PARRIS N. GLENDENING, Governor

Ch. 646

(C)     (1) THE PURPOSE OF THE TRUST FUND IS TO RECEIVE AND HOLD THE
PROCEEDS FROM THE SALE OR LONG-TERM LEASE OF PROPERTY AND EQUIPMENT
THAT RESULTS FROM THE CLOSURE OF A GREAT OAKS CENTER, OPERATED BY THE
A DEVELOPMENTAL DISABILITIES ADMINISTRATION FACILITY OR A MENTAL
HYGIENE ADMINISTRATION FACILITY AND EQUIVALENT PROCEEDS FROM THE
SALE OR LONG-TERM LEASE OF PROPERTY OPERATED BY THE MENTAL HYGIENE
ADMINISTRATION. FACILITY OR A MENTAL HYGIENE ADMINISTRATION FACILITY.

(2) FOR PURPOSES OF THIS SECTION, PROCEEDS ARE THE GROSS
PROCEEDS MINUS THE COSTS ASSOCIATED WITH THE SALE LEASE OR DISPOSITION
OF PROPERTY AND EQUIPMENT. AS DETERMINED BY THE DEPARTMENT OF
GENERAL SERVICES.

(D)     (1) THE TRUST FUND SHALL CONSIST OF TWO ACCOUNTS.

(2) (I) ONE ACCOUNT SHALL HOLD THE PROCEEDS FROM THE SALE
OR LONG-TERM LEASE OF PROPERTY AND EQUIPMENT RESULTING FROM THE SALE
OR LONG-TERM LEASE OF DEVELOPMENTAL DISABILITIES ADMINISTRATION
FACILITIES GREAT OAKS CENTER DEVELOPMENTAL DISABILITIES ADMINISTRATION
FACILITIES AND

(II) ONE ACCOUNT SHALL HOLD THE PROCEEDS FROM THE SALE
OR LONG-TERM LEASE OF PROPERTY AND EQUIPMENT RESULTING FROM THE SALE
OR LONG-TERM LEASE OF MENTAL HYGIENE ADMINISTRATION FACILITIES
PROPERTY OPERATED BY THE MENTAL HYGIENE ADMINISTRATION. MENTAL
HYGIENE ADMINISTRATION FACILITIES.

(E)     (1) THE TRUST FUND SHALL BE USED ONLY AS PROVIDED IN THIS
SUBSECTION.

(2)     THE COMPTROLLER MAY SHALL TRANSFER:

(I) INTO THE WAITING LIST EQUITY FUND ESTABLISHED UNDER §
7-206 OF THE HEALTH - GENERAL ARTICLE THE INVESTMENT EARNINGS THAT
ACCRUE IN THE DEVELOPMENTAL DISABILITIES ADMINISTRATION ACCOUNT OF
THE TRUST FUND; AND

(II) INTO THE MENTAL HYGIENE COMMUNITY-BASED SERVICES
FUND ESTABLISHED UNDER § 10-208 OF THE HEALTH - GENERAL ARTICLE
INVESTMENT EARNINGS THAT ACCRUE IN THE MENTAL HYGIENE ADMINISTRATION
ACCOUNT OF THE TRUST FUND.

(3)     TRANSFERS FROM THE TRUST FUND UNDER PARAGRAPH (2) OF
THIS SUBSECTION MAY BE MADE ONLY IN ACCORDANCE WITH AN APPROPRIATION
APPROVED BY THE GENERAL ASSEMBLY IN THE ANNUAL STATE BUDGET.

(F)     (1) THE STATE TREASURER SHALL HOLD THE TRUST FUND AND THE
COMPTROLLER SHALL ACCOUNT FOR THE TRUST FUND.

(2) THE TRUST FUND SHALL BE INVESTED AND REINVESTED IN THE
SAME MANNER AS OTHER STATE FUNDS AND ANY INVESTMENT EARNINGS OF THE
TRUST FUND SHALL BE PAID INTO THE TRUST FUND.

- 3667 -