Ch. 5

2003 LAWS OF MARYLAND

Also in subsection (b)(2) of this section, the reference to the "Fund" is
substituted for the former reference to "funds" for clarity and to conform to
usage throughout this section.

Also in subsection (b)(2) of this section, the word "State", which formerly
modified "Treasurer" and "Comptroller", respectively, is deleted to conform
to SG §§ 5-101(a) and 4-101(a), respectively.

In subsection (c)(2) of this section, the former specific reference to "gifts,
grants, awards, or money from the federal or State government, a local
government or association, organization, or other private source" is deleted
as included in the general reference to money received "from any source".

Subsection (c)(3) of this section is revised to clarify that investment
earnings of the Fund are part of the Fund. Consequently, the former
reference to investment earnings being "paid into" the Fund is deleted as
implicit. Similarly, the former requirement that money received by the
Council "be placed" in the Fund is deleted as implicit in light of subsection
(c)(2) of this section, which provides that money received by the Council is
part of the Fund.

Subsection (d) of this section is revised in standard language to provide
that money in the Fund shall be invested in the same manner as other
State money. Therefore, the former reference to money being "reinvested"
is deleted as implicit and unnecessary.

In subsection (e)(2) of this section, the former reference to the "objectives"
of this subtitle is deleted as included in the reference to the "purposes".

In the introductory language of subsection (f) of this section, the reference
to "grants" is substituted for the former reference to "awards" for
consistency throughout this subtitle. Similarly, in subsection (g) of this
section, the former reference to "awards" is deleted as included in the
reference to "grants".

In subsection (f)(1)(i) of this section, the former reference to "augment" is
deleted as included in the reference to "enhance".

In subsection (h)(1)(i) of this section, the phrase "in accordance with the
State budget" is substituted for the former phrase "[p]ursuant to an
appropriation approved by the General Assembly in the annual State
budget" for brevity and consistency with language used throughout this
article.

Defined terms: "Council" § 2-701
"Fund" § 2-701

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