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PARRIS N. GLENDENING, Governor
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Ch. 468
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(3) GENERATED FROM PAY PHONE COMMISSIONS THAT ARE CREDITED
TO OTHER ACCOUNTS OR FUNDS IN ACCORDANCE WITH OTHER PROVISIONS OF LAW
OR ARE AUTHORIZED FOR OTHER PURPOSES IN THE BUDGET OR THROUGH AN
APPROVED BUDGET AMENDMENT.
(G) (1) THE STATE TREASURER SHALL HOLD AND THE STATE
COMPTROLLER SHALL ACCOUNT FOR THE FUND.
(2) THE FUND SHALL BE INVESTED AND REINVESTED IN THE SAME
MANNER AS OTHER STATE FUNDS.
(3) INVESTMENT EARNINGS SHALL ACCRUE TO THE CREDIT OF THE
FUND.
(H) THE CHIEF:
(1) SHALL ADMINISTER THE FUND IN ACCORDANCE WITH THIS
SECTION; AND
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(2) SUBJECT TO THE PROVISIONS OF §§ 2-201 AND 3-405 OF THIS
ARTICLE, MAY RECEIVE AND ACCEPT CONTRIBUTIONS, GRANTS, OR GIFTS OF MONEY
OR PROPERTY;
(3) SHALL BE RESPONSIBLE FOR OVERSEEING THE IMPLEMENTATION
OF PROJECTS FUNDED BY MONEYS FROM THE FUND;
(4) SHALL APPROVE FUNDING FOR MAJOR INFORMATION TECHNOLOGY
PROJECTS ONLY WHEN THOSE PROJECTS ARE CONSISTENT WITH STATEWIDE PLANS,
POLICIES, AND STANDARDS; AND
(5) SHALL APPROVE FUNDING FOR MAJOR INFORMATION TECHNOLOGY
PROJECTS ONLY WHEN THOSE PROJECTS ARE SUPPORTED BY AM APPROVED
SYSTEMS DEVELOPMENT LIFE CYCLE PLAN. THE CHIEF MAY APPROVE FUNDING
INCREMENTALLY CONSISTENT WITH THE SYSTEMS DEVELOPMENT LIFE CYCLE
PLAN.
(I) THE GOVERNOR SHALL SUBMIT WITH THE BUDGET:
(1) A SUMMARY SHOWING THE UNENCUMBERED BALANCE IN THE FUND
AS OF THE CLOSE OF THE PRIOR FISCAL YEAR AND A LISTING OF ANY
ENCUMBRANCES;
(2) AN ESTIMATE OF PROJECTED REVENUE FROM EACH OF THE
SOURCES SPECIFIED IN SUBSECTION (E) OF THIS SECTION FOR THE FISCAL YEAR
FOR WHICH THE BUDGET IS SUBMITTED; AND
(3) A DESCRIPTIVE LISTING OF PROJECTS REFLECTING PROJECTED
COSTS FOR THE FISCAL YEAR FOR WHICH THE BUDGET IS SUBMITTED AND ANY
ESTIMATED FUTURE YEAR COSTS.
(J) EXPENDITURES FROM THE FUND SHALL BE MADE ONLY:
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- 3751 -
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