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Session Laws, 1986
Volume 768, Page 3002   View pdf image
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3002

LAWS OF MARYLAND

Ch. 782

(1)  In the case of refunds received by the State from
any source, including as a direct or indirect result of alleged
petroleum pricing violations:

(i) For emergency energy assistance provided
under Article 41, § 495(1) of the Code;

(ii) For weatherization programs provided under
Article 41, § 495(2) of the Code;

(iii) For energy assistance programs provided
under Article 41, § 495(3) of the Code;

(iv) For energy assistance and weatherization
programs provided under Article 41, § 205G of the Code;

(v) For energy extension service programs
provided under 42 U.S.C. §§ 8621-8629;

(vi) For other energy assistance or
weatherization programs meeting the restitutive objectives
governing the distribution of overcharge refunds to the states;
and

(vii) For any other program within the
definition of "energy conservation programs" as provided by Pub.
L. No. 97-377, 96 Stat. 1830, § 155 (1982).

(2)  (i) In the case of refunds received by the State
from any source as a direct or indirect result of alleged
petroleum pricing violations that are clearly related to
overcharges for petroleum products for transportation and require
alternative disbursement plans to those outlined in subsection
(a)(1) of this section, the Board shall develop alternative
disbursement plans for the restitutive use of the refunds.

(ii) In the expenditure of
transportation-related oil overcharge refunds under subsection
(a)(2)(i) of this section, the Board shall fund to the extent
practicable restitutive transportation-related programs otherwise
provided by State law.

(b)(1) IN ANY FISCAL YEAR, UP TO 50 PERCENT OF THE
PRINCIPAL OF THE TRUST FUND MAY BE EXPENDED FOR USE IN THE
PROGRAMS SET OUT IN SUBSECTION (A) OF THIS SECTION.

(2) IN ADDITION TO THE PROVISIONS OF PARAGRAPH (1) OF
THIS SUBSECTION, THE [The] principal of the Trust Fund may be
expended if:

[(1)](I) The principal of the Trust Fund does not

exceed [$500,000] $1,000,000;

 

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Session Laws, 1986
Volume 768, Page 3002   View pdf image
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