Ch. 30

LAWS OF MARYLAND

SECRETARY shall deem necessary or to assist in financing the
construction of any building erected by the State of Maryland for
any of its agencies wherein available space will be provided for
the Department of [Employment Security] ECONOMIC AND EMPLOYMENT
DEVELOPMENT under lease or contract between the said Department
and the State of Maryland or such other agency. The [Executive
Director] SECRETARY 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] SECRETARY 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] SECRETARY 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] SECRETARY 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] SECRETARY for
that purpose, equivalent to the fair reasonable rental value of
space used by the [Executive Director] SECRETARY in any building
erected by the State of Maryland or any of its agencies until
such time as the [Executive Director's] SECRETARY'S proportionate
amount of the purchase price of such building and the [Executive
Director's] SECRETARY'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] SECRETARY 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] SECRETARY for any of the purposes enumerated in this
section shall be paid by the [Director] SECRETARY into the
General Fund of the State.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989.

Approved April 11, 1989.

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