROUND THE STATE according to the following guidelines, subject
to any restrictions on their use or other limitations on
allocation expressly provided by statute or required as a
condition of acceptance: