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Ch. 282
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2002 LAWS OF MARYLAND
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[(3) "Local management board grant agreement" means the agreement
executed between the State and local management board for the provision of services
for children and families in accordance with the plans developed under §§ 20.1 and 38
of this article.]
(4) "Incentives" means the moneys:
(i) Available from the reduction of costs of out-of-home
placements; and
(ii) Paid in accordance with [local management board grant
agreements] COMMUNITY PARTNERSHIP AGREEMENTS.
(b) There is a Subcabinet for Children, Youth, and Families Resource Fund.
(c) Subject to subsection (h) of this section, the Fund is a continuing,
nonlapsing special fund that is not subject to the provisions of § 7-302 of the State
Finance and Procurement Article.
(d) [In addition to] THE FUND CONSISTS OF any moneys that may be
appropriated, transferred, credited, or paid to the Fund from any source[, the Fund
shall consist of the State's share of incentives earned in accordance with the local
management board grant agreement], INCLUDING FUNDS THAT MAY BE PAYABLE AS
INCENTIVES UNDER THE COMMUNITY PARTNERSHIP AGREEMENTS.
(e) The State Treasurer shall hold, and the Comptroller shall account for, the
Fund.
(f) (1) The Fund shall be invested and reinvested in the same manner as
other State funds.
(2) Any investment earnings shall be retained to the credit of the Fund.
(g) (1) Expenditures from the Fund may only be made pursuant to an
appropriation approved by the General Assembly in the annual State budget bill.
(2) The Subcabinet shall expend the funds only in accordance with
priorities adopted by the Subcabinet [to fulfill the duties provided in § 4.1 of this
article].
(h) Any amount of money in the Fund in excess of $1,000,000 on June 30 of
each year shall revert to the General Fund.
4.3.
In accordance with § 4 of this article, the Subcabinet shall [phase in] MAINTAIN
a statewide system of interagency budgeting and funding [to be fully implemented by
fiscal year 1998]. As part of this system, the Subcabinet shall:
(1) [Establish] MAINTAIN a Subcabinet Fund which:
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(i) Includes moneys for out-of-home care and services to prevent
out-of-home placements;
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