WILLIAM DONALD SCHAEFER, Governor                   Ch. 304

(II) THE LESSER OF 5% OF THE TOTAL PROJECT COST
OR $1,000,000, IF THE TOTAL PROJECT COST IS MORE THAN $500,000;

(2)  ALL REASONABLE ATTEMPTS TO REDUCE THE COST OF THE
PROJECT HAVE BEEN MADE;

(3)  NO PRACTICABLE ALTERNATIVE EXISTS FOR SECURING
FUNDING TO COMPLETE THE REPORT; AND

(4)  THE REQUESTED ADDITIONAL FUNDING DOES NOT
INCREASE THE SCOPE OF THE PROJECT.

(G) EACH TIME AN EXPENDITURE FROM THE FUND IS AUTHORIZED BY
THE BOARD OF PUBLIC WORKS:

(1)  THE AMOUNT SPECIFIED BY THE BOARD OF PUBLIC WORKS
MAY BE TRANSFERRED FROM THE ACCOUNT TO THE APPROPRIATE ANNUITY
BOND ACCOUNT TO SUPPLEMENT THE SPECIFIED AUTHORIZATION; AND

(2)  A REPORT ON THE USE OF THE MONEYS SHALL BE
SUBMITTED TO THE LEGISLATIVE POLICY COMMITTEE OF THE GENERAL
ASSEMBLY.

(H) BY JANUARY 1 OF EACH YEAR, THE SECRETARIES OF STATE
PLANNING AND GENERAL SERVICES SHALL SUBMIT A REPORT TO THE
GENERAL ASSEMBLY ON THE MONEYS:

(1)  APPROPRIATED TO THE FUND;

(2)  AUTHORIZED FOR EXPENDITURE FROM THE FUND; AND

(3)  EXPENDED FROM THE FUND.

(F) (I) MONEY IN THE FUND SHALL BE DEPOSITED WITH THE STATE
TREASURER.

8-129.

(a)  With the approval of the Board, the Governor shall
dispose of unspent proceeds of an enabling act within 1 year
after the later of abandonment, completion, or acceptance of a
project or program for which an enabling act authorized State
debt.

(b)  The Governor shall:

(1)  use the proceeds to reduce State debt
authorizations, as provided in § 8-126(b) through (d) of this
subtitle; or

(2)  ALLOCATE THE PROCEEDS TO THE GENERAL CONSTRUCTION
PROJECT CONTINGENCY FUND, AS PROVIDED IN § 5-708 OF THIS ARTICLE;
OR

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