Maryland Code, HOUSING AND COMMUNITY DEVELOPMENT 4-2919
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Terms Used In Maryland Code, HOUSING AND COMMUNITY DEVELOPMENT 4-2919
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) (1) For fiscal years 2025, 2026, and 2027, the Governor shall include in the annual budget bill an appropriation of $10,000,000 to the Department for the State Program.
(2) For fiscal year 2028 and each fiscal year thereafter, the Governor shall include in the annual budget bill an appropriation sufficient to fund at least the same number of vouchers issued in the prior fiscal year.
(b) Of the amount specified under subsection (a) of this section, the Department shall distribute 6% each year to public housing agencies to help defray staffing expenses related to the administration of the federal Housing Choice Voucher Program and the State Program.
(c) The Department shall develop a formula for distributing State Program funds to the Department and each public housing agency.