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§ 13-3003. Cord Blood Transplant Center Support Fund

West's Annotated Code of MarylandHealth--GeneralEffective: March 14, 2016

West's Annotated Code of Maryland
Health--General
Title 13. Miscellaneous Health Care Programs (Refs & Annos)
Subtitle 30. Cord Blood Transplant Program (Refs & Annos)
Effective: March 14, 2016
MD Code, Health - General, § 13-3003
§ 13-3003. Cord Blood Transplant Center Support Fund
Currentness
In general
(a) There is a Cord Blood Transplant Center Support Fund.
Purpose of Fund
(b) The purpose of the Fund is to promote economic development by supporting cord blood transplant centers at qualified medical institutions with a goal of being recognized as a regional center of excellence in the area of cord blood transplantation.
Administration of Fund
(c) The Department shall administer the Fund.
Nature of Fund
(d) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
Holding and accounting of Fund
(e) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
Contents of Fund
(f) The Fund consists of:
(1) Beginning in 2013, any money appropriated in the State budget to the Fund; and
(2) Any other money from any other source accepted for the benefit of the Fund.
Uses of Fund
(g) The Fund may be used only for the establishment of or support for a cord blood transplant center at a qualified medical institution.
Investment of fund moneys
(h)(1) The State Treasurer shall invest and reinvest the money of the Fund in the same manner as other State money may be invested.
(2) Any investment earnings of the Fund shall be paid into the Fund.
Authorization to use funds
(i)(1) The Comptroller shall pay out money from the Fund as directed by the Secretary.
(2) No part of the Fund may revert or be credited to:
(i) The General Fund of the State; or
(ii) Any other special fund of the State.
Expenditures
(j) Expenditures from the Fund may be made only in accordance with the State budget.

Credits

Added by Acts 2011, c. 498, § 1, eff. Oct. 1, 2011; Acts 2011, c. 499, § 1, eff. Oct. 1, 2011. Amended by Acts 2016, c. 8, § 1, eff. March 14, 2016.
MD Code, Health - General, § 13-3003, MD HEALTH GEN § 13-3003
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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