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§ 9-274. Funding sources and limits

West's Annotated Code of MarylandEnvironment

West's Annotated Code of Maryland
Environment
Title 9. Water, Ice, & Sanitary Facilities (Refs & Annos)
Subtitle 2. Regulation by State (Refs & Annos)
Part VI. State Used Tire Cleanup and Recycling Fund
MD Code, Environment, § 9-274
§ 9-274. Funding sources and limits
Currentness
In general
(a) The State Used Tire Cleanup and Recycling Fund shall consist of moneys made available under:
(1) Loan authorizations;
(2) Funds appropriated in the State budget;
(3) Fees collected for the sale of tires by retail dealers under § 9-228(g) of this subtitle; or
(4) Bond and security forfeitures collected under § 9-228(k) of this subtitle.
Limitations on Fund
(b)(1) The Fund is limited to a maximum of $10,000,000.
(2) If the sum of unallocated funds in the Fund and the projected fees for the next fiscal year exceeds $10,000,000, the Board of Public Works shall adjust the fees for the next fiscal year on a pro rata basis so that the sum of unallocated and actual fees does not exceed $10,000,000.

Credits

Added by Acts 1989, c. 667. Amended by Acts 1991, c. 640; Acts 1997, c. 627, § 1, eff. July 1, 2000; Acts 2000, c. 235, § 2, eff. Dec. 31, 2000.
MD Code, Environment, § 9-274, MD ENVIR § 9-274
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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