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Terms Used In Maryland Code, LABOR AND EMPLOYMENT 8.3-406

  • 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) On or before September 1 each year, the Secretary shall submit to the Governor and, in accordance with § 2-1257 of the State Government Article, the General Assembly an annual report on the administration and operation of this title during the immediately preceding fiscal year.

(b) The annual report shall include information regarding:

(1) projected and actual Program participation rates;

(2) contribution rates;

(3) projected and actual Fund balances;

(4) public outreach and technical assistance efforts;

(5) all enforcement efforts;

(6) the number and status of complaints under Subtitle 9 of this title;

(7) the costs of administering the Program attributable to each of the following:

(i) employers;

(ii) employees of employers;

(iii) self-employed individuals; and

(iv) the State;

(8) the State agencies and relevant stakeholders that were consulted as required under this title; and

(9) the capability and capacity of the Department to administer the Program as compared to the findings and recommendations of the capability and capacity study completed under § 5 of Chapter 48 of the Acts of the General Assembly of 2022.