Ch. 118 1999 LAWS OF MARYLAND

UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE

RB34.00 University of Maryland Center for

Environmental Science

Current Unrestricted Appropriation.............

14,582,153

Current Restricted Appropriation.................

9,900,000

24,482,153

UNIVERSITY OF MARYLAND BIOTECHNOLOGY INSTITUTE

RB35.00 University of Maryland Biotechnology

Institute

Current Unrestricted Appropriation

provided that $500,000 $1,000,000 of this

amount, appropriated for the Institute of

Human Virology, may not be expended

until a business plan for GBR Scientific,

Inc. has been submitted to the budget

committees and the committees have had

45 days to review and comment on the

plan. GBR Scientific, Inc., named for the

three primary scientists associated with

the Institute of Human Virology, has been

established to commercialize technology

developed by the institute. The business

plan should clearly outline the investment

being made by these scientists and other

investors, including the City of

Baltimore. In addition, the business plan

should acknowledge the States investment

of $16,500,000 $17,000,000 in the

institute, through fiscal 2000, and provide

the State with an equity position in the

company at a level that will allow

Maryland to recoup its investment. The

business plan should also reflect

anticipated future State support for the

institute. The business plan should

address whether the City of Baltimore

will receive an equity position as well

20,342,299

18,342,299

19,842.299

Current Restricted Appropriation.................

16,069,511

36,411,810

34,411,810

35,911,810

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