Maryland Code, NATURAL RESOURCES 3-2A-03
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Terms Used In Maryland Code, NATURAL RESOURCES 3-2A-03
- 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.
- including: means includes or including by way of illustration and not by way of limitation. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) All receipts designated for the Grant Fund shall be placed in the Grant Fund held by the Department and administered by the Trust, including:
(1) Money appropriated by the State to the Grant Fund;
(2) Premiums, fees, and payments on reimbursement of grants, where required;
(3) Income from investments that the State Treasurer, on instruction of the Department, makes for the Department under this subtitle; and
(4) Any other money made available to the Grant Fund.
(b) Any unspent money in the Grant Fund at the end of the fiscal year shall remain in the Grant Fund and may not revert to the General Fund of the State.