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§ 9-2015. Resiliency Hub Grant Program Fund

West's Annotated Code of MarylandState GovernmentEffective: October 1, 2022

West's Annotated Code of Maryland
State Government (Refs & Annos)
Title 9. Miscellaneous Executive Agencies (Refs & Annos)
Subtitle 20. Maryland Energy Administration (Refs & Annos)
Effective: October 1, 2022
MD Code, State Government, § 9-2015
§ 9-2015. Resiliency Hub Grant Program Fund
Currentness
Definitions
(a)(1) In this section the following words have the meanings indicated.
(2) “Fund” means the Resiliency Hub Grant Program Fund.
(3) “Program” means the Resiliency Hub Grant Program established under § 9-2014 of this subtitle.
Establishment
(b) There is a Resiliency Hub Grant Program Fund.
Purpose of Fund
(c) The purpose of the Fund is to provide grants under the Program.
Administration of Fund
(d) The Administration shall administer the Fund.
Nature of Fund
(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 State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
Contents of Fund
(f) The Fund consists of:
(1) grant funding obtained under subsection (k) of this section;
(2) funds distributed to the Fund under § 9-20B-05 of this title and §§ 2-110.1 and 13-201 of the Public Utilities Article;
(3) money appropriated in the State budget to the Fund;
(4) interest earnings; and
(5) any other money from any other source accepted for the benefit of the Fund.
Use of Fund
(g) The Fund may be used only for:
(1) grants awarded under the Program; and
(2) costs associated with administering the Program and the Fund.
Investment of money of Fund
(h)(1) The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.
(2) Any interest earnings of the Fund shall be credited to the Fund.
Expenditures from Fund
(i) Expenditures from the Fund may be made only in accordance with the State budget.
Supplemental nature of money expended from Fund
(j) Money expended from the Fund for the Program is supplemental to and is not intended to take the place of funding that otherwise would be appropriated for the Program.
Identification and application for grant funding to support Program
(k) The Administration and the Maryland Department of Emergency Management, in coordination with any other appropriate unit of State government, shall identify and apply for grant funding, including federal grant funding, to support the Program.

Credits

Added by Acts 2022, c. 734, § 1, eff. Oct. 1, 2022; Acts 2022, c. 735, § 1, eff. Oct. 1, 2022.
MD Code, State Government, § 9-2015, MD STATE GOVT § 9-2015
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.
End of Document