Old | New | Differences | |
---|---|---|---|
1 | - | LAWRENCE J. HOGAN, JR., Governor Ch. 466 | |
2 | 1 | ||
3 | - | – 1 – | |
4 | - | Chapter 466 | |
5 | - | (House Bill 993) | |
6 | 2 | ||
7 | - | AN ACT concerning | |
3 | + | EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. | |
4 | + | [Brackets] indicate matter deleted from existing law. | |
5 | + | Underlining indicates amendments to bill. | |
6 | + | Strike out indicates matter stricken from the bill by amendment or deleted from the law by | |
7 | + | amendment. | |
8 | + | Italics indicate opposite chamber/conference committee amendments. | |
9 | + | *hb0993* | |
8 | 10 | ||
9 | - | Child Care Capital Support Revolving Loan Fund – Established | |
11 | + | HOUSE BILL 993 | |
12 | + | F5 (2lr1451) | |
13 | + | ENROLLED BILL | |
14 | + | — Ways and Means and Appropriations/Budget and Taxation and Education, Health, | |
15 | + | and Environmental Affairs — | |
16 | + | Introduced by Delegates Ebersole and Solomon | |
10 | 17 | ||
11 | - | FOR the purpose of establishing the Child Care Capital Support Revolving Loan Fund as | |
12 | - | a special, nonlapsing fund; requiring interest earnings of the Fund to be credited to | |
13 | - | the Fund; requiring the State Department of Education Department of Commerce to | |
14 | - | administer the Fund with support from the State Department of Education; | |
15 | - | requiring the Department of Commerce to publicize the availability of loans from the | |
16 | - | Fund; and generally relating to the Child Care Capital Support Revolving Loan | |
17 | - | Fund. | |
18 | + | Read and Examined by Proofreaders: | |
18 | 19 | ||
19 | - | BY repealing and reenacting, without amendments, | |
20 | - | Article – Education | |
21 | - | Section 1–101(a) and (f) | |
22 | - | Annotated Code of Maryland | |
23 | - | (2018 Replacement Volume and 2021 Supplement) | |
20 | + | _______________________________________________ | |
21 | + | Proofreader. | |
22 | + | _______________________________________________ | |
23 | + | Proofreader. | |
24 | 24 | ||
25 | - | BY repealing and reenacting, with amendments, | |
26 | - | Article – Education | |
27 | - | Section 9.5–907 | |
28 | - | Annotated Code of Maryland | |
29 | - | (2018 Replacement Volume and 2021 Supplement) | |
25 | + | Sealed with the Great Seal and presented to the Governor, for h is approval this | |
30 | 26 | ||
31 | - | BY adding to | |
32 | - | Article – Education | |
33 | - | Section 9.5–909 9.5–113.1 | |
34 | - | Annotated Code of Maryland | |
35 | - | (2018 Replacement Volume and 2021 Supplement) | |
27 | + | _______ day of _______________ at ________________________ o’clock, ________M. | |
36 | 28 | ||
37 | - | BY repealing and reenacting, without amendments, | |
38 | - | Article – State Finance and Procurement | |
39 | - | Section 6–226(a)(2)(i) | |
40 | - | Annotated Code of Maryland | |
41 | - | (2021 Replacement Volume) | |
29 | + | ______________________________________________ | |
30 | + | Speaker. | |
42 | 31 | ||
43 | - | BY repealing and reenacting, with amendments, | |
44 | - | Article – State Finance and Procurement | |
45 | - | Section 6–226(a)(2)(ii)144. and 145. | |
46 | - | Annotated Code of Maryland | |
47 | - | (2021 Replacement Volume) | |
32 | + | CHAPTER ______ | |
48 | 33 | ||
49 | - | ||
34 | + | AN ACT concerning 1 | |
50 | 35 | ||
51 | - | – 2 – | |
52 | - | Article – State Finance and Procurement | |
53 | - | Section 6–226(a)(2)(ii)146. | |
54 | - | Annotated Code of Maryland | |
55 | - | (2021 Replacement Volume) | |
36 | + | Child Care Capital Support Revolving Loan Fund – Established 2 | |
56 | 37 | ||
57 | - | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, | |
58 | - | That the Laws of Maryland read as follows: | |
38 | + | FOR the purpose of establishing the Child Care Capital Support Revolving Loan Fund as 3 | |
39 | + | a special, nonlapsing fund; requiring interest earnings of the Fund to be credited to 4 | |
40 | + | the Fund; requiring the State Department of Education Department of Commerce to 5 | |
41 | + | administer the Fund with support from the State Department of Education; 6 | |
42 | + | requiring the Department of Commerce to publicize the availability of loans from the 7 | |
43 | + | Fund; and generally relating to the Child Care Capital Support Revolving Loan 8 | |
44 | + | Fund. 9 | |
59 | 45 | ||
60 | - | Article – Education | |
46 | + | BY repealing and reenacting, without amendments, 10 | |
47 | + | Article – Education 11 | |
48 | + | Section 1–101(a) and (f) 12 | |
49 | + | Annotated Code of Maryland 13 2 HOUSE BILL 993 | |
61 | 50 | ||
62 | - | 1–101. | |
63 | 51 | ||
64 | - | (a) In this article, unless the context requires otherwise, the following words have | |
65 | - | the meanings indicated. | |
52 | + | (2018 Replacement Volume and 2021 Supplement) 1 | |
66 | 53 | ||
67 | - | (f) “Department” means the State Department of Education. | |
54 | + | BY repealing and reenacting, with amendments, 2 | |
55 | + | Article – Education 3 | |
56 | + | Section 9.5–907 4 | |
57 | + | Annotated Code of Maryland 5 | |
58 | + | (2018 Replacement Volume and 2021 Supplement) 6 | |
68 | 59 | ||
69 | - | 9.5–907. | |
60 | + | BY adding to 7 | |
61 | + | Article – Education 8 | |
62 | + | Section 9.5–909 9.5–113.1 9 | |
63 | + | Annotated Code of Maryland 10 | |
64 | + | (2018 Replacement Volume and 2021 Supplement) 11 | |
70 | 65 | ||
71 | - | Priority in providing awards under §§ 9.5–902 THROUGH 9.5–906 OF this subtitle | |
72 | - | shall be given to child care providers or programs that published a quality rating level of 2 | |
73 | - | in the Maryland EXCELS Program on or before June 30, 2022. | |
66 | + | BY repealing and reenacting, without amendments, 12 | |
67 | + | Article – State Finance and Procurement 13 | |
68 | + | Section 6–226(a)(2)(i) 14 | |
69 | + | Annotated Code of Maryland 15 | |
70 | + | (2021 Replacement Volume) 16 | |
74 | 71 | ||
75 | - | 9.5–909. 9.5–113.1. | |
72 | + | BY repealing and reenacting, with amendments, 17 | |
73 | + | Article – State Finance and Procurement 18 | |
74 | + | Section 6–226(a)(2)(ii)144. and 145. 19 | |
75 | + | Annotated Code of Maryland 20 | |
76 | + | (2021 Replacement Volume) 21 | |
76 | 77 | ||
77 | - | (A) (1) IN THIS SECTION, THE FOLLOWING WORDS HAVE THE MEANINGS | |
78 | - | INDICATED. | |
78 | + | BY adding to 22 | |
79 | + | Article – State Finance and Procurement 23 | |
80 | + | Section 6–226(a)(2)(ii)146. 24 | |
81 | + | Annotated Code of Maryland 25 | |
82 | + | (2021 Replacement Volume) 26 | |
79 | 83 | ||
80 | - | | |
81 | - | ||
84 | + | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 27 | |
85 | + | That the Laws of Maryland read as follows: 28 | |
82 | 86 | ||
83 | - | (3) “RURAL COMMUNITY ” HAS THE MEANING STAT ED IN § 2–207 OF | |
84 | - | THE STATE FINANCE AND PROCUREMENT ARTICLE. | |
87 | + | Article – Education 29 | |
85 | 88 | ||
86 | - | ||
89 | + | 1–101. 30 | |
87 | 90 | ||
88 | - | (C) THE PURPOSE OF THE FUND IS TO PROVIDE NO –INTEREST LOANS FOR | |
89 | - | CAPITAL EXPENSES TO CHILD CARE PROVIDERS WHO PARTICIPATE IN T HE CHILD | |
90 | - | CARE SCHOLARSHIP PROGRAM UNDER § 9.5–113 OF THIS TITLE SUBTITLE. | |
91 | + | (a) In this article, unless the context requires otherwise, the following words have 31 | |
92 | + | the meanings indicated. 32 | |
91 | 93 | ||
92 | - | (D) THE DEPARTMENT OF COMMERCE SHALL ADMINISTER THE FUND WITH | |
93 | - | SUPPORT FROM THE DEPARTMENT . | |
94 | + | (f) “Department” means the State Department of Education. 33 | |
94 | 95 | ||
95 | - | ||
96 | - | ||
96 | + | 9.5–907. 34 | |
97 | + | HOUSE BILL 993 3 | |
97 | 98 | ||
98 | - | – 3 – | |
99 | - | SHALL BE AVAILABLE I N PERPETUITY FOR THE P URPOSE OF PROVIDING LOANS IN | |
100 | - | ACCORDANCE WITH THE PROVISIONS OF THIS S ECTION. | |
101 | 99 | ||
102 | - | (2) THE STATE TREASURER SHALL HOLD THE FUND SEPARATELY , | |
103 | - | AND THE COMPTROLLER SHALL ACC OUNT FOR THE FUND. | |
100 | + | Priority in providing awards under §§ 9.5–902 THROUGH 9.5–906 OF this subtitle 1 | |
101 | + | shall be given to child care providers or programs that published a quality rating level of 2 2 | |
102 | + | in the Maryland EXCELS Program on or before June 30, 2022. 3 | |
104 | 103 | ||
105 | - | ||
104 | + | 9.5–909. 9.5–113.1. 4 | |
106 | 105 | ||
107 | - | (1) MONEY APPROPRIATE D IN THE STATE BUDGET TO THE FUND; | |
106 | + | (A) (1) IN THIS SECTION, THE FOLLOWING WORDS HAVE THE MEANINGS 5 | |
107 | + | INDICATED. 6 | |
108 | 108 | ||
109 | - | (2) ANY INTEREST EARNINGS OF THE FUND; | |
109 | + | (2) “FUND” MEANS THE CHILD CARE CAPITAL SUPPORT REVOLVING 7 | |
110 | + | LOAN FUND. 8 | |
110 | 111 | ||
111 | - | (3) | |
112 | - | ||
112 | + | (3) “RURAL COMMUNITY ” HAS THE MEANING STAT ED IN § 2–207 OF 9 | |
113 | + | THE STATE FINANCE AND PROCUREMENT ARTICLE. 10 | |
113 | 114 | ||
114 | - | (4) ANY OTHER MONEY FROM ANY OTHER SOURCE ACC EPTED FOR | |
115 | - | THE BENEFIT OF THE FUND. | |
115 | + | (B) THERE IS A CHILD CARE CAPITAL SUPPORT REVOLVING LOAN FUND. 11 | |
116 | 116 | ||
117 | - | ( | |
118 | - | TO CHILD CARE | |
119 | - | ||
117 | + | (C) THE PURPOSE OF THE FUND IS TO PROVIDE NO –INTEREST LOANS FOR 12 | |
118 | + | CAPITAL EXPENSES TO CHILD CARE PROVIDERS WHO PARTICIPATE IN T HE CHILD 13 | |
119 | + | CARE SCHOLARSHIP PROGRAM UNDER § 9.5–113 OF THIS TITLE SUBTITLE. 14 | |
120 | 120 | ||
121 | - | (I) ACQUISITION; | |
121 | + | (D) THE DEPARTMENT OF COMMERCE SHALL ADMINISTER THE FUND WITH 15 | |
122 | + | SUPPORT FROM THE DEPARTMENT . 16 | |
122 | 123 | ||
123 | - | (II) EXPANSION; | |
124 | + | (E) (1) THE FUND IS A SPECIAL , NONLAPSING FUND THAT IS NOT 17 | |
125 | + | SUBJECT TO § 7–302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE THAT 18 | |
126 | + | SHALL BE AVAILABLE I N PERPETUITY FOR THE PURPOSE OF PROVI DING LOANS IN 19 | |
127 | + | ACCORDANCE WITH THE PROVISIONS OF THIS S ECTION. 20 | |
124 | 128 | ||
125 | - | (III) RENOVATIONS; AND | |
129 | + | (2) THE STATE TREASURER SHALL HOLD THE FUND SEPARATELY , 21 | |
130 | + | AND THE COMPTROLLER SHALL ACC OUNT FOR THE FUND. 22 | |
126 | 131 | ||
127 | - | ( | |
132 | + | (F) THE FUND CONSISTS OF : 23 | |
128 | 133 | ||
129 | - | (2) (I) EXCEPT AS PROVIDED IN SUBPARAG RAPH (II) OF THIS | |
130 | - | PARAGRAPH , CHILD CARE PROVIDERS SHALL REPAY LOANS FR OM THE FUND NOT | |
131 | - | LATER THAN 5 YEARS AFTER RECEIVIN G A LOAN FROM THE FUND. | |
134 | + | (1) MONEY APPROPRIATED IN THE STATE BUDGET TO THE FUND; 24 | |
132 | 135 | ||
133 | - | (II) THE DEPARTMENT OF COMMERCE MAY ESTABLISH A | |
134 | - | FINANCIAL HARDSHIP E XEMPTION TO ALLOW A CHILD CARE PROVIDER ADDITIONAL | |
135 | - | TIME TO REPAY A LOAN FROM THE FUND. | |
136 | + | (2) ANY INTEREST EARNINGS OF THE FUND; 25 | |
136 | 137 | ||
137 | - | (III) IF A HARDSHIP EXEMPTI ON IS NOT GRANTED , THE | |
138 | - | DEPARTMENT OF COMMERCE SHALL APPLY ITS NORMAL POLICY RE GARDING | |
139 | - | ASSISTING CHILD CARE PROVIDERS WITH PAST DUE LOAN PAYMENTS . | |
138 | + | (3) REPAYMENTS OF PRINCIP AL AND INTEREST FROM LOANS MADE 26 | |
139 | + | FROM THE FUND; AND 27 | |
140 | 140 | ||
141 | - | (H) (1) THE STATE TREASURER SHALL INVES T THE MONEY OF THE FUND | |
142 | - | IN THE SAME MANNER A S OTHER STATE MONEY MAY BE IN VESTED. Ch. 466 2022 LAWS OF MARYLAND | |
141 | + | (4) ANY OTHER MONEY FROM ANY OTHER SOURCE ACC EPTED FOR 28 | |
142 | + | THE BENEFIT OF THE FUND. 29 | |
143 | + | 4 HOUSE BILL 993 | |
143 | 144 | ||
144 | - | – 4 – | |
145 | 145 | ||
146 | - | (2) ANY INTEREST EARNINGS OF THE FUND SHALL BE CREDITE D TO | |
147 | - | THE FUND. | |
146 | + | (G) (1) THE FUND MAY BE USED O NLY TO PROVIDE NO –INTEREST LOANS 1 | |
147 | + | TO CHILD CARE PROVID ERS FOR CAPITAL EXPE NSES RELATED TO A CH ILD CARE 2 | |
148 | + | FACILITY, INCLUDING: 3 | |
148 | 149 | ||
149 | - | (I) (1) THE DEPARTMENT OF COMMERCE, IN CONSULTATION WITH THE | |
150 | - | DEPARTMENT , SHALL ESTABLISH APPL ICATION PROCEDURES A ND ELIGIBILITY | |
151 | - | CRITERIA FOR LOANS F ROM THE FUND, INCLUDING: | |
150 | + | (I) ACQUISITION; 4 | |
152 | 151 | ||
153 | - | (1) REQUIRING IN ADDITION TO THE R EQUIREMENT THAT A CHILD | |
154 | - | CARE PROVIDER TO BE A PARTICIPANT IN THE CHILD CARE SCHOLARSHIP | |
155 | - | PROGRAM UNDER § 9.5–113 OF THIS TITLE; AND SUBTITLE. | |
152 | + | (II) EXPANSION; 5 | |
156 | 153 | ||
157 | - | (2) GIVING PRIORITY TO CH ILD CARE PROVIDERS T HAT THE | |
158 | - | DEPARTMENT SHALL PRIO RITIZE APPLICANT CRI TERIA IN THE FOLLOWI NG ORDER | |
159 | - | WHEN PROVIDING FUNDI NG FROM THE FUND: | |
154 | + | (III) RENOVATIONS; AND 6 | |
160 | 155 | ||
161 | - | ( | |
156 | + | (IV) NEW CONSTRUCTION . 7 | |
162 | 157 | ||
163 | - | 1. RURAL COMMUNITIES ; | |
158 | + | (2) (I) EXCEPT AS PROVIDED IN SUBPARAGRAPH (II) OF THIS 8 | |
159 | + | PARAGRAPH , CHILD CARE PROVIDERS SHALL REPAY LOANS FR OM THE FUND NOT 9 | |
160 | + | LATER THAN 5 YEARS AFTER RECEIVIN G A LOAN FROM THE FUND. 10 | |
164 | 161 | ||
165 | - | 2. UNDERSERVED COMMUNITI ES; OR | |
162 | + | (II) THE DEPARTMENT OF COMMERCE MAY ESTABLISH A 11 | |
163 | + | FINANCIAL HARDSHIP E XEMPTION TO ALLOW A CHILD CARE PROVIDER ADDITIONAL 12 | |
164 | + | TIME TO REPAY A LOAN FROM THE FUND. 13 | |
166 | 165 | ||
167 | - | 3. 2. AREAS DESIGNATED BY T HE DEPARTMENT AS CHILD | |
168 | - | CARE DESERTS OR AS AREAS LACKING CHILD CARE SLOTS; | |
166 | + | (III) IF A HARDSHIP EXEMPTI ON IS NOT GRANTED , THE 14 | |
167 | + | DEPARTMENT OF COMMERCE SHALL APPLY ITS NORMAL POLICY RE GARDING 15 | |
168 | + | ASSISTING CHILD CARE PROVIDERS WITH PAST DUE LOAN PAYMENTS . 16 | |
169 | 169 | ||
170 | - | ( | |
171 | - | ||
170 | + | (H) (1) THE STATE TREASURER SHALL INVEST THE MONEY OF THE FUND 17 | |
171 | + | IN THE SAME MANNER A S OTHER STATE MONEY MAY BE IN VESTED. 18 | |
172 | 172 | ||
173 | - | ( | |
174 | - | ||
173 | + | (2) ANY INTEREST EARNINGS OF THE FUND SHALL BE CREDITE D TO 19 | |
174 | + | THE FUND. 20 | |
175 | 175 | ||
176 | - | (III) (IV) SERVE CHILD CARE PROVIDERS THAT SERVE | |
177 | - | CHILDREN WITH SPECIA L NEEDS; OR AND | |
176 | + | (I) (1) THE DEPARTMENT OF COMMERCE, IN CONSULTATION WITH THE 21 | |
177 | + | DEPARTMENT , SHALL EST ABLISH APPLICATION P ROCEDURES AND ELIGIB ILITY 22 | |
178 | + | CRITERIA FOR LOANS F ROM THE FUND, INCLUDING: 23 | |
178 | 179 | ||
179 | - | (IV) (V) SERVE CHILD CARE PROVIDERS THAT SERVE | |
180 | - | CHILDREN AGES 2 AND YOUNGER . | |
180 | + | (1) REQUIRING IN ADDITION TO THE R EQUIREMENT THAT A CHILD 24 | |
181 | + | CARE PROVIDER TO BE A PARTICIPANT IN THE CHILD CARE SCHOLARSHIP 25 | |
182 | + | PROGRAM UNDER § 9.5–113 OF THIS TITLE; AND SUBTITLE. 26 | |
181 | 183 | ||
182 | - | (J) THE DEPARTMENT OF COMMERCE SHALL WORK W ITH THE | |
183 | - | DEPARTMENT TO PUBLICI ZE THE AVAILABILITY OF LOANS FROM THE FUND AND | |
184 | - | PROVIDE SUPPORT TO C HILD CARE PROVIDERS IN APPLYING FOR LOAN S FROM THE | |
185 | - | FUND. | |
184 | + | (2) GIVING PRIORITY TO CH ILD CARE PROVIDERS T HAT THE 27 | |
185 | + | DEPARTMENT SHALL PRIO RITIZE APPLICANT CRI TERIA IN THE FOLLOWI NG ORDER 28 | |
186 | + | WHEN PROVIDING FUNDI NG FROM THE FUND: 29 | |
186 | 187 | ||
187 | - | ( | |
188 | - | ||
188 | + | (I) ARE CHILD CARE PROVIDERS THAT ARE LOCATED IN: 30 | |
189 | + | HOUSE BILL 993 5 | |
189 | 190 | ||
190 | - | – 5 – | |
191 | 191 | ||
192 | - | (2) FOR FISCAL YEAR 2024, THE GOVERNOR SHALL INCLUD E IN THE | |
193 | - | ANNUAL BUDGET BILL A N APPROPRIATION TO T HE FUND OF $10,000,000. | |
192 | + | 1. RURAL COMMUNITIES ; 1 | |
194 | 193 | ||
195 | - | (3) FOR FISCAL YEAR 2025, THE GOVERNOR SHALL INCLUD E IN THE | |
196 | - | ANNUAL BUDGET BILL A N APPROPRIATION TO T HE FUND OF $5,000,000. | |
194 | + | 2. UNDERSERVED COMMUNITI ES; OR 2 | |
197 | 195 | ||
198 | - | Article – State Finance and Procurement | |
196 | + | 3. 2. AREAS DESIGNATED BY T HE DEPARTMENT AS CHILD 3 | |
197 | + | CARE DESERTS OR AS AREAS LACKING CHILD CARE SLOTS; 4 | |
199 | 198 | ||
200 | - | 6–226. | |
199 | + | (II) CHILD CARE PROVIDERS THAT ARE LOCATED IN RURAL 5 | |
200 | + | COMMUNITIES ; 6 | |
201 | 201 | ||
202 | - | (a) (2) (i) Notwithstanding any other provision of law, and unless | |
203 | - | inconsistent with a federal law, grant agreement, or other federal requirement or with the | |
204 | - | terms of a gift or settlement agreement, net interest on all State money allocated by the | |
205 | - | State Treasurer under this section to special funds or accounts, and otherwise entitled to | |
206 | - | receive interest earnings, as accounted for by the Comptroller, shall accrue to the General | |
207 | - | Fund of the State. | |
202 | + | (III) SERVE CHILD CARE PROVIDERS THAT SERVE PRIMARILY 7 | |
203 | + | LOW–INCOME POPULATIONS I N AREAS OF HIGH POVE RTY; 8 | |
208 | 204 | ||
209 | - | ( | |
210 | - | ||
205 | + | (III) (IV) SERVE CHILD CARE PROVIDERS THAT SERVE 9 | |
206 | + | CHILDREN WITH SPECIA L NEEDS; OR AND 10 | |
211 | 207 | ||
212 | - | | |
213 | - | ||
208 | + | (IV) (V) SERVE CHILD CARE PROVIDERS THAT SERVE 11 | |
209 | + | CHILDREN AGES 2 AND YOUNGER . 12 | |
214 | 210 | ||
215 | - | 145. the Access to Counsel in Evictions Special Fund; AND | |
211 | + | (J) THE DEPARTMENT OF COMMERCE SHALL WORK W ITH THE 13 | |
212 | + | DEPARTMENT TO PUBLICI ZE THE AVAILABILITY OF LOANS FROM THE FUND AND 14 | |
213 | + | PROVIDE SUPPORT TO C HILD CARE PROVIDERS IN APPLYING FOR LOAN S FROM THE 15 | |
214 | + | FUND. 16 | |
216 | 215 | ||
217 | - | | |
218 | - | ||
216 | + | (K) (1) FOR FISCAL YEAR 2023, THE GOVERNOR SHALL INCLUD E IN THE 17 | |
217 | + | ANNUAL BUDGET BILL A N APPROPRIATION TO T HE FUND OF $15,000,000. 18 | |
219 | 218 | ||
220 | - | | |
221 | - | ||
219 | + | (2) FOR FISCAL YEAR 2024, THE GOVERNOR SHALL INCLUD E IN THE 19 | |
220 | + | ANNUAL BUDGET BILL A N APPROPRIATION TO T HE FUND OF $10,000,000. 20 | |
222 | 221 | ||
223 | - | Approved by the Governor, May 16, 2022. | |
222 | + | (3) FOR FISCAL YEAR 2025, THE GOVERNOR SHALL INCLUD E IN THE 21 | |
223 | + | ANNUAL BUDGET BILL A N APPROPRIATION TO T HE FUND OF $5,000,000. 22 | |
224 | + | ||
225 | + | Article – State Finance and Procurement 23 | |
226 | + | ||
227 | + | 6–226. 24 | |
228 | + | ||
229 | + | (a) (2) (i) Notwithstanding any other provision of law, and unless 25 | |
230 | + | inconsistent with a federal law, grant agreement, or other federal requirement or with the 26 | |
231 | + | terms of a gift or settlement agreement, net interest on all State money allocated by the 27 | |
232 | + | State Treasurer under this section to special funds or accounts, and otherwise entitled to 28 | |
233 | + | receive interest earnings, as accounted for by the Comptroller, shall accrue to the General 29 | |
234 | + | Fund of the State. 30 | |
235 | + | 6 HOUSE BILL 993 | |
236 | + | ||
237 | + | ||
238 | + | (ii) The provisions of subparagraph (i) of this paragraph do not apply 1 | |
239 | + | to the following funds: 2 | |
240 | + | ||
241 | + | 144. the Health Equity Resource Community Reserve Fund; 3 | |
242 | + | [and] 4 | |
243 | + | ||
244 | + | 145. the Access to Counsel in Evictions Special Fund; AND 5 | |
245 | + | ||
246 | + | 146. THE CHILD CARE CAPITAL SUPPORT REVOLVING 6 | |
247 | + | LOAN FUND. 7 | |
248 | + | ||
249 | + | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 8 | |
250 | + | 1, 2022. 9 | |
251 | + | ||
252 | + | ||
253 | + | ||
254 | + | ||
255 | + | Approved: | |
256 | + | ________________________________________________________________________________ | |
257 | + | Governor. | |
258 | + | ________________________________________________________________________________ | |
259 | + | Speaker of the House of Delegates. | |
260 | + | ________________________________________________________________________________ | |
261 | + | President of the Senate. |