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Ch. 49
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Martin O'Malley, Governor
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Section 7-116
Annotated Code of Maryland
(2006 Replacement Volume)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Education
7-116.
(a) In this section, "Fund Program" means the "Share the
State Fair!" Matching Fund Program.
(b) There is a "Share the State Fair!" Matching Fund Program
in the Department.
(c) The purpose of the Fund Program is to:
(1) Provide matching grants to county boards and
encourage them to dedicate additional local financial support for
a "Share the State Fair!" program Program: and
(2) Provide an educational and cultural enrichment
opportunity for students in each county in prekindergarten
through Grade 8 to attend the State Fair.
(d) The Department shall administer the Fund matching
grants under the Program.
(E) (1) The Fund is a special, nonlapsing fund that is not
subject to § 7-302 of the state finance and procurement article.
(2) The Treasurer shall hold the Fund separately, and
the Comptroller shall account for the Fund.
(f) (1) The Fund consists of;
(i) Money appropriated in the State budget to the
Fund;
(ii) Investment earnings of the Fund; and
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- 875 -
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