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Ch. 487
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2002 LAWS OF MARYLAND
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(2) INCOME FROM INVESTMENTS THAT THE TREASURER MAKES FOR
THE STATE FUND; AND
(3) ANY OTHER FEE, EXAMINATION ASSESSMENT, OR REVENUE
RECEIVED BY THE COMMISSION UNDER THIS TITLE.
(B) NOTWITHSTANDING SUBSECTION (A) OF THIS SECTION, THE COMMISSION
SHALL PAY ALL FINES AND PENALTIES COLLECTED BY THE COMMISSION UNDER
THIS TITLE INTO THE GENERAL FUND OF THE STATE.
(C) THE PURPOSE OF THE FUND IS TO PAY ALL;
(1) THE COSTS AND EXPENSES INCURRED BY THE COMMISSION THAT
ARE RELATED TO THE OPERATION OF THE COMMISSION, INCLUDING:
(I) EXPENDITURES AUTHORIZED UNDER THIS TITLE;
(2) (II) THE COST OF STATE EMPLOYEES SPECIFICALLY ASSIGNED TO
THE COMMISSION; AND
(3) (III) REASONABLE EXPENSES INCURRED BY THE ADVISORY
COMMITTEE ON THE BUDGET OF THE COMMISSION ESTABLISHED UNDER § 9-317 OF
THIS SUBTITLE; AND
(4) (2) ANY OTHER EXPENSE AUTHORIZED IN THE STATE BUDGET,
INCLUDING COSTS SPECIFIED UNDER § 9-315 OF THIS SUBTITLE.
(D) (1) ALL THE COSTS AND EXPENSES OF THE COMMISSION SHALL BE
INCLUDED IN THE STATE BUDGET.
(2) ANY EXPENDITURES FROM THE FUND TO COVER COSTS AND
EXPENSES OF THE COMMISSION MAY ONLY BE MADE:
(I) WITH AN APPROPRIATION FROM THE FUND APPROVED BY THE
GENERAL ASSEMBLY IN THE ANNUAL STATE BUDGET; OR
(II) BY THE BUDGET AMENDMENT PROCEDURE PROVIDED FOR IN §
7-209 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.
(3) (I) IF, IN ANY GIVEN FISCAL YEAR THE AMOUNT OF THE REVENUE
COLLECTED BY THE COMMISSION AND DEPOSITED INTO THE FUND EXCEEDS THE
ACTUAL APPROPRIATION FOR THE COMMISSION, PLUS AN ADDITIONAL 1 PERCENT
PROVISION FOR UNANTICIPATED EXPENDITURES OVER THE ACTUAL
APPROPRIATION FOR THE COMMISSION, THE EXCESS AMOUNT SHALL BE CARRIED
FORWARD WITHIN THE FUND FOR THE PURPOSE OF REDUCING THE ASSESSMENT
FEE IMPOSED BY THE COMMISSION FOR THE FOLLOWING FISCAL YEAR
(II) IF, IN ANY GIVEN YEAR, THE AMOUNT OF REVENUE COLLECTED
BY THE COMMISSION AND DEPOSITED INTO THE FUND IS INSUFFICIENT TO COVER
THE EXPENDITURES OF THE COMMISSION BECAUSE OF AN UNFORESEEN
EMERGENCY AND EXPENDITURES ARE MADE IN ACCORDANCE WITH THE BUDGET
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- 3860 -
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