§ 5-908. Fair Hill Improvement Fund
West's Annotated Code of MarylandNatural ResourcesEffective: June 1, 2022
Effective: June 1, 2022
MD Code, Natural Resources, § 5-908
§ 5-908. Fair Hill Improvement Fund
(b)(1) There is a Fair Hill Improvement Fund in the Department, to be used for the operation, maintenance, development, and improvement of the Fair Hill facilities at Fair Hill, Maryland.
(c) Any money obtained by the Department from Fair Hill shall be credited to the Fund.
(d)(1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
(e) For fiscal year 2024, and each fiscal year thereafter, the Governor may include in the annual budget bill an appropriation of at least $1,800,000 to the Fund to be used exclusively for the purposes specified under subsection (b)(2) of this section.
(f) Notwithstanding any other provision of this title, the Department may use the Fund to provide a grant or grants to a unit of State government, a local jurisdiction, a nonprofit entity, or an affiliated foundation established by the Maryland Stadium Authority under § 10-612 of the Economic Development Article, if:
Credits
Added by Acts 1976, c. 413, § 1. Amended by Acts 1977, c. 784, § 5; Acts 2004, c. 472, § 1, eff. Oct. 1, 2004; Acts 2004, c. 550, § 1, eff. July 1, 2004; Acts 2005, c. 25, § 1, eff. April 12, 2005; Acts 2022, c. 269, § 1, eff. June 1, 2022.
MD Code, Natural Resources, § 5-908, MD NAT RES § 5-908
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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