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Session Laws, 1997
Volume 795, Page 92   View pdf image
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Provided that of this amount, $1,500,000 of
general funds and $3,000,000 of special
funds shall constitute the appropriation to
the Information Technology Investment
Fund as provided in § 7-316 of the State
Finance and Procurement Article; and
further provided that the ceiling on the
amount of monies that may be credited to
the Information Technology Investment
Fund for fiscal year 1998 shall be
$6,000,000.

Further provided that there shall be no
expenditures from the Information
Technology Investment Fund in exces
s of
$4,500,000 and/or for projects not on the list
of Information Technology projects dated
February 20. 1997. until the Department of
Budget and Management provides a
summary showing the unencumbered
balance in the fund as of the close of Fiscal
Year 1997. a listing of encumbrances for
Fiscal Year 1998. and a listing of the
projects including supporting detail for each
project for which funds arc requested
: and
the committees have had 60 days in which to

review and comment on the proposed
projects.

Further provided that no funds shall be expended
for the Information Technology Investment
Fund until the Department of Budget and
Management provides a summary showing the
unencumbered balance in the fund as of the
close of Fiscal Year 1997 and a listing of any
encumbrances: a listing of the protects
including supporting detail for each project for
which funds are requested: and a progress
report on each project approved and funded in
Fiscal Year 1997 and the committees have had
60 days in which to review and comment on
the proposed projects.

Notwithstanding any uses anticipated in the

Special Fund Appropriation.............................

Ch. 3

1997 LAWS OF MARYLAND

3,000,000

14,685,246

9,685,246

14,185,246

12,685,246

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Session Laws, 1997
Volume 795, Page 92   View pdf image
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