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Session Laws, 2002
Volume 800, Page 3556   View pdf image
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Ch. 439 2002 LAWS OF MARYLAND
The General Assembly also approves the use of the Information Technology
Investment Fund to support other projects as listed in the 2002 Joint Chairmen's
Report. SECTION 46. AND BE IT FURTHER ENACTED, That the Department of
Budget and Management shall separately identify and fund major information
technology development projects. Major information technology development projects
are projects that: (1) have an estimated total cost of development equal to or exceeding
$1,000,000; (2) support a critical business function associated with the public health,
education, safety, or financial well-being of Maryland citizens; or (3) the Secretary of the Department of Budget and Management determines
that the project merits the attention and oversight that will be given to
such projects. In order to implement this section, the Department of Budget and Management shall: (1) create separate budget programs for major information technology
development project spending; (2) provide budget detail which summarizes all spending for fiscal years prior
to the most recently completed fiscal year, the most recently completed
fiscal year, the current fiscal year, the proposed allowance, and four years
of out-year spending estimates; and (3) create and submit on the third Wednesday of January 2003 a fifth volume
to the Maryland Operating Budget Fiscal Year 2004 which summarizes
major information technology development projects by agency, and
includes separate detail for each project. SECTION 47. AND BE IT FURTHER ENACTED. That the General Assembly
intends that the Maryland Prepaid College Trust continue making its State loan
repayments in fiscal 2003 and repayments be made in each year thereafter until the
entire balance is repaid. The amount repaid in fiscal 2003 should be no less than
$120,000. SECTION 48. AND BE IT FURTHER ENACTED. That the Comptroller of the
Treasury's General Accounting Division (GAD) shall establish a subsidiary ledger
control account to debit all State agency funds budgeted under object 0174 (Workers'
Compensation coverage) and to credit all payments disbursed to the Injured Workers'
Insurance Fund (IWIF) via transmittal. The control account should also record all
funds withdrawn from the 1WIF and returned to the State and subsequently
transferred to the general fund. GAD and/or the Treasurer's Office should submit
quarterly reports to the Department of Legislative Services concerning the status of
the account.
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Session Laws, 2002
Volume 800, Page 3556   View pdf image
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