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Ch. 143
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2002 LAWS OF MARYLAND
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2. SUBJECT TO SUBPARAGRAPH (II) OF THIS PARAGRAPH,
MONEY RECEIVED FROM OTHER SOURCES.
(II) MONEY FROM THE GENERAL FUND OF THE STATE OR COUNTY,
INCLUDING ANY FEDERAL FUNDS, MAY NOT BE TRANSFERRED BY BUDGET
AMENDMENT OR OTHERWISE TO A FUND.
(3) THE TREASURER CHIEF FINANCIAL OFFICER FOR A COUNTY SHALL
SEPARATELY HOLD AND THE FINANCIAL OFFICER FOR EACH COUNTY SHALL
ACCOUNT FOR EACH FUND IN THE COUNTY.
(4) NOTHING CONTAINED IN THIS SECTION MAY NOT BE CONSTRUED
TO:
(I) PROHIBIT A PERIODIC OR SPECIAL AUDIT BY AN OFFICIAL
AUDITOR OF ANY COUNTY PROVIDING THE STATE, THE FEDERAL GOVERNMENT, OR
A COUNTY THAT PROVIDES FUNDS FOR A LOCAL CORRECTIONAL FACILITY; OR
(II) AFFECT THE CALCULATION OF REIMBURSEMENT RATES, AS
PROVIDED IN § 9-403 OF THIS ARTICLE.
(B) (1) EACH FUND SHALL BE INVESTED AND REINVESTED IN THE SAME
MANNER AS OTHER COUNTY FUNDS.
(2) ANY INVESTMENT EARNINGS ARE NOT A PART OF OF A FUND SHALL
BE CREDITED TO THE FUND.
11-904.
THE COUNTY FINANCIAL OFFICER CHIEF FINANCIAL OFFICER FOR THE
COUNTY SHALL PAY OUT MONEY FROM EACH FUND AS APPROVED IN THE COUNTY
BUDGET.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2002.
Approved April 25, 2002.
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CHAPTER 143
(Senate Bill 281)
AN ACT concerning
Public Work Contracts - Prevailing Wage Rate - Liability
FOR the purpose of establishing the liability of a general contractor for restitution to
an employee under certain circumstances; and generally relating to the payment
of the prevailing wage rate.
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BY repealing and reenacting, with amendments,
Article - State Finance and Procurement
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- 1462 -
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