|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor Ch. 440
|
|
|
|
|
|
|
|
|
|
7-122.
(A) (1) FOR EACH FISCAL YEAR, GENERAL FUND CAPITAL APPROPRIATIONS
SHALL BE BUDGETED IN THE OPERATING BUDGET IN SEPARATE EIGHT DIGIT
PROGRAMS.
(2) WHEN MULTIPLE PROJECTS OR PROGRAMS ARE BUDGETED WITHIN
THE SAME NONTRANSPORTATION EIGHT-DIGIT PROGRAM, EACH DISTINCT
PROGRAM AND PROJECT SHALL BE BUDGETED IN A DISTINCT SUBPROGRAM.
(B) (1) TO THE EXTENT POSSIBLE, SUBPROGRAMS FOR PROJECTS SPANNING
MULTIPLE YEARS SHALL BE RETAINED TO PRESERVE FUNDING HISTORY.
(2) THE BUDGET DETAIL FOR PRIOR AND CURRENT FISCAL YEARS
SUBMITTED WITH EACH PROPOSED BUDGET SHALL BE ORGANIZED IN THE SAME
FASHION TO ALLOW COMPARISON BETWEEN FISCAL YEARS.
7-311.
(a) In this section "Fund" means the Revenue Stabilization Fund.
(e) Except as provided in subsection (f) of this section, beginning in fiscal year
1995 and for each subsequent fiscal year, the Governor shall include in the budget bill
an appropriation to the Fund equal to at least the lesser of $50,000,000 or whatever
amount is required for the Fund balance to exceed 5% of the estimated General Fund
revenues for that fiscal year.
(f) The appropriations required by subsection (e) of this section are not
required when the Fund balance exceeds 5% of the estimated General Fund revenues.
(J) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION, FOR
FISCAL YEAR 2004 AND FOR EACH SUBSEQUENT FISCAL YEAR, THE GOVERNOR
SHALL INCLUDE IN THE BUDGET BILL AN APPROPRIATION TO THE FUND EQUAL TO
THE AMOUNT BY WHICH THE UNAPPROPRIATED GENERAL FUND SURPLUS AS OF
JUNE 30 OF THE SECOND PRECEDING FISCAL YEAR EXCEEDS $10,000,000.
(2) THE APPROPRIATION REQUIRED UNDER THIS SUBSECTION FOR ANY
FISCAL YEAR MAY BE REDUCED BY THE AMOUNT OF ANY APPROPRIATION TO THE
FUND REQUIRED TO BE INCLUDED FOR THAT FISCAL YEAR UNDER SUBSECTION (E)
OF THIS SECTION.
7-317.
(g) (1) Amounts may only be expended from the Fund through
appropriations in the State budget bill as provided in this subsection.
(2) The Governor shall include in the annual budget bill appropriations
from the Fund equivalent to the lesser of $100,000,000 or 90% of the funds estimated
to be available to the Fund in the fiscal year for which the appropriations are made.
|
|
|
|
|
|
|
|
|
|
- 3583 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
