Ch. 120                                    1995 LAWS OF MARYLAND

(11)   Review existing and proposed taxes, fees, licenses, regulations, and
regulatory procedures affecting tourism and tourism businesses in the State and evaluate
their impact on the ability of the tourism industry to create employment and generate
income;

(12)   Support the conducting of research necessary to evaluate, plan, and
execute effective tourism programs;

(13)   Cooperate with other public and private agencies and organizations in
the development and promotion of the State's tourism and travel industries;

(14)   Encourage, assist, and coordinate the tourism activities of local and
regional promotional organizations;

(15)   Publish and submit to the COMMISSION AND THE Secretary an
annual report and other material that the Board considers appropriate;

(16)   Set policies regarding the expenditures of appropriated and other funds
for tourism advertising, written and graphic materials, cooperative and matching
promotional programs, and other tourism and travel developmental and promotional
activities for the State; and

(17)   Spend funds of the Maryland Tourism Development Board Fund for the
planning, advertising, promotion, assistance, and development of tourism and travel
industries in this State.

[4-1A-08.] 4-208.

(a)     There is a Maryland Tourism Development Board Fund.

(b)     The Fund is established to provide a continuing fund for the Board to fund
programs relating to the planning, advertising, promotion, assistance, and development of
the tourism industry in the State.

(c)     The Fund is a special, continuous, nonlapsing fund that is not subject to §
7-302 of the State Finance and Procurement Article.

(d)     The Treasurer shall invest and reinvest the Fund in the same manner as other
State funds and credit any investment earnings to the General Fund.

(e)     The Fund consists of:

(1)     Moneys appropriated in the State budget to the Fund; and

(2)     All funds accepted by the Board in accordance with [§ 4-1A-06] §
4-206 of this subtitle.

(f)      Expenditures from the Fund may be made only by the Board in accordance
with an appropriation.

(g)     (1) In this subsection, "Governor's proposed general fund appropriation"
means the General Fund appropriation included by the Governor in the annual budget
bill as submitted to the General Assembly, including any proposed supplemental budget,
before any amendment by the General Assembly.

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