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Session Laws, 1997
Volume 795, Page 3210   View pdf image
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Ch. 583

1997 LAWS OF MARYLAND

(C) (1) THE COMMISSION SHALL SUPPORT ALL OPERATING COSTS OF
HISTORIC ST. MARY'S CITY, INCLUDING PERSONNEL AND RETIREMENT COSTS FROM
THE GENERAL FUND GRANT TO THE COMMIS
SION AND ANY OTHER REVENUE,
FROM OTHER SOURCES, PUBLIC AND PRIVATE, COMING TO THE HISTORIC ST.
MARYS CITY COMMISSION.

(3)      ALL UNEXPENDED OR UNENCUMBERED BALANCES OF THE FUND:

(I) SHALL BE REPORTED TO THE COMPTROLLER AT THE END OF
THE FISCAL YEAR FOR WHICH THE APPROPRIATION WAS MADE;

(II) DO NOT REVERT TO THE GENERAL FUND OR ANY OTHER
SPECIAL FUND OF THE STATE; AND

(III) SHALL BE AVAILABLE FOR EXPENDITURE THROUGH AN
APPROPRIATION CONTAINED IN A BUDGET BILL OR THROUGH AN APPROVED
BUDGET AMENDMENT.

(4)      THE COMMISSION SHALL USE THE FUND AS A CONTINUING.
NONLAPSING, REVOLVING FUND FOR CARRYING OUT THE PURPOSES OF THIS
SUBTITLE

(B) THE FUND CONSISTS OF:

(1) ANY GENERAL FUNDS APPROPRIATED TO THE COMMISSION;

(2) ANY FEES COLLECTED BY THE COMMISSION; AND

(3) EXCEPT AS PROVIDED IN SUBSECTION (C)(3) OF THIS SECTION, ANY
ADDITIONAL MONEYS RECEIVED OR PAID TO THE COMMISSION FROM ANY OTHER
SOURCE AUTHORIZED BY LAW.

(C) (1) THE COMMISSION SHALL PAY ALL EXPENSES AND MAKE ALL
EXPENDITURES FROM THE FUND.

(2) EXCEPT AS PROVIDED IN PARAGRAPH (3) OF THIS SUBSECTION,
EXPENDITURES FROM THE FUND SHALL BE MADE PURSUANT TO AN
APPROPRIATION APPROVED BY THE GENERAL ASSEMBLY IN THE ANNUAL STATE
BUDGET OR BY THE BUDGET AMENDMENT PROCEDURE PROVIDED FOR IN § 7-209
OF THE STATE FINANCE AND PROCUREMENT ARTICLE.

(3) (I) THE COMMISSION MAY ACCEPT AND SPEND ANY GIFT,
BEQUEST, DONATION, ENDOWMENT, OR LEGACY FROM ANY PERSON IN
ACCORDANCE WITH THE TERMS OR CONDITIONS OF THE GIFT, BEQUEST,
DONATION, ENDOWMENT, OR LEGACY.

(II) ALL FUNDS RECEIVED FROM ANY GIFT, BEQUEST, DONATION,
ENDOWMENT, OR LEGACY SHALL BE HELD BY THE STATE TREASURER IN A
NONBUDGETED ACCOUNT AND MAY BE INVESTED AS THE COMMI
SSION DIRECTS IN
ACCORDANCE WITH LAW.

(III) ALL RECEIPTS OF AND EXPENDITURES FROM THE
NONBUDGETED ACCOUNT
:

- 3210 -

 

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Session Laws, 1997
Volume 795, Page 3210   View pdf image
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