Martin O'Malley, Governor

Ch. 6

(3) The Fund is a special, nonlapsing fund that-is-not

SUBJECT TO § 7-302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.

(4) The Treasurer shall hold the Fund and the
Comptroller shall account for the Fund,

(5) The proceeds of the Fund shall be invested and
reinvested.

(6) any investment earnings shall be paid into the fund.

(7) THE FUND CONSISTS OF:

(I) ANY MONEY APPROPRIATED TO THE FUND; AND

(II) any other money from any other source
accepted for the benefit of the fund.

(8) Money in the Fund may be expended only to support
tourism, the arts. and other cultural activities.

Article - Tax - General

2-614.

[(a)} After making the distribution required under § 2-613 of this subtitle, the
Comptroller shall distribute monthly 24% of the remaining income tax revenue from
corporations to [a special fund to be distributed as provided in subsection (b) of this
section.

(b) (1) From the special fund, the Comptroller shall distribute an amount
equal to 24% of the cost to administer the income tax on corporations to an
administrative cost account.

(2) After making the distribution required under paragraph (1) of this
subsection, the Comptroller shall distribute the balance in the special fund to] the
Gasoline and Motor Vehicle Revenue Account in the Transportation Trust Fund.

[2-1102.

After making the distributions required under § 2-1101 of this subtitle, from
the remaining motor fuel tax revenue, the Comptroller shall distribute the amount
necessary to administer the Motor Fuel Tax Bureau of the Regulatory and
Enforcement Division of the Comptroller's Office to an administrative cost account.]

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