Old | New | Differences | |
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1 | - | LAWRENCE J. HOGAN, JR., Governor Ch. 491 | |
2 | 1 | ||
3 | - | – 1 – | |
4 | - | Chapter 491 | |
5 | - | (Senate Bill 310) | |
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 | + | *sb0310* | |
8 | 10 | ||
9 | - | Anne Arundel County and City of Annapolis – Small, Minority, and | |
10 | - | Women–Owned Businesses Account – Local State of Emergency | |
11 | + | SENATE BILL 310 | |
12 | + | C8 (2lr0894) | |
13 | + | ENROLLED BILL | |
14 | + | — Budget and Taxation/Ways and Means — | |
15 | + | Introduced by Senators Elfreth, Hester, Gallion, Guzzone, and Hershey | |
11 | 16 | ||
12 | - | FOR the purpose of expanding the eligible uses of the Small, Minority, and Women–Owned | |
13 | - | Businesses Account to include the provision of certain grants and the conversion of | |
14 | - | certain loan amounts into grants in areas Anne Arundel County and the City of | |
15 | - | Annapolis when in a declared a local state of emergency; limiting the amount of | |
16 | - | certain grants and loan amounts converted to grants that may be provided to a | |
17 | - | certain business; establishing the Workgroup to Study the Establishment of a State | |
18 | - | Disaster Relief Fund; and generally relating to the Small, Minority, and | |
19 | - | Women–Owned Businesses Account. | |
17 | + | Read and Examined by Proofreaders: | |
20 | 18 | ||
21 | - | BY repealing and reenacting, with amendments, | |
22 | - | Article – Economic Development | |
23 | - | Section 5–1501 | |
24 | - | Annotated Code of Maryland | |
25 | - | (2018 Replacement Volume and 2021 Supplement) | |
19 | + | _______________________________________________ | |
20 | + | Proofreader. | |
21 | + | _______________________________________________ | |
22 | + | Proofreader. | |
26 | 23 | ||
27 | - | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, | |
28 | - | That the Laws of Maryland read as follows: | |
24 | + | Sealed with the Great Seal and presented to the Governor, for his approval this | |
29 | 25 | ||
30 | - | ||
26 | + | _______ day of _______________ at ________________________ o’clock, ________M. | |
31 | 27 | ||
32 | - | 5–1501. | |
28 | + | ______________________________________________ | |
29 | + | President. | |
33 | 30 | ||
34 | - | (a) There is a Small, Minority, and Women–Owned Businesses Account under the | |
35 | - | authority of the Department. | |
31 | + | CHAPTER ______ | |
36 | 32 | ||
37 | - | (b) (1) (i) The Account shall receive money as required under § 9–1A–27 of | |
38 | - | the State Government Article. | |
33 | + | AN ACT concerning 1 | |
39 | 34 | ||
40 | - | ||
41 | - | ||
35 | + | Anne Arundel County and City of Annapolis – Small, Minority, and 2 | |
36 | + | Women–Owned Businesses Account – Local State of Emergency 3 | |
42 | 37 | ||
43 | - | (2) Money in the Account shall be invested and reinvested by the Treasurer | |
44 | - | and interest and earnings shall accrue to the Account. | |
38 | + | FOR the purpose of expanding the eligible uses of the Small, Minority, and Women–Owned 4 | |
39 | + | Businesses Account to include the provision of certain grants and the conversion of 5 | |
40 | + | certain loan amounts into grants in areas Anne Arundel County and the City of 6 | |
41 | + | Annapolis when in a declared a local state of emergency; limiting the amount of 7 | |
42 | + | certain grants and loan amounts converted to grants that may be provided to a 8 | |
43 | + | certain business; establishing the Workgroup to Study the Establishment of a State 9 | |
44 | + | Disaster Relief Fund; and generally relating to the Small, Minority, and 10 | |
45 | + | Women–Owned Businesses Account. 11 | |
45 | 46 | ||
46 | - | (3) The Comptroller shall: | |
47 | + | BY repealing and reenacting, with amendments, 12 | |
48 | + | Article – Economic Development 13 | |
49 | + | Section 5–1501 14 2 SENATE BILL 310 | |
47 | 50 | ||
48 | - | (i) account for the Account; and | |
49 | - | Ch. 491 2022 LAWS OF MARYLAND | |
50 | 51 | ||
51 | - | – 2 – | |
52 | - | (ii) on a properly approved transmittal prepared by the Department, | |
53 | - | issue a warrant to pay out money from the Account in the manner provided under this | |
54 | - | section. | |
52 | + | Annotated Code of Maryland 1 | |
53 | + | (2018 Replacement Volume and 2021 Supplement) 2 | |
55 | 54 | ||
56 | - | | |
57 | - | ||
55 | + | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 3 | |
56 | + | That the Laws of Maryland read as follows: 4 | |
58 | 57 | ||
59 | - | (5) Expenditures from the Account shall only be made on a properly | |
60 | - | approved transmittal prepared by the Department as provided under subsection (c) of this | |
61 | - | section. | |
58 | + | Article – Economic Development 5 | |
62 | 59 | ||
63 | - | ||
60 | + | 5–1501. 6 | |
64 | 61 | ||
65 | - | ( | |
66 | - | ||
62 | + | (a) There is a Small, Minority, and Women–Owned Businesses Account under the 7 | |
63 | + | authority of the Department. 8 | |
67 | 64 | ||
68 | - | ( | |
69 | - | ||
65 | + | (b) (1) (i) The Account shall receive money as required under § 9–1A–27 of 9 | |
66 | + | the State Government Article. 10 | |
70 | 67 | ||
71 | - | (2) Subject to the provisions of paragraph (3) of this subsection AND | |
72 | - | SUBSECTION (I) OF THIS SECTION , the Department shall make grants to eligible fund | |
73 | - | managers to provide investment capital and loans to small, minority, and women–owned | |
74 | - | businesses in the State. | |
68 | + | (ii) The Account shall receive money from the Strategic Energy 11 | |
69 | + | Investment Fund as required under § 9–20B–05 of the State Government Article. 12 | |
75 | 70 | ||
76 | - | (3) Except for money received from the Strategic Energy Investment Fund, | |
77 | - | the Department shall ensure that eligible fund managers allocate at least 50% of the funds | |
78 | - | from this Account to small, minority, and women–owned businesses in the jurisdictions and | |
79 | - | communities surrounding a video lottery facility. | |
71 | + | (2) Money in the Account shall be invested and reinvested by the Treasurer 13 | |
72 | + | and interest and earnings shall accrue to the Account. 14 | |
80 | 73 | ||
81 | - | (d) (1) Any money received from the Strategic Energy Investment Fund shall | |
82 | - | be used to benefit small, minority, women–owned, and veteran–owned businesses in the | |
83 | - | clean energy industry in the State. | |
74 | + | (3) The Comptroller shall: 15 | |
84 | 75 | ||
85 | - | (2) The Department shall make grants to eligible fund managers to provide | |
86 | - | investment capital, including direct equity investments and similar investments and loans | |
87 | - | to small, minority, women–owned, and veteran–owned businesses in the clean energy | |
88 | - | industry in the State. | |
76 | + | (i) account for the Account; and 16 | |
89 | 77 | ||
90 | - | (e) Fund managers receiving grants under this section shall: | |
78 | + | (ii) on a properly approved transmittal prepared by the Department, 17 | |
79 | + | issue a warrant to pay out money from the Account in the manner provided under this 18 | |
80 | + | section. 19 | |
91 | 81 | ||
92 | - | (1) keep proper records of funds and accounts; | |
82 | + | (4) The Account is a special, nonlapsing fund that is not subject to § 7–302 20 | |
83 | + | of the State Finance and Procurement Article. 21 | |
93 | 84 | ||
94 | - | (2) provide an annual report to the Governor and, in accordance with § | |
95 | - | 2–1257 of the State Government Article, the General Assembly on investment capital and | |
96 | - | loans made pursuant to subsection (c) of this section; and | |
97 | - | LAWRENCE J. HOGAN, JR., Governor Ch. 491 | |
85 | + | (5) Expenditures from the Account shall only be made on a properly 22 | |
86 | + | approved transmittal prepared by the Department as provided under subsection (c) of this 23 | |
87 | + | section. 24 | |
98 | 88 | ||
99 | - | – 3 – | |
100 | - | (3) be subject to audit by the Office of Legislative Audits of the Department | |
101 | - | of Legislative Services. | |
89 | + | (c) (1) In this subsection, “eligible fund manager”: 25 | |
102 | 90 | ||
103 | - | (f) (1) Subject to paragraph (2) of this subsection, an eligible fund manager | |
104 | - | may use money from grants received under this section to pay expenses for administrative, | |
105 | - | actuarial, legal, and technical services. | |
91 | + | (i) means an entity that has significant financial or investment 26 | |
92 | + | experience, under criteria developed by the Department; and 27 | |
106 | 93 | ||
107 | - | ( | |
108 | - | ||
94 | + | (ii) includes an entity that the Department designates to manage 28 | |
95 | + | funds received under subsection (b)(1)(i) of this section. 29 | |
109 | 96 | ||
110 | - | (g) (1) Subject to paragraphs (2) through (4) of this subsection, an eligible fund | |
111 | - | manager may use money from a grant received under subsection (d)(1) of this section to pay | |
112 | - | ordinary and reasonable expenses for administrative, actuarial, legal, marketing, and | |
113 | - | technical services and management fees. | |
97 | + | (2) Subject to the provisions of paragraph (3) of this subsection AND 30 | |
98 | + | SUBSECTION (I) OF THIS SECTION , the Department shall make grants to eligible fund 31 SENATE BILL 310 3 | |
114 | 99 | ||
115 | - | (2) The Department shall: | |
116 | 100 | ||
117 | - | ||
118 | - | ||
101 | + | managers to provide investment capital and loans to small, minority, and women–owned 1 | |
102 | + | businesses in the State. 2 | |
119 | 103 | ||
120 | - | (ii) make grant allocations to an eligible fund manager as the | |
121 | - | manager advises the Department that the manager has approved and prepared to fund an | |
122 | - | investment or a loan. | |
104 | + | (3) Except for money received from the Strategic Energy Investment Fund, 3 | |
105 | + | the Department shall ensure that eligible fund managers allocate at least 50% of the funds 4 | |
106 | + | from this Account to small, minority, and women–owned businesses in the jurisdictions and 5 | |
107 | + | communities surrounding a video lottery facility. 6 | |
123 | 108 | ||
124 | - | (3) Any allocation that the Department makes to an eligible fund manager | |
125 | - | from the Strategic Energy Investment Fund shall include: | |
109 | + | (d) (1) Any money received from the Strategic Energy Investment Fund shall 7 | |
110 | + | be used to benefit small, minority, women–owned, and veteran–owned businesses in the 8 | |
111 | + | clean energy industry in the State. 9 | |
126 | 112 | ||
127 | - | (i) the amount of the investment or loan; and | |
113 | + | (2) The Department shall make grants to eligible fund managers to provide 10 | |
114 | + | investment capital, including direct equity investments and similar investments and loans 11 | |
115 | + | to small, minority, women–owned, and veteran–owned businesses in the clean energy 12 | |
116 | + | industry in the State. 13 | |
128 | 117 | ||
129 | - | (ii) up to an additional 3% of the total investment or loan | |
130 | - | commitment amount as a management fee for the benefit and compensation of the eligible | |
131 | - | fund manager. | |
118 | + | (e) Fund managers receiving grants under this section shall: 14 | |
132 | 119 | ||
133 | - | (4) An eligible fund manager that receives an allocation from the Strategic | |
134 | - | Energy Investment Fund shall retain for the manager’s benefit: | |
120 | + | (1) keep proper records of funds and accounts; 15 | |
135 | 121 | ||
136 | - | (i) all management fees paid by the Department; and | |
122 | + | (2) provide an annual report to the Governor and, in accordance with § 16 | |
123 | + | 2–1257 of the State Government Article, the General Assembly on investment capital and 17 | |
124 | + | loans made pursuant to subsection (c) of this section; and 18 | |
137 | 125 | ||
138 | - | ( | |
139 | - | ||
126 | + | (3) be subject to audit by the Office of Legislative Audits of the Department 19 | |
127 | + | of Legislative Services. 20 | |
140 | 128 | ||
141 | - | (h) (1) Notwithstanding any provisions in this section to the contrary, this | |
142 | - | subsection applies to businesses in areas of the State that are: | |
129 | + | (f) (1) Subject to paragraph (2) of this subsection, an eligible fund manager 21 | |
130 | + | may use money from grants received under this section to pay expenses for administrative, 22 | |
131 | + | actuarial, legal, and technical services. 23 | |
143 | 132 | ||
144 | - | ( | |
145 | - | ||
133 | + | (2) The Department shall set the maximum amount of grant money that 24 | |
134 | + | each eligible fund manager may use under paragraph (1) of this subsection. 25 | |
146 | 135 | ||
147 | - | – 4 – | |
148 | - | (ii) subject to a federal declaration of emergency; or | |
136 | + | (g) (1) Subject to paragraphs (2) through (4) of this subsection, an eligible fund 26 | |
137 | + | manager may use money from a grant received under subsection (d)(1) of this section to pay 27 | |
138 | + | ordinary and reasonable expenses for administrative, actuarial, legal, marketing, and 28 | |
139 | + | technical services and management fees. 29 | |
149 | 140 | ||
150 | - | ( | |
141 | + | (2) The Department shall: 30 | |
151 | 142 | ||
152 | - | (2) In an area of the State described in paragraph (1) of this subsection, an | |
153 | - | eligible fund manager may: | |
143 | + | (i) maintain all money received from the Strategic Energy 31 | |
144 | + | Investment Fund in a single account; and 32 | |
145 | + | 4 SENATE BILL 310 | |
154 | 146 | ||
155 | - | (i) provide financial assistance under this section to a small, | |
156 | - | minority, or women–owned business in the form of a grant; or | |
157 | 147 | ||
158 | - | (ii) | |
159 | - | ||
160 | - | ||
148 | + | (ii) make grant allocations to an eligible fund manager as the 1 | |
149 | + | manager advises the Department that the manager has approved and prepared to fund an 2 | |
150 | + | investment or a loan. 3 | |
161 | 151 | ||
162 | - | (3) | |
163 | - | ||
152 | + | (3) Any allocation that the Department makes to an eligible fund manager 4 | |
153 | + | from the Strategic Energy Investment Fund shall include: 5 | |
164 | 154 | ||
165 | - | (ii) The aggregate total of financial assistance provided in the form | |
166 | - | of grants and loans converted to grants under this subsection may not exceed $10,000,000 | |
167 | - | in a fiscal year. | |
155 | + | (i) the amount of the investment or loan; and 6 | |
168 | 156 | ||
169 | - | (I) (1) NOTWITHSTANDING ANY O THER PROVISION OF TH IS SECTION, | |
170 | - | THIS SUBSECTION APPL IES TO BUSINESSES AN D NONPROFIT ORGANIZA TIONS IN | |
171 | - | AREAS OF THE STATE WHERE THE PRINC IPAL EXECUTIVE OFFIC ER ANNE ARUNDEL | |
172 | - | COUNTY AND THE CITY OF ANNAPOLIS WHEN THE PR INCIPAL EXECUTIVE OF FICER | |
173 | - | HAS DECLARED A LOCAL STATE OF EMERGENCY U NDER § 14–111 OF THE PUBLIC | |
174 | - | SAFETY ARTICLE. | |
157 | + | (ii) up to an additional 3% of the total investment or loan 7 | |
158 | + | commitment amount as a management fee for the benefit and compensation of the eligible 8 | |
159 | + | fund manager. 9 | |
175 | 160 | ||
176 | - | ( | |
177 | - | ||
161 | + | (4) An eligible fund manager that receives an allocation from the Strategic 10 | |
162 | + | Energy Investment Fund shall retain for the manager’s benefit: 11 | |
178 | 163 | ||
179 | - | (I) PROVIDE FINANCIAL AS SISTANCE UNDER THIS SECTION TO | |
180 | - | A SMALL, MINORITY, OR WOMEN –OWNED BUSINESS , INCLUDING NONPROFIT | |
181 | - | ORGANIZATIONS , IN THE FORM OF A GRA NT; OR | |
164 | + | (i) all management fees paid by the Department; and 12 | |
182 | 165 | ||
183 | - | (II) CONVERT TO A GRANT P ART OR ALL OF A LOAN THAT WAS | |
184 | - | PROVIDED TO A SMALL , MINORITY, OR WOMEN–OWNED BUSINESS OR NO NPROFIT | |
185 | - | ORGANIZATION BEFORE THE AREA BECAME SUBJ ECT TO A DECLARATION OF | |
186 | - | EMERGENCY . | |
166 | + | (ii) all interest earned from a loan made by the eligible fund manager 13 | |
167 | + | under this subsection. 14 | |
187 | 168 | ||
188 | - | (3) THE AMOUNT OF ANY GRA NT OR LOAN CONVERTED TO A GRANT | |
189 | - | UNDER THIS SUBSECTIO N MAY NOT EXCEED $50,000 FOR A SINGLE BUSINESS OR | |
190 | - | NONPROFIT ORGANIZATI ON. | |
191 | - | LAWRENCE J. HOGAN, JR., Governor Ch. 491 | |
169 | + | (h) (1) Notwithstanding any provisions in this section to the contrary, this 15 | |
170 | + | subsection applies to businesses in areas of the State that are: 16 | |
192 | 171 | ||
193 | - | – 5 – | |
194 | - | (4) THE DEPARTMENT SHALL APPR OVE ANY ASSISTANCE T O A | |
195 | - | BUSINESS OR NONPROFI T ORGANIZATION UNDER THIS SUBSECTION BEFO RE A FUND | |
196 | - | MANAGER DISTRIBUTES A GRANT OR CONVERTS A LOAN TO A GRANT . | |
172 | + | (i) declared to be federal disaster areas; 17 | |
197 | 173 | ||
198 | - | (5) THE DEPARTMENT SHALL ENSU RE THAT THE FINANCIAL | |
199 | - | ASSISTANCE PROVIDED UNDER THIS SECTION D OES NOT EXCEED THE A MOUNT OF | |
200 | - | MONEY DISTRIBUTED TO THE ACCOUNT FROM THE PROC EEDS OF VIDEO LOTTER Y | |
201 | - | TERMINALS AT THE VID EO LOTTERY FACILITY LOCATED IN ANNE ARUNDEL COUNTY. | |
174 | + | (ii) subject to a federal declaration of emergency; or 18 | |
202 | 175 | ||
203 | - | [(i)] (J) The Legislative Auditor shall audit the utilization of the funds that are | |
204 | - | allocated to small, minority, and women–owned businesses by eligible fund managers | |
205 | - | under subsection (c)(3) of this section during an audit of the applicable State unit as | |
206 | - | provided in § 2–1220 of the State Government Article. | |
176 | + | (iii) subject to an official declaration of emergency by the Governor. 19 | |
207 | 177 | ||
208 | - | [(j)] (K) (1) On or before October 1 each year, the Department shall submit a | |
209 | - | report on the status of money received from the Strategic Energy Investment Fund under | |
210 | - | subsection (d) of this section to the Senate Finance Committee and the House Economic | |
211 | - | Matters Committee, in accordance with § 2–1257 of the State Government Article. | |
178 | + | (2) In an area of the State described in paragraph (1) of this subsection, an 20 | |
179 | + | eligible fund manager may: 21 | |
212 | 180 | ||
213 | - | ( | |
214 | - | ||
181 | + | (i) provide financial assistance under this section to a small, 22 | |
182 | + | minority, or women–owned business in the form of a grant; or 23 | |
215 | 183 | ||
216 | - | (i) the amounts received from the Fund; | |
184 | + | (ii) convert to a grant part or all of a loan that was provided to a 24 | |
185 | + | small, minority, or women–owned business before the area was declared a federal disaster 25 | |
186 | + | area or became subject to a declaration of emergency. 26 | |
217 | 187 | ||
218 | - | (ii) the amounts placed as grants with eligible fund managers; and | |
188 | + | (3) (i) The amount of any grant or loan converted to a grant under this 27 | |
189 | + | subsection may not exceed $50,000 for a single business. 28 | |
219 | 190 | ||
220 | - | (iii) with respect to each eligible fund manager: | |
191 | + | (ii) The aggregate total of financial assistance provided in the form 29 | |
192 | + | of grants and loans converted to grants under this subsection may not exceed $10,000,000 30 | |
193 | + | in a fiscal year. 31 | |
194 | + | SENATE BILL 310 5 | |
221 | 195 | ||
222 | - | 1. the identity of the manager; | |
223 | 196 | ||
224 | - | 2. the money provided to the manager; | |
197 | + | (I) (1) NOTWITHSTANDING ANY O THER PROVISION OF TH IS SECTION, 1 | |
198 | + | THIS SUBSECTION APPL IES TO BUSINESSES AN D NONPROFIT ORGANIZA TIONS IN 2 | |
199 | + | AREAS OF THE STATE WHERE THE PRINC IPAL EXECUTIVE OFFIC ER ANNE ARUNDEL 3 | |
200 | + | COUNTY AND THE CITY OF ANNAPOLIS WHEN THE PR INCIPAL EXECUTIVE OF FICER 4 | |
201 | + | HAS DECLARED A LOCAL STATE OF EMERGENCY U NDER § 14–111 OF THE PUBLIC 5 | |
202 | + | SAFETY ARTICLE. 6 | |
225 | 203 | ||
226 | - | 3. the investments made by the manager; | |
204 | + | (2) IN AN AREA OF THE STATE DESCRIBED IN SUBJECT TO 7 | |
205 | + | PARAGRAPH (1) OF THIS SUBSECTION , AN ELIGIBLE FUND MANAGE R MAY: 8 | |
227 | 206 | ||
228 | - | 4. the amounts retained by the manager as expenses and | |
229 | - | management fees; | |
207 | + | (I) PROVIDE FINANCIAL AS SISTANCE UNDER THIS SECTION TO 9 | |
208 | + | A SMALL, MINORITY, OR WOMEN –OWNED BUSINESS , INCLUDING NONPROFIT 10 | |
209 | + | ORGANIZATIONS , IN THE FORM OF A GRA NT; OR 11 | |
230 | 210 | ||
231 | - | 5. the small, minority, women–owned, and veteran–owned | |
232 | - | businesses receiving the investments; and | |
211 | + | (II) CONVERT TO A GRANT P ART OR ALL OF A LOAN THAT WAS 12 | |
212 | + | PROVIDED TO A SMALL , MINORITY, OR WOMEN–OWNED BUSINESS OR NO NPROFIT 13 | |
213 | + | ORGANIZATION BEFORE THE AREA BECAME SUBJ ECT TO A DECLARATION OF 14 | |
214 | + | EMERGENCY . 15 | |
233 | 215 | ||
234 | - | 6. the status of the investments listed under item 5 of this | |
235 | - | item, along with any return made on each investment. | |
216 | + | (3) THE AMOUNT OF ANY GRA NT OR LOAN CONVERTED TO A GRANT 16 | |
217 | + | UNDER THIS SUBSECTIO N MAY NOT EXCEED $50,000 FOR A SINGLE BUSINESS OR 17 | |
218 | + | NONPROFIT ORGANIZATI ON. 18 | |
236 | 219 | ||
237 | - | SECTION 2. AND BE IT FURTHER ENACTED, That: | |
238 | - | Ch. 491 2022 LAWS OF MARYLAND | |
220 | + | (4) THE DEPARTMENT SHALL APPR OVE ANY ASSISTANCE T O A 19 | |
221 | + | BUSINESS OR NONPROFI T ORGANIZATION UNDER THIS SUBSECTION BEFO RE A FUND 20 | |
222 | + | MANAGER DISTRIBUTES A GRANT OR CONVERTS A LOAN TO A GRANT . 21 | |
239 | 223 | ||
240 | - | – 6 – | |
241 | - | (a) There is a Workgroup to Study the Establishment of a State Disaster Relief | |
242 | - | Fund. | |
224 | + | (5) THE DEPARTMENT SHALL ENSU RE THAT THE FINANCIAL 22 | |
225 | + | ASSISTANCE PROVIDED UNDER THIS SECTION D OES NOT EXCEED THE A MOUNT OF 23 | |
226 | + | MONEY DISTRIBUTED TO THE ACCOUNT FROM THE PROC EEDS OF VIDEO LOTTER Y 24 | |
227 | + | TERMINALS AT THE VID EO LOTTERY FACILITY LOCATED IN ANNE ARUNDEL COUNTY. 25 | |
243 | 228 | ||
244 | - | (b) The Workgroup consists of the following members: | |
229 | + | [(i)] (J) The Legislative Auditor shall audit the utilization of the funds that are 26 | |
230 | + | allocated to small, minority, and women–owned businesses by eligible fund managers 27 | |
231 | + | under subsection (c)(3) of this section during an audit of the applicable State unit as 28 | |
232 | + | provided in § 2–1220 of the State Government Article. 29 | |
245 | 233 | ||
246 | - | (1) two members of the Senate of Maryland, appointed by the President of | |
247 | - | the Senate; | |
234 | + | [(j)] (K) (1) On or before October 1 each year, the Department shall submit a 30 | |
235 | + | report on the status of money received from the Strategic Energy Investment Fund under 31 | |
236 | + | subsection (d) of this section to the Senate Finance Committee and the House Economic 32 | |
237 | + | Matters Committee, in accordance with § 2–1257 of the State Government Article. 33 | |
248 | 238 | ||
249 | - | (2) | |
250 | - | the | |
239 | + | (2) With respect to the preceding fiscal year and each relevant prior fiscal 34 | |
240 | + | year, the report shall include: 35 6 SENATE BILL 310 | |
251 | 241 | ||
252 | - | (3) (1) four representatives from county emergency management | |
253 | - | agencies, designated by the Maryland Association of Counties; | |
254 | 242 | ||
255 | - | (4) (2) two county government representatives with familiarity with | |
256 | - | county purchasing and finance, designated by the Maryland Association of Counties; | |
257 | 243 | ||
258 | - | (5) (3) two representatives from the Maryland Emergency Management | |
259 | - | Association, designated by the President of the Association; | |
244 | + | (i) the amounts received from the Fund; 1 | |
260 | 245 | ||
261 | - | (6) (4) the Secretary of Emergency Management, or the Secretary’s | |
262 | - | designee; | |
246 | + | (ii) the amounts placed as grants with eligible fund managers; and 2 | |
263 | 247 | ||
264 | - | ( | |
248 | + | (iii) with respect to each eligible fund manager: 3 | |
265 | 249 | ||
266 | - | (8) (6) two members of the Maryland Municipal League, appointed by | |
267 | - | the President of the Maryland Municipal League; and | |
250 | + | 1. the identity of the manager; 4 | |
268 | 251 | ||
269 | - | | |
252 | + | 2. the money provided to the manager; 5 | |
270 | 253 | ||
271 | - | (10) (7) two members to represent the Governor’s Emergency | |
272 | - | Management Advisory Committee, appointed by the Governor. | |
254 | + | 3. the investments made by the manager; 6 | |
273 | 255 | ||
274 | - | (c) The Workgroup shall elect the chair of the Workgroup. | |
256 | + | 4. the amounts retained by the manager as expenses and 7 | |
257 | + | management fees; 8 | |
275 | 258 | ||
276 | - | | |
277 | - | the | |
259 | + | 5. the small, minority, women–owned, and veteran–owned 9 | |
260 | + | businesses receiving the investments; and 10 | |
278 | 261 | ||
279 | - | (e) A member of the Workgroup: | |
262 | + | 6. the status of the investments listed under item 5 of this 11 | |
263 | + | item, along with any return made on each investment. 12 | |
280 | 264 | ||
281 | - | | |
265 | + | SECTION 2. AND BE IT FURTHER ENACTED, That: 13 | |
282 | 266 | ||
283 | - | ( | |
284 | - | ||
267 | + | (a) There is a Workgroup to Study the Establishment of a State Disaster Relief 14 | |
268 | + | Fund. 15 | |
285 | 269 | ||
286 | - | ( | |
270 | + | (b) The Workgroup consists of the following members: 16 | |
287 | 271 | ||
288 | - | – 7 – | |
272 | + | (1) two members of the Senate of Maryland, appointed by the President of 17 | |
273 | + | the Senate; 18 | |
289 | 274 | ||
290 | - | (1) the efficacy and sustainability of existing emergency fund sources; and | |
275 | + | (2) two members of the House of Delegates, appointed by the Speaker of 19 | |
276 | + | the House; 20 | |
291 | 277 | ||
292 | - | (2) the potential establishment of a State Disaster Relief Fund. | |
278 | + | (3) (1) four representatives from county emergency management 21 | |
279 | + | agencies, designated by the Maryland Association of Counties; 22 | |
293 | 280 | ||
294 | - | (g) On or before December 31, 2022, the Workgroup shall report its findings and | |
295 | - | recommendations to the Governor and, in accordance wit h § 2–1257 of the State | |
296 | - | Government Article, the General Assembly. | |
281 | + | (4) (2) two county government representatives with familiarity with 23 | |
282 | + | county purchasing and finance, designated by the Maryland Association of Counties; 24 | |
297 | 283 | ||
298 | - | SECTION 2. 3. AND BE IT FURTHER ENACTED, That this Act shall take effect | |
299 | - | July 1, 2022. Section 1 of this Act shall remain effective for a period of 2 years and, at the | |
300 | - | end of June 30, 2024, Section 1 of this Act, with no further action required by the General | |
301 | - | Assembly, shall be abrogated and of no further force and effect. Section 2 of this Act shall | |
302 | - | remain effective for a period of 1 year and, at the end of June 30, 2023, Section 2 of this Act, | |
303 | - | with no further action required by the General Assembly, shall be abrogated and of no | |
304 | - | further force and effect. | |
284 | + | (5) (3) two representatives from the Maryland Emergency Management 25 | |
285 | + | Association, designated by the President of the Association; 26 | |
305 | 286 | ||
306 | - | Enacted under Article II, § 17(c) of the Maryland Constitution, May 29, 2022. | |
287 | + | (6) (4) the Secretary of Emergency Management, or the Secretary’s 27 | |
288 | + | designee; 28 | |
289 | + | SENATE BILL 310 7 | |
290 | + | ||
291 | + | ||
292 | + | (7) (5) the Secretary of Human Services, or the Secretary’s designee; 1 | |
293 | + | ||
294 | + | (8) (6) two members of the Maryland Municipal League, appointed by 2 | |
295 | + | the President of the Maryland Municipal League; and 3 | |
296 | + | ||
297 | + | (9) the Maryland State Treasurer, or the Treasurer’s designee; and 4 | |
298 | + | ||
299 | + | (10) (7) two members to represent the Governor’s Emergency 5 | |
300 | + | Management Advisory Committee, appointed by the Governor. 6 | |
301 | + | ||
302 | + | (c) The Workgroup shall elect the chair of the Workgroup. 7 | |
303 | + | ||
304 | + | (d) The Maryland Department of Emergency Management shall provide staff for 8 | |
305 | + | the Workgroup. 9 | |
306 | + | ||
307 | + | (e) A member of the Workgroup: 10 | |
308 | + | ||
309 | + | (1) may not receive compensation as a member of the Workgroup; but 11 | |
310 | + | ||
311 | + | (2) is entitled to reimbursement for expenses under the Standard State 12 | |
312 | + | Travel Regulations, as provided in the State budget. 13 | |
313 | + | ||
314 | + | (f) The Workgroup shall study and make recommendations regarding: 14 | |
315 | + | ||
316 | + | (1) the efficacy and sustainability of existing emergency fund sources; and 15 | |
317 | + | ||
318 | + | (2) the potential establishment of a State Disaster Relief Fund. 16 | |
319 | + | ||
320 | + | (g) On or before December 31, 2022, the Workgroup shall report its findings and 17 | |
321 | + | recommendations to the Governor and, in accordance with § 2–1257 of the State 18 | |
322 | + | Government Article, the General Assembly. 19 | |
323 | + | ||
324 | + | SECTION 2. 3. AND BE IT FURTHER ENACTED, That this Act shall take effect 20 | |
325 | + | July 1, 2022. Section 1 of this Act shall remain effective for a period of 2 years and, at the 21 | |
326 | + | end of June 30, 2024, Section 1 of this Act, with no further action required by the General 22 | |
327 | + | Assembly, shall be abrogated and of no further force and effect. Section 2 of this Act shall 23 | |
328 | + | remain effective for a period of 1 year and, at the end of June 30, 2023, Section 2 of this Act, 24 | |
329 | + | with no further action required by the General Assembly, shall be abrogated and of no 25 | |
330 | + | further force and effect. 26 | |
331 | + | ||
332 | + | ||
333 | + |