PARRIS N. GLENDENING, Governor                                 Ch. 131

(3)      The Treasurer shall separately hold, and the Comptroller shall account for,
the Fund.

(4)      The Fund shall be invested and reinvested in the same manner as other State

funds.

(5)     Any investment earnings shall be retained to the credit of the Fund.

(6)     Expenditures under this section shall only be made pursuant to an
appropriation approved by the General Assembly in the annual Stale budget prior to the
expenditure or obligation of funds.

(7)      The Fund shall be subject to an audit by the Division of Audits as provided
for in § 2-1215 of the State Government Article.

(8)      The purpose of the fund is to provide an additional source of funding for the
training needs of law enforcement and correctional officers of the State and of local
jurisdictions.

(c)      (1) [After the retirement of all revenue bonds issued for the Law Enforcement
Driver Training Facility, the] THE Department of Public Safety and Correctional Services
shall include in its annual operating and capital budget requests an itemized list of requests for
the use of any available money from the Fund.

(2) The Department's list shall include a brief description of each project, an
estimate of its cost, and the benefits to be derived.

(d)      (1) [Until the retirement of all revenue bonds issued in connection with the Law
Enforcement Driver Training Facility, the Fund may be used only to pay the interest and
principal of such bonds, the fiscal agency charges for paying the principal and interest and any
premium on the bonds.

(2)] Disbursements from the fund shall supplement and may not be a substitute
for any funds designated in the State budget for assistance to State and local jurisdictions for
law enforcement and correctional training purposes.

[(3)](2) Moneys from the fund may not be used to supplant the budget of the
Police and Correctional Training Commissions.

(e)      This section may not be construed to prohibit the Fund from receiving funds from
any other source.

SECTION 3. AND BE IT FURTHER ENACTED, that it is the intent of the General
Assembly that the budget committees examine the state's efforts in promoting high technology
industry in Maryland. During the 1995 session, funds were requested for the Technology
Enterprise Center at the UMBC Research Park and the Maryland Technology Center in
Montgomery County. However, the budget committees could not ascertain how these projects
fit in with the overall efforts of the state to promote high technology in Maryland. In denying
the funding for these projects, the committees do not intend to change the priority of these
projects within the technology center category.

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