establishing the Fund as a special nonlapsing fund; establishing a funding
mechanism for the Fund; establishing procedures for holding moneys in the
Fund and accounting for the Fund; requiring that administrative expenditures
and disbursements be made only under certain conditions; allowing grant
recipients to expend grant money beyond a certain period under certain
circumstances; requiring the Governor's Office of Crime Control and Prevention
to administer the Fund; requiring the Governor's Office of Crime Control and
Prevention to allocate a certain percentage of the grants under this Act to
certain regional programs under certain circumstances; requiring a certain
report; defining a certain term; and generally relating to the Maryland Drug
and Alcohol Grants Program Fund.

BY adding to

Article 27 - Crimes and Punishments
Section 297D

Annotated Code of Maryland

(1996 Replacement Volume and 1998 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 27 - Crimes and Punishments

297D.

(A) IN THIS SECTION, "FUND" MEANS THE MARYLAND DRUG AND ALCOHOL
GRANTS PROGRAM FUND.

(B) (1) THERE IS A MARYLAND DRUG AND ALCOHOL GRANTS PROGRAM
FUND.

(2) THE FUND IS A SPECIAL NONLAPSING FUND THAT IS NOT SUBJECT
TO § 7-302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.

(3) THE FUND CONSISTS SHALL CONSIST OF MONEY GIVEN TO THE
FUND BY PUBLIC OR PRIVATE SOURCES MONEYS APPROPRIATED IN THE STATE
BUDGET TO THE FUND, ALL EARNINGS FROM INVESTMENT OF MONEYS IN THE
FUND, AND ANY OTHER MONEYS ACCEPTED FOR THE BENEFIT OF THE FUND FROM
ANY GOVERNMENTAL OR PRIVATE SOURCE.

(4) (I) THE STATE TREASURER SHALL HOLD THE FUND SEPARATELY.
(II) THE STATE COMPTROLLER SHALL ACCOUNT FOR THE FUND.

(5) THE FUND SHALL BE INVESTED AND REINVESTED IN THE SAME
MANNER AS OTHER STATE FUNDS.

(6) ANY INVESTMENT EARNINGS SHALL BE RETAINED TO THE CREDIT
OF THE FUND.