PARRIS N. GLENDENING, Governor
Ch. 583
(I) IS SUBJECT TO THE RULES AND PROCEDURES OF THE
PERSONNEL SYSTEM ESTABLISHED UNDER § 14-408 OF THE EDUCATION ARTICLE;
AND
(II) IS ENTITLED TO PARTICIPATE IN THE HEALTH BENEFIT PLANS,
INCLUDING MEDICAL, PRESCRIPTION, DENTAL, MENTAL HEALTH, SUBSTANCE
ABUSE. AND VISION PLANS. TERM LIFE AND PERSONAL ACCIDENT AND
DISMEMBERMENT INSURANCE PLANS. FLEXIBLE SPENDING ACCOUNTS. AND ANY
OTHER BENEFITS ESTABLISHED UNDER § 14-408 OF THE EDUCATION ARTICLE.
(2) (I) AN EMPLOYEE OF THE COMMISSION IS ENTITLED TO
PARTICIPATE IN THE EMPLOYEE PENSION PLANS AUTHORIZED BY AND IN
ACCORDANCE WITH § 14-408(C) OF THE EDUCATION ARTICLE.
(II) THE COMMISSION'S OBLIGATION FOR RETIREMENT COSTS FOR
COMMISSION EMPLOYEES SHALL BE COMPUTED, CHARGED, AND PAID IN
ACCORDANCE WITH § 21-308(B)(1) AND (C)(1) OF THE STATE PERSONNEL AND
PENSIONS ARTICLE.
24-511.
(A) (1) THERE IS A HISTORIC ST. MARYS CITY FUND.
(2) THE STATE TREASURER SHALL HOLD THE HISTORIC ST. MARY'S
CITY FUND. THE FUNDS IN THE ACCOUNT SHALL BE INVESTED AND REINVESTED BY
THE TREASURER IN ACCORDANCE WITH THE WRITTEN INVESTMENT POLICIES OF
THE COMMISSION. ANY INVESTMENT EARNINGS ON THE FUNDS IN THE ACCOUNT
SHALL BE PAID INTO THE FUND.
(3) ANY UNEXPENDED FUNDS HELD BY THE STATE TREASURER SHALL
NOT REVERT TO THE GENERAL FUND OF THE STATE AT THE END OF ANY FISCAL
YEAR.
(4) ANY AND ALL FUNDS OF HISTORIC ST. MARY'S CITY, ONCE
DEPOSITED IN THE HISTORIC ST. MARY'S CITY FUND FROM WHATEVER SOURCE,
ARE NOT MONEYS OF THE STATE SUBJECT TO APPROPRIATION.
(B) (1) THE GOVERNOR SHALL INCLUDE IN THE ANNUAL BUDGET
SUBMISSION TO THE LEGISLATURE A GENERAL FUND GRANT FOR THE BASIC
OPERATIONS OF THE HISTORIC ST. MARY'S CITY COMMISSION.
(2) THE GENERAL FUND OPERATING GRANT SHALL BE DEPOSITED IN
THE HISTORIC ST. MARY'S CITY FUND FOR THE BENEFIT OF HISTORIC ST. MARY'S
CITY.
(3) THE STATE SHALL PAY THE GENERAL FUND GRANT UNDER THIS
SUBSECTION ON A QUARTERLY BASIS.
(4) NOTWITHSTANDING THE OTHER PROVISIONS OF THIS SUBSECTION,
THIS SUBSECTION MAY NOT BE CONSTRUED TO RESTRICT THE BUDGETARY POWER
OF THE GENERAL ASSEMBLY.
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