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Session Laws, 1986
Volume 768, Page 3866   View pdf image
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3866                                                      VETOES

2. The chairman of the Committee on
Appropriations of the House of Delegates OR A DESIGNEE OF THE
CHAIRMAN;

3. The chairman of the Committee on
Economic and Environmental Affairs of the Senate of Maryland, OR
A DESIGNEE OF THE CHAIRMAN; and

4. The chairman of the Committee on
Budget and Taxation of the Senate of Maryland. OR A DESIGNEE OF

THE CHAIRMAN.

(b) (1) The term of [the] AN APPOINTED Board member [from
the public] is 3 years.

(2) At the end of a term, [the] AN APPOINTED Board
member [from the public] continues to serve until a successor is
appointed and qualifies.

(3) The AN APPOINTED Board member [from the public]
who is appointed after a term has begun serves only for the rest
of the term and until a successor is appointed and qualifies.

(4) [The] AN APPOINTED Board member [from the public]
may serve successive terms.

(c) Except for [the public] AN APPOINTED member of the
Board, members may serve on the Board for as long as they remain
in the office to which they were appointed or elected.

(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


 

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Session Laws, 1986
Volume 768, Page 3866   View pdf image
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