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Session Laws, 2003
Volume 799, Page 47   View pdf image
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ROBERT L. EHRLICH, JR., Governor                                Ch. 5

THERE IS A 9-1-1 TRUST FUND.

(B)     PURPOSES.

THE PURPOSES OF THE 9-1-1 TRUST FUND ARE TO:

(1)      REIMBURSE COUNTIES FOR THE COST OF ENHANCING A 9-1-1
SYSTEM;

(2)      PAY CONTRACTORS IN ACCORDANCE WITH § 1-306(B)(11) OF THIS
SUBTITLE; AND

(3)      FUND THE COORDINATOR POSITION UNDER § 1-305 OF THIS
SUBTITLE.

(C)     COMPOSITION.

THE 9-1-1 TRUST FUND CONSISTS OF:

(1)      MONEY FROM THE 9-1-1 FEE COLLECTED AND REMITTED TO THE
COMPTROLLER UNDER § 1-310 OF THIS SUBTITLE;

(2)      MONEY FROM THE ADDITIONAL CHARGE COLLECTED AND
REMITTED TO THE COMPTROLLER UNDER § 1-311 OF THIS SUBTITLE; AND

(3)      INVESTMENT EARNINGS OF THE 9-1-1 TRUST FUND.

(D)     MONEY IN 9-1-1 TRUST FUND.

MONEY IN THE 9-1-1 TRUST FUND SHALL BE HELD IN THE STATE TREASURY.

(E)     ADMINISTRATION.

THE SECRETARY SHALL ADMINISTER THE 9-1-1 TRUST FUND, SUBJECT TO THE
GUIDELINES FOR FINANCIAL MANAGEMENT AND BUDGETING ESTABLISHED BY THE
DEPARTMENT OF BUDGET AND MANAGEMENT.

(F)     ESTABLISHMENT OF SEPARATE ACCOUNTS.

THE SECRETARY SHALL DIRECT THE COMPTROLLER TO ESTABLISH SEPARATE
ACCOUNTS IN THE 9-1-1 TRUST FUND FOR THE PAYMENT OF ADMINISTRATIVE
EXPENSES AND FOR EACH COUNTY.

(G)     INCOME FROM INVESTMENTS.

(1)     ANY INVESTMENT EARNINGS SHALL BE CREDITED TO THE 9-1-1
TRUST FUND.

(2)      THE COMPTROLLER SHALL ALLOCATE THE INVESTMENT INCOME
AMONG THE ACCOUNTS IN THE 9-1-1 TRUST FUND, PRORATED ON THE BASIS OF THE
TOTAL FEES COLLECTED IN EACH COUNTY.

REVISOR'S NOTE: Subsections (a), (b), and (d) through (g) of this section are
new language derived without substantive change from former Art. 41, §
18-105(a) and (e) and the second sentence of § 18-103(d).

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Session Laws, 2003
Volume 799, Page 47   View pdf image
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